Legal support of startup projects
For a startup project to be successfulI, it is not enough to have an innovative business idea and write a business plan, but also to be competitive to work with customers, investors and contractors.
It is very important to identify the author of the idea in order to avoid possible disputes at the stage of creation the project.
At this time, the lawyer acts as a consultant in the registration of patenting, know-how, and intellectual property rights. An idea remains only an idea until it is put into some form and registered. Only after legal regulation is it possible to share the idea and ensure its development.
In order to generate income from a startup project, many important issues must be resolved, for example, the choice of legal form of activity. Which is more appropriate: an individual entrepreneur or an LLC? How to divide the shares of each participant? How to correctly determine the rights and duties of the parties?
It is very important to clarify these and many other issues at the initial stage.
The next important stage is attracting funding to the project. Without adequate funding, any successful idea is often stays an idea. Therefore, in many cases, startups face the issue of attracting investment to their projects.
Of course, you can apply for support programs to attract funding to a startup, but contacting a specialist to prepare an application, draw up a business plan and form a package of documents will help you succeed.
A startup, like any other business, needs legal support during the development process. And this is due to support from the very beginning, regarding the contract management and the protection of intellectual property.
If you are an entrepreneur and have an innovative business concept, having your legal documents in order allows you to reach your goal faster than your competitors. One of the most important reasons startups fail is lack of legal support.
OUR AREAS OF WORK INCLUDE
• examination of legality of the idea and identification of risks;
• Registration in the Republic of Azerbaijan and abroad;
• organization of corporate management;
• legal support in obtaining a start-up certificate.