Legal to-do list
Legal Checklist
FOR STARTUP, TECH FIRM & VC

You can do your own research with the legal to-do list to make your startup, tech company, or investment fund a success.

This list includes both the legal and regulatory requirements and the things you need to get done to protect your performance and gain an edge.

Please select one of the boxes or categories below that suits you best. Any questions, if any, do not hesitate to free lawtalk with us.

Modern Startup
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Legal Checklist

To-do-list

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Start

Own an IP

Hire people

Sales & Marketing

Go online

Funding

Corporate management

Exit

 

Start a startup

Starting a startup is not just about registering a business. It's just a very small and simple thing when you get started. In fact, you have a lot of legal work to do to get off to a sound and wiser start. This helps you establish a solid legal structure, which is beneficial for the development of the startup later. It also helps you avoid disputes and conflicts with co-founders (co-founders), angel investors, advisors (advisors), mentors and others. your labor. The right legal structure will help you protect your startup's achievements, overcome disadvantages from unreasonable share allocation as well as unfortunate legal violations.

 

StartupLAW's advice for you is:

Do it right from the start! Do it right! ®

Get advice from a startup attorney for your startup plan and complete the legal to-dos as we recommend right here.

  • Legal consultation to start a startup

  • Signing the Co-Founder Agreement

  • Determining the Share Allocation Strategy

  • Determine Share Ownership Ratio for Co-Founders

  • Register a company

  • Complete post-registration procedures

  • Issuing the company's charter

  • Sign the Mentor Agreement

  • Signing the Advisory Agreement

  • Sign Confidentiality Agreement

  • Sign a Non-Competition Agreement

  • Apply for an investment license for foreign co-founders

  • Sign a contract to participate in the incubator, accelerator program

 

Intellectual Property

The intellectual property created during the startup process is often the most valuable asset and has the ability to determine the success of a startup. That asset can be a technology product, an invention, a reputable brand name, a beautiful domain name, customer or market data, and other trade secrets.

Because it is an intangible asset, the ownership, use and disposition of intellectual property is very different from that of ordinary property. Therefore, you need to understand the intellectual property regulations that apply to your startup. Know how to do it right, to avoid loss of ownership, to avoid copying, theft of intellectual property, or to investing in property where you are not entitled to own it.

You also need to note, investors are very interested in how you have protected your intellectual property rights. It is difficult for investors to accept investment in a startup where even the most valuable assets are not properly protected and managed.

Our advice for you:

Take the highest level of care for the intellectual property, intellectual property rights of your startup. Take measures to establish and protect intellectual property rights and carry out the necessary legal proceedings as soon as possible.

  • Consultancy on IP Law for startups

  • Sign Intellectual Property Rights Agreement

  • Sign the Personal Image Copyright Agreement

  • Declare Domain Owner

  • Issuing Policy on Intellectual Property Rights

  • Software Copyright Registration (web/app/creative work)

  • Register for Exclusive Trademark Protection in Vietnam/globally

  • Patent Registration

  • Sign the License Agreement

  • Sign Technology Transfer Contract

  • Register for technology transfer

 

Hire  People

In most countries, labor costs are already too high. Particularly, deductions for payment of taxes, insurance and fees from employees' salaries accounted for 40% of the cost of human resources.

With the concept that workers are "weaker parties", legal regulations will often protect workers more. Since then, compliance with legal regulations related to labor and social insurance is too complicated and easily leads to the risk of startups being fined and sued. For example, the termination of employment contracts, dismissal is very complicated and easily leads to the risk of losing a lawsuit for the startup even though the reason for dismissal is very clear and precise.  In addition, issues of security breaches and unfair competition for startups by laid-off employees are common.

StartupLAW's advice for you:

Set up a clear, simple and strict labor law compliance structure. Optimizing labor costs based on the law and working efficiency of employees. Establish a legal corridor with employees with appropriate policies to transform the "employee" relationship into a "cooperation" and "contributing" relationship.

  • Advice on how to optimize labor costs

  • Sign a labor contract

  • Promulgating ESOP Program/Policy

  • Signing the Agreement on the Right to Buy Shares for Employees

  • Promulgating Labor Policy and Regulations

  • Register for Social Insurance

  • Register for PIT Number

  • Apply for a Work Permit for Foreigners

  • Apply for a temporary residence card for co-founders, foreign workers

  • Termination of labor contract

  • Finalization of Personal Income Tax

  • Procedures for Refund of personal income tax

Sales & Marketing

To be confident, ready to cooperate with major partners and maintain continuous sales, you need to ensure that your products when put on the market have met the conditions, standards and legal procedures. for products/services and for sales channels.

To protect cash flow and avoid disputes with customers, users need to pay attention to the terms and conditions of the product, as well as the terms of the contract.

 

Our advice for you:

Sales and service provision is a central activity of a startup. Make sure you have a legal basis for your products, sales and collection processes to maintain and increase revenue.

