In the world of startups, efficiency and agility are vital for success. As a founder, you're constantly on the lookout for tools that can simplify operations and save time and money. In this post, we explore a few tech tools that can help manage some of your day-to-day legal needs, helping you save your attention for growing your business and your legal budget for the issues that matter most.
Ownr: Simplifying Incorporation
Ownr is a platform that streamlines the process of incorporating a business in
Of course, Ownr is a tech tool and not a legal service. If you have questions about how your corporation should be structured to set you up for long term success, it's best you talk to a lawyer before incorporating (even if you then proceed to use a tool like Ownr).
Mantle: An alternative to
As an alternative to
Deel: International Hiring Without the Hassle
In today's global market, talent can come from anywhere. Deel empowers startups to hire employees and contractors from across the world with ease by acting as an employer of record. It helps take care of compliance with local labor laws, tax forms, and payment methods, and can automate contracts, tax forms, and payments in over 150 currencies. For startups looking to build a diverse and global team, Deel can be an indispensable tool.
While Deel does help simplify the process of hiring workers internationally, there are limitations involved with using employers of record that should be discussed with your legal counsel.
409ai: Getting Smart with Stock Option Compliance
Stock options are a common incentive used by startups, but they come with their own set of compliance challenges. 409ai is an AI-powered platform that simplifies the valuation of stock options for private companies in accordance with section 409A of the United States Internal Revenue Code. A 409A valuation helps reduce potential compliance and tax issues for startups when offering stock options. While 409As are a US concept, they are commonly used by Canadian startups to support the valuation used when issuing stock options.
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Each tool—Ownr,
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