Legal aspects in the creation of a company
Table of Contents
Legal aspects to consider when creating a commercial company
1. Choice of type of company
Before starting any legal process, it is important to define the type of company you want to create. The most common options are the limited company, the public limited company and the limited liability company.
2. Commercial registry
It is necessary to register the company in the corresponding Commercial Registry. To do so, the necessary documentation must be submitted and the procedures required by law must be carried out.
3. Licenses and permits
Depending on the type of business activity to be carried out, specific licenses and permits may be required. It is essential to take this aspect into account in order to operate legally.
4. Data protection
It is important to comply with the personal data protection regulations in force in the country where the company is located. It is necessary to ensure that the consent of customers for the processing of their personal data is obtained and that it is adequately protected.
5. Tax obligations
It is necessary to comply with the tax obligations established by current legislation. This includes paying taxes, issuing invoices and filing the corresponding tax returns.
6. Contracts and agreements
It is advisable to have clear and precise contracts and agreements in business relationships with suppliers, customers and employees. This way, you can avoid possible legal conflicts in the future.
7. Protection of intellectual property
If the company develops innovative products or services, it is important to protect intellectual property through patents, trademarks or copyrights. This helps to avoid plagiarism and unfair competition.
Frequent questions
What type of company is best suited for my business?
The choice of the type of company will depend on various factors, such as the size of the business, the liability of the partners and the need for share capital. It is advisable to consult with a legal advisor to make the best decision.
What procedures must I complete to obtain licenses and permits?
The procedures for obtaining licenses and permits vary depending on the type of business activity. It is advisable to research the specific requirements in the municipality or province where the company will be established.
What taxes do I have to pay as a commercial company?
Commercial companies must comply with various taxes, such as corporate tax, VAT, and withholdings from employees and suppliers. It is important to have a tax manager to comply with tax obligations correctly.
