The CMS International Law Firm, together with Techukraine and Perkins Coie LLP, presented an information guide aimed at supporting Ukrainian technological startups in the world market. The manual contains practical recommendations and basic instructions for startups when evaluating new markets, including:
- Consideration of options for opening a representative office, creating a legal entity or purchasing other companies.
- Tips for financing, intellectual property management, taxation, data protection and regulatory issues.
- Legal advice for founders and executives on participation in meetings and negotiations.
Gaid covers the US markets, the United Kingdom and a number of Central and Eastern European countries, including Poland, the Czech Republic, Bulgaria, Hungary, Romania and others.
For example, Gaid highlights the key benefits of the Ukrainian startup on the US market, such as global access to a large client base, competitive and dynamic business environment and access to various sources of capital. The issues of formation of a legal entity in the United States, differences between C-corporations and LLC (LLC), branches and subsidiaries, incorporation and acquisition are considered in detail.
Hyde also includes specific practical steps such as registration of the company name and creation of a legal entity, document management and interaction with the state and regulatory bodies. In addition, he offers tips on hiring, taxation, entry into sectoral associations, granting, and reveals the features of fundraising in the United States.
