"10 Things to Do (or Avoid) Legally in Early Stage" by Andreas Tuexen, German Lawyer
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By Andreas Tuexen, Partner at Luther Rechtsanwaltsgesellschaft You’re in the startup game or want to get into it. You know how to build great products & find your users. Maybe you even have a master’s in data analysis...But what about the legal stuff? Do you feel like you don’t have sufficient knowledge to understand the legal tipping points of launching your business? Then this workshop is definitely for you! Andreas Tuexen will introduce us to the basics of German legal practices when you’re early-stage: what you should focus on, what you should forget about Andreas has been a corporate lawyer for almost 15 years. He’s now Partner at Luther Rechtsanwaltsgesellschaft, a certified specialist in commercial & corporate law and a civil-law notary. He provides legal advice in particular to business founders and investors with regard to the incorporation, financing and their joining and leaving a company. So don’t have keep asking yourself how you’ll handle these crazy technical/legal topics...Get some tips! ⚔
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"10 Things to Do (or Avoid) Legally in Early Stage" by Andreas Tuexen, German Lawyer
- 1. Rechts- und Steuerberatung | www.luther-lawfirm.com 10 things to do (or avoid) legally early-stage Andreas Tüxen (Attorney-at-Law / Notary) Berlin, March 28, 2017 Guideline through the legal jungle TheFamily Meetups Berlin – Lunch Workshops
- 2. 5 things to avoid/skip early-stage 1. Structuring of the company set-up – keep it simple © Luther, 21.07.2017
- 3. 5 things to avoid/skip early-stage 2. Detailed articles of association – not necessary early-stage © Luther, 21.07.2017
- 4. 5 things to avoid/skip early-stage 3. Do not insist to have a NDA with every potential contractual partner © Luther, 21.07.2017
- 5. 5 things to avoid/skip early-stage 4. (Customer) Contracts – not too sophisticated © Luther, 21.07.2017
- 6. 5 things to avoid/skip early-stage 5. HR contracts – do not (try to) reinvent them © Luther, 21.07.2017
- 7. 5 things to do/deal with early-stage 1. Secure IP rights as soon as possible © Luther, 21.07.2017
- 8. 5 things to do/deal with early-stage 2. Prepare for the (next) financing round © Luther, 21.07.2017
- 9. 5 things to do/deal with early-stage 3. Be aware of the general legal framework of your business © Luther, 21.07.2017
- 10. 5 things to do/deal with early-stage 4. Take care of social security contributions for “freelancers” © Luther, 21.07.2017
- 11. 5 things to do/deal with early-stage 5. ESOP – Phantom stocks or direct participation in the company © Luther, 21.07.2017
- 12. Further remarks with regard to financing 1. (Seed or “Family and Friends”) Investments Avoid too small tickets in order to limit the related (administrative) efforts Private investments are often subject to multiple changes © Luther, 21.07.2017 2. Choice of investors/investment vehicles “Exotic” legal forms could slow down registration process Higher costs for getting proof of existence/representation
- 13. Q&A
- 14. Your Contact Andreas Tüxen Attorney-at-Law and Civil Law Notary Certified Specialist in Commercial & Corporate Law (Fachanwalt für Handels- und Gesellschaftsrecht) Partner Friedrichstraße 140 10117 Berlin Phone: +49 30 52133 16258 Email: Andreas.Tuexen@luther-lawfirm.com © Luther, 21.07.2017 14
- 15. Berlin Luther Rechtsanwaltsgesellschaft mbH Friedrichstraße 140 10117 Berlin Phone +49 30 52133 0 Fax +49 30 52133 110 berlin@luther-lawfirm.com Essen Luther Rechtsanwaltsgesellschaft mbH Gildehofstraße 1 45127 Essen Phone +49 201 9220 0 Fax +49 201 9220 110 essen@luther-lawfirm.com Hanover Luther Rechtsanwaltsgesellschaft mbH Berliner Allee 26 30175 Hannover Phone +49 511 5458 0 Fax +49 511 5458 110 hanover@luther-lawfirm.com Stuttgart Luther Rechtsanwaltsgesellschaft mbH Augustenstraße 7 70178 Stuttgart Phone +49 711 9338 0 Fax +49 711 9338 110 stuttgart@luther-lawfirm.com Cologne Luther Rechtsanwaltsgesellschaft mbH Anna-Schneider-Steig 22 50678 Cologne Phone +49 221 9937 0 Fax +49 221 9937 110 cologne@luther-lawfirm.com Frankfurt a. M. Luther Rechtsanwaltsgesellschaft mbH An der Welle 10 60322 Frankfurt a.M. Phone +49 69 27229 0 Fax +49 69 27229 110 frankfurt@luther-lawfirm.com Leipzig Luther Rechtsanwaltsgesellschaft mbH Grimmaische Straße 25 04109 Leipzig Phone +49 341 5299 0 Fax +49 341 5299 110 leipzig@luther-lawfirm.com Dusseldorf Luther Rechtsanwaltsgesellschaft mbH Graf-Adolf-Platz 15 40213 Düsseldorf Phone +49 211 5660 0 Fax +49 211 5660 110 dusseldorf@luther-lawfirm.com Hamburg Luther Rechtsanwaltsgesellschaft mbH Gänsemarkt 45 20354 Hamburg Phone +49 40 18067 0 Fax +49 40 18067 110 hamburg@luther-lawfirm.com Munich Luther Rechtsanwaltsgesellschaft mbH Karlstraße 10-12 80333 Munich Phone +49 89 23714 0 Fax +49 89 23714 110 munich@luther-lawfirm.com Our offices in Germany 15© Luther, 21.07.2017
- 16. Brussels Luther Rechtsanwaltsgesellschaft mbH Avenue Louise 326 1050 Brussels Phone +32 2 6277 760 Fax +32 2 6277 761 brussels@luther-lawfirm.com Luxembourg Luther Aerogolf Center, 1B, Heienhaff L-1736 Senningerberg Phone +352 27484 1 Fax +352 27484 690 luxembourg@luther-lawfirm.com Singapore Luther LLP 4 Battery Road #25-01 Bank of China Building Singapore 049908 Phone +65 6408 8000 Fax +65 6408 8001 singapore@luther-lawfirm.com London Luther Rechtsanwaltsgesellschaft mbH 7 Pilgrim Street London EC4V 6LB Phone +44 207 002 53 35 london@luther-lawfirm.com Shanghai Luther Law Offices 2/F AZIA Center 1233 Lujiazui Ring Road Shanghai Pudong New Area Shanghai 200120 Phone +86 21 5010 6580 Fax +86 21 5010 6590 shanghai@cn.luther-lawfirm.com Yangon Luther Law Firm Limited Uniteam Marine Office Building, Level 8, Unit #1 84 Pan Hlaing Street, Sanchaung Township Yangon 11111 Myanmar Phone + 95 1 500 021 Fax + 95 1 502 852 myanmar@luther-lawfirm.com Our international offices 16© Luther, 21.07.2017
- 17. The presentation does not constitute the provision of legal or tax advice. This must be effected individually, taking into account the circumstances of the case, and in accordance to our engagement letters. Dissemination, citation and duplication – also in extracts – of the content of the presentation for the purpose of passing-on to third parties is only permitted with prior agreement. The information given in this presentation is exclusively intended for the named event. The disclosure of this presentation shall only apply to the internal use of the addressee and texts or graphics compiled here, have been used within the scope of the presentation and do not fully document the event.
- 18. Legal and Tax Advice | www.luther-lawfirm.com