Corporate laws your business must know about

The tricky and challenging segments of corporate law can be learnt from
corporate lawyers Calgary. These lawyers are qualified, knowledgeable and
experienced with the various business laws and hence they can help you
figure out your legal compliance requirements and advise accordingly. Here
are a set of basic corporate laws you must know. The actual corporate laws
applicable to your business will depend on the nature of your business and
your geographic location.

Business Formation Laws

Business formation laws define the procedures, steps and processes
you need to adopt to form and operate a small business. The different
types of business entities are partnership, corporation, limited
liability company (LLC), and others.

Consumer Protection Laws

This set of laws refer to the group of federal as well as state laws
whose purpose is to protect the consumers against the
fraudulent practices of businesses, misleading advertisements
and assurances, faulty goods and services, and other losses and
disappointments the customers might suffer. Every business
entity is required to adhere to the consumer protection laws in
dealing with any existingor prospective customer.

Contract Laws

Contract laws provide the necessary guidelines to draft
the content of the contracts that a business might enter
with its clients or other businesses.

Employment Laws

These laws are in place to safeguard the interests of the
employees and protect their rights. Businesses must take care
to avoid any violations to these laws and must prevent
themselves from taking any measures or policies that can end
up discriminating against the employees on the basis of race,
color, gender and religion. The other laws that form part of
this segment intend to regulate the safety of workers at the
workplace and the various benefits the employers need to
provide the employees.

Environmental Laws

Environmental laws are relevant to those businesses that are engaged in
different kinds of manufacturing. These businesses are expected to abide by
various laws that are designed to protect the environment.

IP (Intellectual Property)
Laws

The objective of IP laws is to protect the intellectual property of
an individual or entity from any kind of unauthorized use,
misuse and abuse.

License and Permit Laws

This segment of law corresponds to the different licenses required for a
business to operate.

Zoning Laws

Zoning laws are meant to regulate the use of property that a given company
might lease or buy depending on the kind of business operated.

There are a large number of corporate laws. The rules,
regulations, protections and guidelines change between states and
countries. Laws can also be amended from time to time. Hence it
is a dire need for any business to get the assistance of an
accomplished corporate lawyer Calgary. The role of the lawyer in
the context of your business will help protect your business
defending it from several challenges and avoid any complications
that might arise while doing business. They have a big role to play
in ensuring that your business stays in compliance with the laws.