Top Law Firm

Startup Legal consultancy

Abid Nizami Law Associates firm is one of the quality names in Legal & corporate consultancy. Our priority is quality work. We work as the outsourced law consultants that can help you with support and marketing strategies to develop a new business. We have been serving Pakistani and international clients over the years. Our qualified consultant lawyer provides all types of technical, legal, and corporate solutions and services. To give precise corporate and Legal consultancy, the law firm has procured the services of a profoundly experienced team. Our business law consultants can assist you through their profound understanding of the law. They have practical experience in their skills that lead them towards success. We give our undivided attention and listen to every concern of clients and give them appropriate solutions.

Startup Legal Consultancy Services

$650

We give the best Consultancy Services.

Startup & Marketing Strategies

Our experts give you the best legal advice for your startup and marketing. We can make a detailed plan on how you can start a business and spread its awareness.

Company Registration

Not only making a plan for your business, but we also help you to incorporate it. We can assist you to register your company to start the new adventure.

Tax Planning & Returns

We can assist you on how can you handle your tax payments and returns by developing an efficient plan.

GST Registration

You just need to focus on your startup. We can help you to get your GST number as soon as possible.

Liability Protection

We provide you with a liability insurance plan to protect you from all types of potential damages.

Partnership & Merger Agreements

We can draft clear and beneficial terms and conditions for your partnership and merger agreements.

Banking & Financial Matters

We have skilled lawyers in the baking and finance fields. They can help you with all types of finance-related legal matters.

Websites & Application Related Matters

Our experts can come up with safe users’ terms and conditions to protect your website and application usage.

Labor & Recruitment Matters

We also assist in recruitment matters by providing defendable labor or employees contracts.

Patent & Trademarks Protection

Our IP professionals can assist you to protect your brand and products.
We have a team of qualified business lawyers. They can help you to start a new business in every way possible. We make sure that your business runs smoothly without any legal hurdles by cooperating with all local law requirements.
Why you should use us

High Success rate

We try our best to assist you with all your legal needs. We provide the best legal solutions for your startup.

Experienced Team

Our team is comprised of senior-level lawyers and attorneys. They can assist you with law and consultancy.

Client’s Satisfaction

Our priority is quality, not quantity that’s why we provide our undivided attention to each client.

24/7 Availability

Our legal team is available 24/7 to help you with your concerns and queries.
Our team provides full legal support starting from legal registrations to each step of business legal operations. We also provide a solid practical solution that can help our clients. If you need startup legal consultancy, we can assist you in any aspect to fulfill your legal needs. You can contact us at any time.
Email: info@abidassociates.com

Startup Legal Consultancy Services

$650

FAQs

Do I need a business license?
It depends on your state’s regulations. You need to contact your state’s Office of the Secretary of State to check if you need a business license or not. You can also check the information on their website.
Can I use personal assets for my business?
It’s tempting to use your assets to pay for your day-to-day business operations but if you use your assets, they may be liable to creditors and courts in the future. Consult a lawyer to find a better way to transfer funds.
Other than licensing, your business needs to fulfill certain requirements of the law. For example, if you are starting a business to sell homemade food then you must have your kitchen inspected by the food safety department or else it can be shut down. You can consult with an experienced lawyer to ensure legal compliance.
Have I selected the correct business structure?
Business entities have four basic types:
  • Sole Proprietorships
  • Partnerships
  • Limited Liability Companies
  • Corporations
Each entity has its advantages. Incorporating in either entity will give you liability protection. You need to consider what tax status would be better for your business. If you don’t know what to select, you can consult with a public accountant.
Partnerships are different from incorporation. You don’t need to file any documentation to form a partnership but drafting a legal partnership agreement to define the partnership is a good option. You can consult with a lawyer to examine your agreement to protect yourself from any disputes in the future.
How do I pay myself in my own business?
It’s dangerous to simply take your payment from your business’s account, always pay yourself with a check written to avoid any legal problem.
Am I better off buying a franchise or starting a new company?
It largely depends on the amount of capital that you have. If money is not an issue and you want to start a business in the market where there is already a recognized franchise then getting a license for that franchise would be a better option.
What are the most common forms of early-stage financings, and which should I use?
Following are some common forms of financing:
  • Convertible Debt
  • SAFEs
  • KISSes
Most financing is done through convertible debt in which the investor provides a loan to the company that automatically converts into equity in the future. SAFEs and KISSes are non-debt equity instruments with a deferred valuation.
How much should I capitalize on my business at the beginning?
You can capitalize as much as you can afford or an amount that can keep you going for at least 6 months without any income. It always takes time to get revenues.
How likely will it be that I can get venture capital financing?
Very unlikely. You can start your business by getting financial help from family, friends, or private investors. You need to get the following things done before considering getting venture financing:
  • Get a product made
  • Gain traction
  • Hire a good management team
How much dilution in share ownership of my company should I give up to investors in my business?
Ideally 5 to 10% of the equity or whatever amount you need to get funding. Avoid over- optimizing the ownership.
What are the biggest challenges to starting a business?
Some challenges are:
  • Capital Shortage
  • Coming up with a good Business plan
  • Working more than expected
  • Getting through the frustrations
  • Hiring a good team
  • Time management
  • Maintaining professional and personal life balance
How can I protect my great idea?
You can get a patent for your idea. You can also get protection through copyrights, trade secrets, and non-disclosure agreements.
What kind of books and records do I need to keep for my business?
Following are some important records that you should keep:
  • Financial Statements
  • Employee Records
  • Secretary Of State Filings
  • Contracts & Agreements
  • Board Meetings Minutes & Consents
  • Stock Ledger
  • Invoices
  • Bank Accounts Data
  • Tax Records
  • Creditor Records
What kind of insurance does my business need?
Consider the following:
  • General Liability Insurance
  • Professional Liability Insurance
  • Product Liability Insurance
  • Property Insurance
  • Directors & Officers Insurance
  • Health Insurance For Employees
  • Auto Insurance
  • Cybersecurity Insurance
Do I need a lawyer to start a business?
No, if you are starting a simple business. However, if you need to form a corporation or partnership then you should consult with an experienced business lawyer.