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Posts by Claire Kalia

California introduces new “hybrid” corporations

By:
Claire Kalia
On January 1, 2012, California introduced two new corporate forms: the “flexible purpose” corporation and the “benefit” corporation.  Both forms are designed to encompass businesses that operate for profit but also have social objectives. California is the first state in…
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How to dissolve your company

By:
Claire Kalia
With the end of the year quickly approaching, it’s a good time to tie up loose ends.  If you have a corporation, partnership or LLC that you are no longer interested in maintaining, you may want to consider winding it…
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What exactly is a franchise?

By:
Claire Kalia
Kalia Law P.C. has been getting a lot of questions about franchises recently, so we figured a summary might be useful.  A franchise is a business arrangement where the owner, or franchisor, sells the some of the business rights – often including the name,…
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Three Tips for Hiring and Firing

By:
Claire Kalia
Whether you are currently employing people, or are considering hiring people in the future, it’s crucial to stay one step ahead of employment laws. (To read more about hiring an employee, please visit this post.) Employment law issues are one of the…
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The American Jobs Act and small businesses

By:
Claire Kalia
The American Jobs Act, which is currently being considered by Congress, proposes several important tax changes that would affect startups and small businesses.  Some of the most notable aspects of the Act for small businesses are: 1) a proposal to cut the payroll tax in half the…
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How to split your startup’s equity

By:
Claire Kalia
When it comes to splitting the company, equal is not always equitable. Do you and your co-founder have a 50-50 (or 33-33-33) equity split?  If so, it’s probably for two reasons: one, it’s simpler, and two, you may believe, as…
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Are Incentive Stock Options really all that?

By:
Claire Kalia
Everyone who works at a startup wants their stock options, and they want the good kind – incentive stock options (ISOs).  Why?  ISOs offer two distinct tax advantages over their less popular sibling, nonstatutory stock options (NSOs).  First, the taxable…
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Founders’ Agreements

By:
Claire Kalia
Founders’ Agreements are contracts between co-founders of a startup, setting forth the co-founders’ agreement on important issues relating to the venture.  You can put whatever you want in a Founders’ Agreement but the most common issues covered are: equity splits…
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Websites and copyright law

By:
Claire Kalia
If you have a website, even for personal or recreational use, you should consider copyright issues.  As a general rule, the copyright in a work is owned by its creator, so if you are publishing anything on your site – photos, videos,…
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RSUs decoded

By:
Claire Kalia
Have you been offered RSUs or heard talk about them, and are wondering how they work?  If so, read on. RSU stands for Restricted Stock Unit, and RSUs are basically a promise by an employer to grant a set number of shares of the company to…
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Trademark Basics

By:
Claire Kalia
If you have a logo, slogan or company name, word or phrase that identifies your goods or services, you may want to consider getting trademark protection for it (learn more about trademarking your business name here).  The good news is that if you’ve been…
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About Claire

Claire founded Kalia Law P.C. in 2012 to provide high-quality legal assistance to startups and small business owners. Her extensive experience and commitment to business law can help you achieve your goals of business success.

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