Several laws in Whatcom County affect local companies. If a business operates in the Whatcom County area, it must ensure that it complies with all applicable laws. There might be permits and leases for which you will need to apply so that the business can legally engage in transactions. Also, there are considerations in how to structure your business that are unique to Whatcom County.
Business Transactions in Whatcom County
In contracting with individuals and local companies, knowledge of the local business laws in Whatcom County is essential. Transacting on the basis of contracts makes these actions more predictable, serving to make future business disputes less likely. The best contracts are those drafted with local Whatcom County and Washington laws in mind. In Whatcom County, 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 challenging to interpret. A party might also find itself in breach of its contractual obligations. In Whatcom County, these disputes will likely be handled in the local court.
Business Structure in Whatcom County
For a business starting in Whatcom County, there are a some available business structures that you will want to know about. Sole Proprietorships, Partnerships, Corporations and LLC's are among the options. There are advantages and disadvantages of each of these business structures in Whatcom County, and you should be careful in deciding which one is best for your company. Also, if you wish to dissolve a business, local law must be followed. The assistance of a lawyer practicing in Whatcom County can be essential in this process.