  • Legal advice for products/services

  • Software Development Contract

  • Software Service Contracts (SAAS)

  • Issue Terms of Use (website, app, SAAS)

  • Standard Sales Contract

  • Standard Service Contract

  • Notifications, registration for promotions

  • Announcement and registration of product quality

  • Contracts, agency policies

  • Business Cooperation Contract

  • Product Processing Contract

  • Recover public debts

 

Go  online

The internet environment is considered a free place for talents to develop and contribute. More and more regulations have been issued to govern online business activities.

To avoid the risk of being banned or penalized, you should consult an online business/technology lawyer to help you understand the legal work that needs to be done and the regulations to follow. In addition, the terms of use of your product and technology also need to be designed and drafted specifically for your product, instead of copied from elsewhere. This is to ensure that: you can handle complaints and unwanted actions from customers, users and government agencies well.

StartupLAW's advice for you:

Check out our to-do list right here, book a free lawtalk appointment with us for a legal compliance plan specific to your internet business.

  • Consultancy on Compliance with Cybersecurity Law

  • Online business legal consultation

  • Complete the procedure for notifying the website/app for sale

  • Complete the Registration Procedure for e-commerce website/app

  • Issuing Privacy Policy

  • Issuing GDPR . Privacy Policy

  • Issuing Terms & Conditions of Online Product Use (SAAS)

  • Issue Terms & Conditions of Use  e-commerce website/app

  • Promulgating Regulations on E-Commerce Floors

  • Apply for Social Network License

 

FundRaising

It is an important transaction, but many startups focus only on the amount of investment and disbursement time, forgetting that the investment terms are the factors to help you have a successful fundraising deal or not. Without a full understanding of the investment deal, you can completely enter an investment deal with terms that are detrimental to the startup as well as your controlling government.

Understanding the capital mechanism, the investment process in a startup, the ways that investors decide on an investment deal as well as investment management will help you be proactive in the process of raising capital and negotiating capital. Before that, a suitable share allocation plan also helps your startup to have a growth strategy as expected.

And yet, the investor/shareholder relationship is a special and different from all your previous relationships. Maintaining a good relationship with investors will help you avoid unfortunate failures for your startup or for your own startup leadership role.

StartupLAW's advice for you:

You need to understand what you are and will do. Raising capital is not difficult, but finding a suitable investor is more to do.

  • Legal consultation to receive investment capital

  • Determining the Share Allocation Strategy

  • Sign the Agreement of the Right to Buy Shares

  • Issuing the ESOP . Program

  • Conduct a Financial Readiness Review (proactive due diligence)

  • Carrying out Legal Due Diligence

  • Join the Transaction to receive investment capital

  • Sign Investment Terms

  • Sign Contract Register to buy shares

  • Sign the convertible loan contract

  • Signing the SAFE Agreement

  • Signing the KISS . Agreement

  • Sign a loan contract

  • Establish relationship with parent company abroad

  • Procedures for notification of loans from abroad

  • Consult on cash flow issues between companies

  • Tax optimization consulting for companies in the system

 
 

Company Administration

Running a company is usually not the forte of technically inclined founders. There are so many things that need you to get done and motivated. Complying with the law in the day-to-day operations of the company and maintaining legitimacy in relations with partners requires that you take serious time and care enough before it becomes an incident. juridical. That, if it happens, could result in damages that could amount to a lot of money.

You should also consider "working hard" with "taking advantage of" the legal advantages available to you to fuel your startup's growth in a competitive market.

StartupLAW's advice for you:

Include legal documents, written agreements, regulations into the daily activities of the startup on a regular basis. Get in the habit of consulting an attorney for any decision you make. This is a great way to protect your startup. Thereby avoiding potential conflicts and risks.

  • Signing the Shareholder Agreement

  • Editing the company's charter

  • Apply Software Production Tax Incentive

  • Apply tax incentives for technology applications

  • Procedures for applying for foreign investment approval

  • Procedures to increase charter capital

  • Procedures for changing business lines

  • Legal advice on company management

  • Control Compliance with company law

  • Issuing the Law Compliance Process

  • Apply for the Certificate of Science and Technology Enterprise.

  • Conduct a meeting of the Board of Directors

  • Dispute resolution of shareholders/investors

 

Exit your startup

It could be a decision to stop the startup journey to reap a profit from the transfer of your shares. It could be a decision to pause or stop your startup's activities in preparation for a new adventure. Whatever the circumstances, as a founder and executive, you always have options and you need to consider each of your choices.

 

Our advice for you:

We are still ready to accompany you for the smartest and least expensive decision!

  • Consult the plan to close the company

  • Approving the decision/plan to close the company

  • Sale/transfer of intellectual property

  • Sale/transfer of shares

  • Join the deal M&A company mergers and acquisitions

  • Procedures for Suspension of Business

  • Procedures for dissolution of the company

  • Company Bankruptcy Procedures

  • Consulting, dispute resolution, disagreement.

 

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