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Why Entrepreneurs Must Learn to Love Paperwork  

The Startup Magazine

There will be plenty of it early and often during your entrepreneurial journey, but rather than look at it as a headache you should consider the many ways in which it will help protect you, your family, and the company as a whole. Personal asset liability protection is not ironclad. You must abide by your operating agreement.

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Why set up a limited company in Hong Kong?

The Startup Magazine

The company director (not necessarily a Hong Kong resident), the secretary of a Hong Kong resident company (the director and secretary cannot be the same person), the minimum issued capital is HK$1. You can contant to get started HK for company director and secretary services that played a crucial role for company registation.

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. What legally defines a small business?

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How Much Does it Cost to Form an LLC? A Guide For Startups

The Startup Magazine

If you are looking to set up a limited liability company using the least expensive method, you can take this route. Operating Agreement. Hiring a lawyer for your LLC setup usually means the operating agreement is included with the rest of the professional advice that you get from the attorney or the law firm.

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Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

One of the first actions you will take with your startup is to organize your company a separate legal entity to protect yourself from personal liability for the company’s debts. In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”). Verdict : LLC.

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How To Start Your Own Small Business In 7 Easy Steps

YoungUpstarts

You should also take into consideration a domain name that goes with your business name and check to see if there is a URL available for you to develop a company website. Nowadays, many businesses solely operate online due to the dramatic transformation that has taken place in how people buy things in recent years. Pick a Location.

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The First 5 Steps To Starting Your Own Business

YoungUpstarts

Incfile helps you easily compare and contrast the different business entity types , such as a limited liability company vs. an S Corporation vs. a nonprofit. Forming, owning, and operating a small business is unfortunately expensive. Figure Out Your Funds And Financials. Let’s talk money.