A student visa that lets you study at the university of your choice is a terrific thing for you. But what happens if your studies take longer than you planned? On top of exams and term papers, you may have to worry about your student visa expiring. That’s where an immigration lawyer can be your best friend. Understanding how immigration laws work can be the first step to making sure that you keep your student visa in good standing. My blog is all about immigration issues, especially those faced by foreign students. Check out the articles for more information that you can use to complete your studies in the country you chose to study in.
When you have been working for an employer for many years, there may come a time when you finally feel as if you are ready to get out on your own and start a new business of your own. However, the process is not as simple as just having a business idea and just getting started. In the business world today, there are numerous laws and regulations to consider when you are trying to start and run your own business. Get to know some of the important business law facts to know and understand as you are trying to start your own business so you can be sure that you do not make any legal mistakes as you begin your new business endeavors.
Make Sure You Are Not Violating Any Contracts With Previous Employers
If you have recently been employed or are currently employed, you will want to first make sure that you are not violating any contracts with that employer when you go into business for yourself. Many companies require their employees to sign non-compete clauses or contracts.
Non-compete contracts often mean that the employee cannot knowingly take business away from the company if they end their relationship with that company. Sometimes, it also means that you cannot work immediately for another company (including one of your own) that is in the exact same field or business enterprise.
It is important to find copies of your employment contracts to determine whether or not you signed a non-compete clause and what business activities it covers if you did. If you are unsure about what the contract or clause means for your new business venture, contact a lawyer that specializes in business law to help you read and understand the clause.
There Are State And Federal Laws That You Must Abide By
When you start your own business, there are numerous different types of laws that you will need to abide by and follow. Every state has their own specific laws regarding the formation and maintenance of businesses in the state. There are also federal laws that you will need to make sure you abide by.
On the state level, you will want to contact the office of the Secretary of State for any issues or questions that you need answered. The exact steps you will need to take with your state government will depend on the type of business you are opening (i.e. sole proprietorship, partnership, corporation, LLC, etc...). However, each will require that you file paperwork with the state.
You will also need to file for a federal business tax ID number and make sure that your business complies with national financial, tax, and other business laws. Oftentimes, it is a good idea to consult with a business law expert when you are getting close to ready to file taxes for the first time or if you are opening a corporation or S corporation for the first time as the laws and federal regulations can be confusing in such cases.
With these legal matters to consider, you can be sure that you are taking the steps necessary to start a successful and legitimate business free of legal complications. For more information, talk to a professional like Souders Law Group.
Share15 March 2017
