Commercial Transactions
Hsiang Law Group, PC. helps Clients launch their new businesses by preparing numerous agreements governing Client’s business transactions. Agreements which Hsiang Law Group, PC customarily draft include:
Independent Contractor Agreements
These Agreements are carefully structured to ensure that 1099 employees maintain as independent contractors from an employer’s tax liability and legal liability for the actions by the independent contractor.
Exclusive Agency Agreements
Granting one party exclusive agency rights is a powerful tool to motivate the agent’s best performance. These agreements need to carefully provide the terms and conditions governing the expectations and prohibited actions by both parties.
Finder’s Fee Agreements
Finder’s Fees are not always legal and often ambiguous. Nonetheless, a tightly structured Finder’s Fee Agreement will outline specific acts which all parties must adhere for the legal issuance of a Finder’s Fee under California and Federal Law.
Sweat Equity Agreements
Party with skills and special know-hows often contribute their services in exchange for equity interest in a business. These arrangements need to carefully account for immediately taxable treatment to the party contributing services. [Treas. Reg. § 1.721-1(b)(1)]
Power of Attorney
Power of Attorney is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter, sometimes against the wishes of the other. Based on the enumerated needs of the grantor, a Power of Attorney can be general or limited; durable or non-durable.
Contract for Services
Contract for Services is governed by a different set of laws because the Uniform Commercial Code does not apply. Considering that the quality of service performed is often hard to ascertain, such contracts must be carefully drafted to provide procedural rules for resolving disputes when the quality of services rendered is at issue.
Performance Based Service Agreemen
Some services are determined by its intended outcome. These agreements are structured to protect and ensure that a payment is due only upon the achievement of one of many predetermined outcomes
Business Plan
Business plans are always customized for its targeted audience. Contents of a business plan remitted to a bank for a business loan is remarkably different from a business plan submitted to investors for angel funding. Business Plans submitted for immigration purposes are also drastically different and must adhere to the requirements as enumerated in the Matter of Ho.