Legal Constitution: Allows our project to be legally represented and to carry out the corresponding activities responsibly and without restrictions. The legal study attempts to determine the existence of a legal restriction on the realization of an investment in a project, which must be carried out in the early stages of formulation and preparation, since a highly profitable project may not be feasible by a legal norm. “We need to make the right legal decisions in a timely manner to ensure sustainable growth of our project,” says Cervantes. Tax regime: The applicable tax laws, the tax implications caused by the implementation of the project and the taxes to be covered (national, provincial and municipal) must be taken into account. In this way, the development of the legal study of a project is crucial, as it provides us with lasting information about the rules and laws that govern the activities to be carried out in it. Otherwise, regardless of the profitability of the project in terms of economic part, if it does not consist of a legal framework, it will not be possible to carry it out. However, its definition and invoicing in the project structure will make it possible to know the scope and limits in terms of natural characteristics of the project. “We define legal risk as the likelihood of loss or lack of revenue due to the company`s failure to comply with applicable legislation,” he says. When carrying out a project, it is necessary to establish appropriate procedures for the preparation and appropriate evaluation, which will allow us to analyze its profitability and impact in relation to the needs you want to satisfy.
In this way, it must be protected by copyright, which has two types of sub-rights: moral (for those who develop the work or technology) and patrimonial (for those who receive the economic benefits of using a particular project). Patents and trademarks: they protect the project`s investments and transform them into intangible assets to ensure ownership. Secondly, you have to have a contract so that whoever carries out your technological development knows that the economic rights belong to you so that you can use them,” explains the expert. In most cases, the entrepreneur focuses on the formation of the company from a business point of view, concerned with its core business and the achievement of its objectives; and is usually unaware of what is related to the legal aspects of the business. However, these can also prove crucial for the creation of your business and its subsequent success. It is true that you cannot waste your time in the existing regulatory maze, but you need to know the most important legal aspects that affect the design and development of your business project. Like the classic Latin expression: ignorantia juris non excusat, ignorance does not escape the fulfillment of the law. “Go with them, suggest your business idea so you can check the legal feasibility, which means your idea doesn`t fall into legal nooks and crannies or risky activities,” he says. Once you have made your decision, you will know the legal context of employment and/or partnership contracts. It is therefore important to take due account of the legal aspects before the implementation of the other studies progresses and there are high costs in terms of resources and preparation time, since, as mentioned above, the legal aspects can limit the course of the project. “First of all, you have to take into account that this aspect allows you that the person developing the technology does not share your business idea with someone else.
EXATEC José Barquet, founder of CBR Asesoría Legal, and Jorge Cervantes, founding partner of GRC Legal, agree that new entrepreneurs or SMEs tend to ban the legal part. Licenses and permits: Refers to the permits required for the execution and operation of the project, taking into account the natural characteristics of the project, such as the place of operation, activities, etc. “On the other hand, if you decide to work as a legal entity, the second mandatory question is: `What is the ideal type of business for my business, which one is best for me? Ask Cervantes. On the other hand, and in accordance with what has been described above, the law firm with great weight influences the results of the economic profitability of the project, its organizational structure and its future operation. For this reason, it is important to correctly identify and analyze the standards that affect economic outcomes. The Official Master in Entrepreneurship and Business Creation of the Carlos III University of Madrid is aware of the business reality and challenges of entrepreneurs and offers a multidisciplinary training that provides its students with the most important tools and knowledge to successfully and responsibly develop a new business project. Thus, with the business knowledge for the development of the company, the necessary knowledge is offered in a pragmatic and simple way, which allows the entrepreneur to have a clear and concrete vision of the basic legal and tax aspects to which he must pay attention in his entrepreneurial adventure. To do this, the Master has experienced professors of recognized prestige in each of the subjects – business, work, taxes, administration – who can successfully influence the configuration and development of the company. This ensures that students are aware of the legal aspects relevant to their business. The answer is that there are restrictions on the establishment of regulations and laws according to the legal system of each country, which is established by its constitution, which establishes the different conditions that affect the investment, implementation and operation phase of the project.
Here are the most important aspects that need to be done: sapag, chain. “Preparation and evaluation of projects”, 5th edition. EXATEC informs you of the legal risks you need to avoid and saves you time and money. Legal planning must be taken into account when developing the business model, advises the specialist. “It`s always better to prevent than to react in terms of cost, time and wear and tear for your project,” concludes Cervantes. You`ve gone from a business idea to a business and now you want to consolidate it: you need to consider what legal aspects can take your business to the next level, experts say. It is important that each entrepreneur is aware of the most appropriate legal form for his business activity, that he must regulate his situation with social security, whether he has employees and a work center or not; You also need to know exactly what your tax obligations are (both in terms of income from the activity and consumption of the company); as well as knowledge of the regulations you need to pay attention to, both those specific to business activity and other general types – such as data protection or occupational risk prevention.