Founders and investors in LLCs, C-Corporations, and partnerships must adhere to federal and state securities laws. These regulations require businesses to provide accurate and reliable information to ensure a fair market and protect against insider trading and fraud.
Non-compliance can result in significant consequences, including the potential need to repurchase all issued shares at their original price, even if the company has experienced financial losses.
Verify Required Licenses, Permits, and Registrations
Depending on your business type and location, you may need various licenses and permits from local, state, or federal authorities. These requirements can include:
Given the wide range of possible permits and licenses, thorough research is essential. Consult with your legal counsel to ensure you meet all legal requirements. Contact your city or county's business licensing agency for additional guidance on compliance in your area.
Want to print your doc? This is not the way.
Try clicking the ⋯ next to your doc name or using a keyboard shortcut (
Introduction