Many laws unique to Santa Clara affect local businesses. A business entity operating within Santa Clara must ensure that it complies with all applicable local laws. There may be leases and permits that are required for a business to legally transact in the local area. There are also unique considerations in Santa Clara concerning how to structure your business.
Business Transactions in Santa Clara
In contracting with consumers and local companies, knowledge of the local business laws in Santa Clara is essential. A contract provides predictability for future transactions, and it helps in avoiding business disputes. However, it must be drafted in compliance with Santa Clara and California law. Under Santa Clara law, a contract must have specific qualities in order to achieve the intended legal effect. Unique language terms is an aspect of contract law, and this may make the interpretation of some documents difficult. Parties to contracts also sometimes breach their contractual duties. In Santa Clara, breaches of contract are often settled in the local court.
Business Structure in Santa Clara
Businesses opening in Santa Clara have various business structures available to them. You will want to know about Sole Proprietorships, Partnerships, Corporations and LLC's to determine how to form the company. Determining which of these structures is right for your business can be challenging, since each one has its own advantages and disadvantages in Santa Clara. Also, if you wish to dissolve a business, local law must be followed. The assistance of a lawyer practicing in Santa Clara can be valuable in this process.