legal steps into silicon valley
DESCRIPTION
Presentation on the legal aspects for foreign start-ups establishing themselves in Silicon Valley. This was part of a seminar on "How to take the first steps into Silicon Valley", organized by Confindustria and the Italian Consulate in San Francisco.TRANSCRIPT
© 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 1
Antonio Valla
How to Take the First Steps into Silicon Valley
2013 Valla & Associates, Inc., P.C www.vallalaw.com 2
November 6,2013
Legal Aspects – Corporate & Tax
Corporate formation and entity selection Mid and long-term view Fast and easy to form and manage
Tax planning Relatively low importance in the early
stages Tax rates are low, and fundamental tax
concepts are easy to understand
© 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 3
Legal Aspects - Contracts Freedom to Contract
is Pervasive You get what you
negotiate, not what you deserve
Statutory framework is limited, and generic
© 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 4
Legal Aspects – Contracts Cont.
Freedom to Contract is Pervasive Common law adds a degree of uncertainty
to commercial relationships SO:
READ IT!! The contract language is fundamental for a correct management of investment and commercial risks
© 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 5
Legal Aspects – Employment Laws
This is the West Coast and not the Far West
HR management is fundamental to growth, and requires an understanding of the rules of the game
© 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 6
Legal Aspects – Employment Laws Cont.
Highly-regulated area, and generally risky environment for employers
Start-ups are not immune
© 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 7
Thank you…
E buon lavoro!
Valla & Associates, Inc., P.C.California – New York
E-mail: [email protected]
Phone: +1 925 705 7623
www.vallalaw.com
© 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 8