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I'm going to talk from the perspective of a founder, not a lawyer. I also live in California and your state laws might defer. I think if you are putting hours into your startup, you are also an 'employee' in addition to a founder. Your board (ie. your cofounders) can decide at any time that you...

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This is really a question for you NC tax preparer + NC attorney. There may be NC tax implications. Likely no legal implications. Only your local professionals will likely be up to complete speed about all this. Also I'd suggest you stick with H&R Block for your taxes, as they have an intense ...

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I've been where you're at *multiple* times. The advice I gave myself was to throw my arms up and just get a job and focus on being better at developing software, the act of coding, since thats what me/you are "passionate" about. If you want a business though, you have to first ask yourself, "Wh...

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You don't need a hotel license. You run your business as a lead generator and leverage the licenses this the owner already pays. The dues are already being paid for the rest of the units so you don't need to compensate the owner additionally for the licenses. You however are a contractor who simp...

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Hello! Actually that is a pretty standard clause and request. I happen to have that for one of my companies (services) and for convenience sake I originally reached out to my home owners insurance (Geico) in the US. They sourced a broker for me and I pay less than $2k a year but an added convenie...

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Hi The terms that you are describing our much more common in a founders/partnership agreement, and less common to an NDA. Either way, there are a few issues missing in the conditions that you described, 3 of the most important ones being (1) the waiver of Intellectual Property rights, (2) the se...

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Never get in business with people you want to buy out. Do not sign any agreement to give away such big chunk of your business unless you are 100% convinced they're the best people to work with. From your long description, it doesn't seem you believe they are trustworthy nor that they deliver the ...

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if you are interested in being a tour guide in the United States, you might be required to earn professional licensing, depending on which city or area you want to work in. If you plan on being a guide in any of the following cities, you will need to get licensed first: Washington, D.C. New York...

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On possible solution is to set up a joint venture company in Australia in which the US Co is a shareholder so you can maintain and parent subsidiary relationship and keep accounts separately as well. Let me know if you want to discuss further. Regards Umar

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Why do you need safeguards at this point? You should be figuring out if there is even a demand for this. We did this with the app we launched and didnt have any problems. Let me know if youd like to discuss more. You shouldnt be wasting money on legal fees at this point.

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