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Posts published in “Business Law”

Exchange bitcoin to different currencies

For cryptocurrency beginners, the single most common aspects they want to know is how to withdraw Bitcoin or exchange from Bitcoins to fiat currency (USD, INR, CAD, EUR, Etc). It is just natural as BTC has grown in value over time, so when it rise in its value, the clear question of knowing your profits also come in.

For knowing the profits you need to sell BTC in cash as acceptable in your native countries. There are a few methods to convert BTC into USD, CAD, EUR, INR, or even GBP, (more…)

How a temp agency can help you find the temporary employees

Sometimes a company in Phoenix needs to employ persons on a temporary basis. For that reason, they may just need to employ this individual for a week, a few weeks, a month, or even a few months. It will cost you large amounts to hire and train only one employee, so the business can certainly save a substantial amount of money when they turn into a temporary staffing agency.

You will find businesses in Phoenix remaining strong throughout the economic downturn and they are looking for short-term help to assist them to handle their daily tasks in the office. They might not want to proceed through the problem with hiring an employee independently, so they just need a help from a temp agency to find a suitable temporary staff. (more…)

What You Should know about New Export Control Laws

The export of any item to a foreign country comes within the purview of export control regulations.  The word item indicates not only commodities but also services and technologies.  The export administrative regulations are meant to impose restrictions on the export of items to a person in a foreign country so as to maintain the safety and security and also the economic system prevailing in the country.   Without these regulations it would become difficult to control the business community in this era of internet and other communication processes.  (more…)

Hiring a Business Attorney Can Save Your Business a Lot of Headache

Two key resources that every business, big or small, needs early on, is an accountant and an attorney. An accountant is obviously the person who will help keep your finances in order, and as money is the primary reason most businesses are formed, it makes all the sense in the world ensure that a businesses finances are in order

So from setting up your accounting software, to keeping track of all your business financial statements, to collecting information that is necessary for state, federal, and local tax returns and much more.

An attorney on the other hand is somewhat of an entirely different proposition. So while an accountant is perhaps someone who will practically be needed in the everyday running of the business, to keep track of all cash inflows and outflows as has been previously stated, a lawyer on the other hand will very often not be needed in the same frequency. There are however very critical times in the business when a business attorney absolutely must be involved in your business. (more…)

The Legality of Bitcoin

It is perfectly normal to have questions regarding the legality of using Bitcoin. The system created a completely new paradigm apart from the conventional regulators and set of laws that control fiat currency. Not like illegal, deceitful money, which is an obvious instance of a “currency” that misrepresents of itself as lawful tender, Bitcoin is totally different. However, it works in a relatively gray area with regards to regulation. Nevertheless, some of these matters break down to misunderstandings or even deficiencies in real rules that control Bitcoin , instead of overt violations of the current law. (more…)