News & Analysis as of November 17, 2024

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Business formation is the process of establishing a legal entity to carry out a particular entreprise. The law provides several entity options, each with its own advantages and disadvantages. Limited... more +

Business formation is the process of establishing a legal entity to carry out a particular entreprise. The law provides several entity options, each with its own advantages and disadvantages. Limited Liability Corporations (LLC), Limited Liability Partnerships (LLP), and S-Corporations are a few examples of available options. When forming a business, founders can choose whichever entity-type best aligns with their specific tax and liability needs and considerations. Other important aspects of forming a business include drafting a comprehensive business plan, choosing appropriate insurance, establishing personnel policies and protecting intellectual property. less -

Establishing a Business Entity in Uganda

International Lawyers Network on 3/11/2024

1. INTRODUCTION - Given that Uganda was a British colony, the English legal system and law are predominant in Uganda. Uganda's legal system is based on English Common Law and African customary law. However, customary law...more

Establishing a Business Entity in Turkey (Updated)

International Lawyers Network on 3/8/2024

A. Types of Business Entities - 1. Description of The Types of Entities - Pursuant to Turkish Foreign Direct Investment Law, foreign investors are free to make foreign direct investments in Turkey and shall be...more

Establishing a Business Entity in the Netherlands (Updated)

International Lawyers Network on 3/7/2024

TYPES OF BUSINESS ENTITIES - In the Netherlands, there is a distinction between entities which qualify as legal entities (‘rechtspersonen’) and partnerships (‘personenvennootschappen’) which do not. Legal entities are...more

Establishing a Business Entity in Sweden (Updated)

International Lawyers Network on 3/5/2024

1. INTRODUCTION TO THE VARIOUS AVAILABLE LEGAL ENTITY TYPES - The most common form of legal entity to start a newco in Sweden is through a Limited Liability Company (Sw. Aktiebolag). There are, however, other types of...more

Establishing a Business Entity in Spain (Updated)

International Lawyers Network on 3/5/2024

1. TYPES OF BUSINES ENTITIES - 1.1 Description of the types of entities available in each jurisdiction through which to conduct business - • Limited companies: Corporation and Limited Liability Company - When...more

Bill Would Vest Secretary Of State With Broad Powers To Cancel Business Entities

Allen Matkins on 3/5/2024

Last month, California State Senator Monique Limón introduced a bill, SB 1168, that would endow the California Secretary of State with the power to cancel the articles of a domestic corporation or the filing of a statement...more

Establishing a Business Entity in Taiwan (Updated)

International Lawyers Network on 3/1/2024

Introduction to Taiwan - In less than 50 years starting from 1949, Taiwan went from an agriculture-based economy to being an economic powerhouse and leader in the field of high-tech goods. Its Gross Domestic Product...more

Establishing a Business Entity in Singapore (Updated)

International Lawyers Network on 2/29/2024

Registration of Business Entities - Unless exempted, business entities must be registered with the Accounting and Corporate Regulatory Authority (ACRA) via their business filing portal: BizFile+. A foreigner residing...more

Establishing a Business Entity in Romania (Updated)

International Lawyers Network on 2/28/2024

1. Types of Business Entities - When entering the Romanian market, foreign investors have the option of incorporating a new legal entity with a Romanian legal personality, or setting up a unit of a foreign mother company,...more

Establishing a Business Entity in Norway (Updated)

International Lawyers Network on 2/23/2024

1. Different Business Entities - 1.1 Introduction and outline - Enterprises in Norway may be organized in several ways; the most common are limited liability companies, partnerships, and sole proprietorship. ...more

Establishing a Business Entity in Liechtenstein (Updated)

International Lawyers Network on 2/7/2024

The Principality of Liechtenstein lies at the centre of Europe, nestled between Switzerland and Austria, next to the river Rhine. The form of government is a constitutional monarchy established on democratic parliamentary...more

Establishing a Business Entity in India (Updated)

International Lawyers Network on 1/30/2024

1. Types of Business Entities - 1.1 Description of the types of entities available in India through which to conduct business: A foreign entity may establish a business presence in India by: • opening a liaison...more

Establishing a Business Entity in Hungary (Updated)

International Lawyers Network on 1/29/2024

Since 1990, the Hungarian economy is based on the principles of market economy and considers the freedom of economic competition as a priority. On such basis, the regulation of business associations went through significant...more

Establishing a Business Entity in Greece (Updated)

International Lawyers Network on 1/19/2024

1. Types of Business Entities - The main business entities in Greece are the following: i) the Société Anonyme (S.A.); ii) the Private Company (P.C.); iii) the Limited Liability Company (Ltd); iv) the General Partnership...more

Establishing a Business Entity in France (Updated)

International Lawyers Network on 1/18/2024

1. Types of Business Entities - • Description of the types of entities available in each jurisdiction through which to conduct business - Business may be conducted in France either through a French branch of a foreign...more

Establishing a Business Entity in Estonia (Updated)

International Lawyers Network on 1/11/2024

1. Types of Business Entities - The most common types of companies in Estonia are the public limited liability company ("AS") and the private limited liability company ("OÜ"). The OÜ may be compared to a closed...more

Establishing a Business Entity in England (Updated)

International Lawyers Network on 1/10/2024

The attractiveness of the United Kingdom as a business location is unabated. There are many advantages to doing business in the UK. Investors can draw on a skilled workforce and access a large market; costs of labour and...more

Establishing a Business Entity in Denmark (Updated)

International Lawyers Network on 1/4/2024

1 TYPES OF BUSINESS ENTITIES - There are several forms of business entities in Denmark and there are a wide range of possibilities for establishing a business entity in Denmark. The most suitable entity depends on a...more

Establishing a Business Entity in the Czech Republic (Updated)

International Lawyers Network on 1/3/2024

1. Types of business entities - Investors may choose from the following forms of corporate structure: - Limited liability company - Joint-stock company - Limited liability partnership - General partnership ...more

Establishing a Business Entity in China (Updated)

International Lawyers Network on 12/29/2023

In general, foreign funds are not freely movable into China. There is a long history of exercising comprehensive control over foreign investment since China opened its door in the early 1980s. As the economy continues to...more

Establishing a Business Entity in Chile (Updated)

International Lawyers Network on 12/29/2023

I. Types of Business Entities - 1. Description of the types of entities available - In Chile, there are different types of entities available to establish a business. The most common entities for foreign investment...more

Solving the Puzzle to Improve Corporate Governance

Bowditch & Dewey on 12/22/2023

An often overlooked and critical function of operating a successful business is sound corporate governance. But what is corporate governance? Generally stated, corporate governance encompasses the rules, mechanisms and...more

Establishing a Business Entity in Brazil (Updated)

International Lawyers Network on 12/18/2023

The two most common forms of legal entities incorporated in Brazil are the limited liability company (“Limitada”) and the corporation (“S.A.”). These are considered the most attractive types of companies given that they ...more

Establishing a Business Entity in Australia (Updated)

International Lawyers Network on 12/8/2023

TYPES OF BUSINESS ENTITIES - There are a number of business structures to choose from when starting a new business venture in Australia. Investors need to determine which form of business organisation is the most...more

Establishing a Business Entity in Argentina (Updated)

International Lawyers Network on 12/7/2023

Types of business entities - The two most common types of legal entities adopted in Argentina are the limited liability company (“Sociedad de Responsabilidad Limitada” or “SRL”) and the corporation (“Sociedad Anónima” or...more

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