Top 5% of Startup Lawyers in Gaithersburg, Maryland | UpCounsel

Gaithersburg Startup Attorneys & Lawyers

Steven Stark Startup Lawyer for Gaithersburg, MD

148 reviews

Seth Wiener Startup Lawyer for Gaithersburg, MD

362 reviews

Richard Gora Startup Lawyer for Gaithersburg, MD

128 reviews

Aaron Gillett Startup Lawyer for Gaithersburg, MD

Rocco Cozza Startup Lawyer for Gaithersburg, MD

2 reviews

Brent Buyse Startup Lawyer for Gaithersburg, MD

Audrey Kravets Startup Lawyer for Gaithersburg, MD

29 reviews

Jonathan Eisner Startup Lawyer for Gaithersburg, MD

Lara Slachta Startup Lawyer for Gaithersburg, MD

13 reviews

Miriam Ross, Esq. Startup Lawyer for Gaithersburg, MD

1 review

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Legal Services Offered by Our On-Demand Gaithersburg Startup Attorneys

On UpCounsel, you can find and connect with top-rated Gaithersburg startup attorneys & lawyers that provide a range of startup law services for startups and entrepreneurs that are starting a business. Any of the top-rated Gaithersburg startup lawyers you connect with will be available to help with a variety of your startup law related legal needs on-demand or on an ongoing basis in the city of Gaithersburg, MD.

From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Gaithersburg startup lawyers on UpCounsel can help you with a variety of specialized and general startup law related legal matters. No matter what type of startup law needs you have, you can easily hire an experienced Gaithersburg startup lawyer on UpCounsel to help you today.

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To start a business in Alaska, you will likely need a state business license. It is also possible that you will need to obtain additional local business licenses and/or permits, depending on your business’s type and location. Here’s a look at what you need to know about business licenses in Alaska.

Remember, it’s always a good idea to consult with an experienced business attorney or other expert if you have any questions or concerns about the business licensing process, or any other issues related to your business.

Before Applying for Your License

There are a number of issues to deal with before you will be ready to apply for your state business license:

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What are Incentive Stock Options?

Incentive stock options (ISOs) are a type of stock option typically given to key employees or management to purchase stock in the company and can result in a better tax treatment.

Incentive Stock Options vs. Nonqualified Stock Options

Other options that may be available to employees who are not considered key employees or upper management may be eligible for nonqualified stock options or NSOs.

Unlike NSOs, an ISO would be treated favorably for tax purposes. When an ISO is exercised, the employee need not claim the income. When they sell the stock, the gains are taxed as ordinary income rates rather than at capital gains rates. It is important to be aware that the tax benefits are lost if the employee who is entitled to ISOs sells the stock immediately; if they sell immediately they are treated the same way as an NSO.

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501(c)

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501(c): What is it?

501(c) is a section of the federal regulations which list the type of companies that can be exempt from paying taxes according to the Internal Revenue Service (IRS). These types of companies are referred to as 501(c)s.

Types of 501(c)s

There are 27 types of organizations that can file for 501(c) status. Many of these are not applicable to the average business. The organizations seeking tax exemptions are usually:

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Liquidation preference determines who gets first and how much when the company is liquidated, sold, or declares bankruptcy. Liquidation preference is associated with the preferred convertible stock. It explains how the proceeds are divided and shared.

For example, a holder of preferred stock has a liquidation preference equal to $30 million and the company is sold. Then the holder will get the first $30 million before the common stockholders receive any amounts.

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What is a DMCA Notice?

A DMCA notice informs a company, web host, search engine, or internet service provider that they are hosting or linking to material that infringes on a copyright. The party that receives the notice should take down the material in question as soon as possible. If the site owner doesn't comply, the ISP can forcibly remove the content.

You can send out a DMCA notice, not just for infringing material, but also for any indices, references, or pointers that lead to infringing material.

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