IT business faces legal challenges on an ongoing basis: choice of jurisdiction, international structuring,
joining Diya city, and the use of virtual assets.We are constantly following the trend and are ready to provide
up-to-date legal advice to IT companies online. Contact us for more details.
You can send all your requests by email: a@legalitgroup.com
Choice of jurisdiction for an IT company and international structuring.
A good rule is to register in the place where your clients will be. A local company for a local market is almost always a good option. On the other hand, if this is a start-up aimed at obtaining investment, it may be better to immediately pay attention to the conditional format of the C-corporation in Delaware. Outsourcing companies often choose Poland or Estonia and also use payment systems. Or maybe it is worth considering Ukraine as a jurisdiction for your company?
Joining Diya City
Should I join Diya City? What to prepare for and how will this legal regime affect the activities of an IT company? There are requirements, there are GIG contracts and tax amendments. Will joining Diya City be profitable in your case and at what cost will it be done? We will be happy to advise you on this matter.
Virtual assets, crypto and NFT
Hype is good, but you also have to comply with applicable laws. In Ukraine, the government is trying to regulate the crypto by the Law on virtual assets, in Canada with a bunch of AML regulations, and in Estonia, first of all, we are looking at the Money Laundering and Terrorist Financing Prevention Act. The logic is simple. Taking into account the mechanics of your project, we determine the legislation that is applied and draw conclusions about the possibility of implementing the project in a legal manner in a specific jurisdiction, and then we can proceed to the preparation of the relevant documents.
IT consulting experts
Andriy Zakaliuk
Senior IT lawyer
Tarasiuk Anton
Managing partner
Belymenko Oleksandra
Senior IT lawyer