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3 Business Areas a Law Firm Can Help You With

3 Business Areas a Law Firm Can Help You With

Are you starting a new company? Do you need help with legal side of your business? Would you like a helping hand when it comes to the rule of law?

When you are an entrepreneur or in charge of setting up a business, there are times when the local legal regulations can be confusing. During these moments, wouldn’t it be wonderful to have someone knowledgeable about the law on your side?

The Firm

Starting or running a business involves a lot of dealings that require certain knowledge about the law. There are rules and regulations to follow, a lot of legal guidelines and procedures to take note of, and a hundred and one details that will land you in trouble if you don’t know how to read and interpret the fine print.

That is why in any business undertaking, it is ideal to have someone who knows the letters of the law. To be on the safe side of conducting business operations, it is essential to have an attorney or a legal counsel to guide you along and ensure that you dot all your I’s and cross all your T’s.

Here are different lawyer services that you can avail yourself of in your business transactions:

1. Regulatory Services

Any astute business owner or manager knows that regulation compliance is key to any successful business venture. Paying no heed to the law when it comes to doing business is not only unethical but also costly.

To avoid misinterpreting or altogether missing out on the crucial rules and regulations needed to run smooth business operations, it would be advisable to seek the expertise of professionals. Lawyers who are regulatory experts can efficiently navigate the ins and outs of business regulations both at the local and federal levels.

Whether it is in the field of product conformity and standards, corporate and commercial regulatory advice, licensing and permit applications, operational regulatory compliance, and the like, these lawyers of the highest caliber can certainly offer you crucial legal insight.

They can also draft and amend contracts and agreements, advise on matters of law, provide legal interpretation and guidance on the correct approach in securing regulatory compliance.

2. Corporate Structuring

It is also best to seek out the legal guidance of lawyers from top corporate law firms when you need to create your corporate structure.

Their in-depth knowledge of relevant laws and regulations, awareness of regional regulatory practices, and close professional connections with regulatory organizations, authorities, and ministries in the Middle East will be a vital factor in formulating your business structure.

Your chosen counsel can help you draft, review, and advise on nominee, shareholder agreements, and any other related documents required. They can also advise you on corporate laws and regulations that may include regulatory strategies and compliance.

Aside from these, there are other corporate restructuring and reorganization aspects that they can advise you on as well as provide guidance on the best legal course to take to achieve maximum operational efficiency.

3. Tax Services

Whether you are a family office, multinational organization, foreign corporation, private equity group, or any other regional business outfit, you would do well with the valuable insight that a law firm has regarding taxation laws and regulations.

If you are looking to invest or operate in the MENA region, make outbound investments, or conduct business activities on a global scale, you should be aware of the tax implications that govern such transactions.

Operating on a wide range of industries such as in the financial sector, investment management, media and entertainment, telecommunications, or consumer goods, these lawyers can provide services focused on specific tax areas.

Among the services they render include:

  • Advise on inbound tax
  • International tax structuring and planning
  • Tax on mergers and acquisitions
  • Value added tax
  • Tax disputes and litigation
  • Tax risk management

Law and Order

When you want to start out on the right foot, it would be best to know the legalities of putting up and running a business. This will prevent you from running into major headaches down the road as well as also give you protection from possible legal issues.

Make sure that you choose a law firm that will have your best interests in mind. It would be ideal if they have been in the business for years, as you will greatly benefit from their experience and expertise. It would be a definite plus if they have offices in as many jurisdictions and areas as possible as this gives them valuable local insight in to regional regulations.

From putting up your own company – corporate structure, employment and recruitment services, incorporation assistance – to the actual day-to-day business dealings that require legal input, you can be assured that these topnotch lawyers will be looking out for you.

With their dedication and guidance, you and your business will be able to safely navigate the legalities of starting a business.

 

Brian Brown
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