Business Attorney
A business is an organizational entity which is recognized legally and is intended to provide goods and/or services to the consumers. It’s run in a systematic and an organized manner with an expectation of earning profits for the owner. A Business is completely different from a hobby in a way that while in a business the losses are tax deductible, it is not so in a hobby.
There are several kinds of businesses. It could be a Sole Proprietorship, a Partnership, a Corporation, or a Limited Liability Company (LLC).
There could be several reasons as to why a business should hire a business attorney. In case if a business is being investigated for securities fraud or if an injury has occurred to a customer on your premises or due to your products then you definitely would need a business attorney. Otherwise also it is advisable to have a business attorney associated with your business for reasons that might be not so obvious. For instance if you are planning on forming a particular type of business then a qualified business attorney can easily assist you in averting a lot of legal issues that might arise due to such formations and can also advise you on the optimum business formation suited to your needs.
The business attorney can assist with various kinds of business laws like formation and organization, finance and banking, transactional business law, sale and purchase of businesses and assets, debt recovery, intellectual property, information technology and internet and e-commerce laws etc.
The business attorney are well experienced and work in synergy with the clients to ensure that all the legal matters are resolved quickly and cost effectively while keeping in mind the client’s requirements.
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Your local bank manager (yes they do still exist) should be able to put you in touch with some local lawyers in your town, they'll be used to dealing with small businesses in your area and will generally have some good contacts in other fields of business. Have a chat with the lawyers as it won't cost you anything to start with, get some prices on the work you require and see if you like them.
I'm not sure how UK works, but in America, this is how to protect your family assets.
Step 1: Get a C-Corp in the state you are doing business.
Step 2: Get Tax ID for C-Corp
Step 3: File a DBA under C-Corp with Tax ID, this will then become a division or entity of your C-Corp
Step 4: Pay yourself a salary, W2,or defer your salary. This makes you an employee of your C-Corp.
Step 5: Get a C-Corp in NV without Tax ID
Step 6: Transfer First C-Corp stocks to NV C-Corp
We do this because NV corps are protected. NV corps don't have to disclose information about officers and doesn't need to have a tax id, no bank accounts, no franchise tax.
Step 7: For your house, pledge all your equity over to NV Corp. Make your home look upside down. No one will sue you for your house if you owe more than its worth.
Step 8: if you own your car, put a lien on it using your NV corp.
Put liens on every assets you have.
when you do business, use your DBA. When your business is in trouble, you disconnect it by incorporating it and file BK. Becuase you requested a tax id for your dba, BK follows tax id. This allows you to keep your C-Corp and you just go out and file another DBA. You can file as many DBAs as you want and you can file 10 DBAs under a DBA.
Oh, very important, never ever state that you are an owner of your corporation. Always state that you are an employee. you can be a founder and also be an employee. Because your NV corp owns your corp, no one will know who truly owns the corp.
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This is for any lawyer in the UK (England)?
Do you need to open offices abroad or just a representative, What visas do you need to process for the clients, what contracts and certification do you need, opening bank accounts abroad to transfer the money and the tax issues,
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does anyone know where 2 get an unsecured loan with no assets but high regular weekly income for repayment?
I don't think a reputable attorney is going to want to answer your questions by e-mail. For one thing, it isn't secure enough. Secondly, they are exposing themselves to liability they won't want to accept.
Some attorneys will give a brief free conference, but you probably will need to pay for a consultation. It is money you can't afford not to spend.
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Long term debt isn't an asset (perhaps you meant long-term investments). But anyways, the liquidity of assets is in this order:
Cash
Accounts Receivable
Short-term investments
Long-term investments
Property
Intangible assets
Some time ago, I needed to buy a car for my organization but I did not earn enough cash and could not purchase something. Thank heaven my brother adviced to try to get the personal loans at reliable bank. Hence, I did so and was happy with my term loan.