Numerous laws unique to Athens affect local businesses. A business entity operating within Athens must ensure that it complies with all applicable local laws. For a business to legally transact, it might need to obtain leases or permits for the local area. Businesses in Athens also have unique factors to consider about how the company should be structured.
Business Transactions in Athens
A business must be aware of local business laws in Athens in order to contract with individuals and local companies. A contract can help you to avoid business disputes in the future, as well as provide reliability for future operations, however it must be drafted according to Athens and Georgia law. In Athens, a valid contract must meet several requisites. If they do not, the document may be found to have no legal effect. Furthermore, contract law has its own unique language that may be difficult to interpret. Parties to contracts also occasionally breach their contractual duties. In Athens, breaches of contract are often settled in the local court.
Business Structure in Athens
If you are opening a business in Athens, you will want to know about the business structures that are available under local law. You might want to organize as a Sole Proprietorship, a Partnership, a Corporation or an LLC. Deciding which of these structures is right for your business can be difficult, since each one has its own advantages and disadvantages in Athens. If you should need to dissolve a business, local law must also be followed. Business law lawyers practicing in Athens can help you.