Title

🎓 Training Activity 1: Legal Basics

Welcome!

This session will review two key decisions every startup has to make: company structure and type of entity 🏛️

You will learn how to decide the structure of the company in relation to the following:

  • Software vs. product company

  • Local vs. foreign company

  • Types of possible local entities (special focus on the offshore entity)

Types of possible foreign entities:

  • Shady jurisdiction (Bahamas, Panama, etc…)

  • Tax-efficient jurisdictions (UAE, Cyprus, Malta)

  • USA (C-Corp)

  • Other types (UK, LLP)

Let's get started!

🎬 Watch the video here

Explore some more...

Review the slides from the video here.

Apply your knowledge!

Use the attached Company Structure Worksheet to decide the right legal structure for your startup.

Leveraging your Universal Skills

While helping your team improve in this Team Development area, you can simultaneously be leveraging and enhancing your Universal Skills & Character Strengths. To do that, go to your Team Growth board to review your Universal Skills & Character Strengths results and priorities, and then see how you can adapt this team growth activity to also help you improve your individual skills.

Help Text Formula

Looking for help? Check out the Bloom Community Page. We love helping everyone grow!

Expert who developed the module

Alain Noujaim
Back to Module