The role of specialized legal counsel encompasses a series of legal analyses and structuring of stages in the opening of a new business and aims to guide entrepreneurs in order to prevent short, medium, or long-term problems.  

Often, putting a new business into practice can be challenging, especially when there is no adequate strategic planning by the responsible entrepreneur. One of the major obstacles leading companies to close their doors is precisely the lack of management and legal and business advisory. 

According to the Brazilian Institute of Geography and Statistics (IBGE), about 60% of companies go bankrupt within the first five years. Therefore, planning and having legal assistance that provides the necessary support on a daily basis become indispensable elements to combat these impasses.  Talk to our lawyers. We are ready to help you enter the market or expand your market share in Brazil

Investing in this field can bring great opportunities 

Although popular, many entrepreneurs still are unfamiliar with the concept and overlook the relevance of legal assistance. Its role encompasses a series of legal analyses and structuring of legal and procedural steps in the opening of a new business and aims to guide entrepreneurs in order to prevent problems that can lead to high and unnecessary costs for businesses, regardless of the area. They occupy a prominent place and present versatility and effective solutions for businesses, in addition to foreseeing scenarios.  

The role of legal assistance is also linked to correcting possible irregularities in a company. However, other issues such as defining the rules in the articles of incorporation for opening a business or branches, drafting and implementing labor and human resources routines, among other activities, are also directly integrated into its scope of action, which seeks to mitigate risks and optimize results from a legal and tax perspective. 

Specialized legal assistance proposes to provide a long-term service, which can range from basic guidance for opening a company to more complex consultations for raising investment funds, mergers and acquisitions, tax planning, among others.  

The assistance continues to provide services to the client even after the completion of these structures and the resolution of possible problems, accompanying each stage of the installation of a new, more legalized form of entrepreneurship. 

Click here and read this article where we highlight the main reasons why legal assistance is important during the process of opening a new business.