When an investor commits to funding the company, he enters into a Share Subscription and Shareholders Agreement with the founders and the company.
How do you connect the company in USA & India? Transfer pricing between the two companies?
When a business raises investment in seed, angel or VC then would need you to sign a term sheet. In this episode of eLagaan Whiteboard Friday, the eLagaan team explains the importance of term sheet and how to deal with it.
Your webapp/site needs to have a strong and user friendly Terms Of Services. Some of the things that a TOS covers are: 1. License to us website, 2. Acceptable use, 3. Terms & Conditions, 4. Restriction (e.g. age, gender etc) etc.
The key to smoothly letting go of an employee is to start right in the beginning when you are hiring someone. Make sure that a proper offer letter is drafted & terms are clearly defined while hiring.
Equity sharing with employees is proving to be a great tool for both employers & employees. In this episode of eLagaan Whiteboard Friday, the eLagaan team explains details about ESOP (Employee Stock Options Plans), also commonly know as stock options…
The video talks about the advantages of registering a Pvt. Ltd. Company can be a huge advantage over a sole proprietorship, general partnership or LLP. It talks about its limited liability, flexibility as well as broader brand recognition as some of the advantages.
You know when you can terminate the contract, but what exactly happens after termination of contract? Do any obligations of either party survive? What about the obligation to maintain confidentiality or to not solicit employees of the other party?
What happens to payment for unfinished works or possession of products which have already been imported for delivery? What happens to any third-party contracts that one party has entered into in reliance of the contract which is now being terminated?
Once you have hired your 1st employee, you need to start paying the employee a Salary or start their payroll. In this episode of eLagaan Whiteboard Friday, the eLagaan team explains what does it take to run a successful payroll management system in India.