Today’s post is all about key Legal Documents for Online Entrepreneurs.
Which documents do you need to legally cover yourself before operating a website and running an online business? That’s exactly what I was asking myself when I set up my first ecommerce store www.PrivateSales.hk
Luckily, our friends at Dragon Law have helped us with the following information. Read Legal Documents for Online Entrepreneurs, Made Simple, below:
Depending on your business model, you’ll probably need some or all of the following documents:
- Website Privacy Policy
- Website Terms of Use
- Personal Data Privacy Policy Statement
- Terms and Conditions
- Trademark Assignment
- Website Design and Development Agreement
- Website Advertising Agreement
- Pre-release Software Terms of Use
- Employment Contract
- Confidentiality Agreement
- Founders’ Agreement
- Shareholders’ Agreement
- Supply of Services Agreement
Many startups, keen to cut costs (especially expensive hourly-rates from lawyers), skip over these at their own risk. Getting these legal documents sorted out at the beginning could save you a lot of heartache and larger costs later on.
The above isn’t a comprehensive list by any means. Your business will have unique risks, legal obligations, and potential liabilities.
And now for the good news:
Most of these legal documents for online entrepreneurs can be prepared without the help of an expensive lawyer. Dragon Law’s new online service can walk you through the preparation of your legal documents starting at HK$1,000/month.
I used their free service to create a Non Disclosure Agreement (NDA) recently, and was able to download a customised professional legal NDA within 10 minutes. I was very impressed!
It turns out legal protection doesn’t have to cost you an arm and a leg after all.
Cheers,
Damien
FREE eBook: Does the law matter?
P.S. For further reading, you might want to check out the free eBook “Does the law matter?” by Dragon Law.
About Dragon Law:
Dragon Law helps businesses of all sizes draft legal documents, get incorporated, register trade marks, open bank accounts, company secretarial services, obtain visas, and access legal advice when needed.
By leveraging technology and working hand in hand with several of the most reputable local and international law firms, Dragon Law provides an end-to-end solution to clients’ legal needs.
