Lawyer for a Product IT Company: A Comprehensive Approach by Dextra Law

Product IT companies are a unique type of business with specific legal requirements. At Dextra Law, we fully understand the nuances of product companies and offer a comprehensive approach to solving legal issues, allowing you to focus on developing your product.

Legal Aspects of Establishing and Registering a Product IT Company

Setting up a product IT company is a crucial step that requires consideration of various legal nuances. We recommend choosing the optimal legal structure, such as an LLC, which provides business flexibility.

We also advise considering obtaining Diia City residency status, which offers favorable tax and regulatory conditions (Law of Ukraine No. 1667-IX on Diia City).

Intellectual Property Protection for Product IT Companies

Intellectual property is one of the most valuable assets of any product company. At Dextra Law, we ensure comprehensive protection of your rights by:

• Registering copyrights for software code, design, and algorithms.
• Registering trademarks.
• Drafting NDA (Non-Disclosure Agreements) and non-compete agreements with team members and partners.

Contract Management in Product IT Companies

We pay special attention to contract management, as well-drafted agreements help prevent numerous risks. In our practice, we meticulously draft:

• Licensing agreements with clients and partners.
• Intellectual property transfer agreements from company developers.
• Privacy policies and Terms of Use.

Personal Data Processing Compliance and GDPR

For product IT companies operating in the European market, we conduct a full GDPR compliance audit (EU Regulation No. 2016/679), which includes:

• Gap assessment of personal data processing procedures.
• Drafting all necessary documents (Privacy Policy, consent forms, cookie banners).
• Conducting GDPR training for company employees.

Tax Planning and Optimization for Product IT Companies

We conduct tax audits and determine the best jurisdictions for your product IT company, considering tax benefits and business advantages. Some of the most popular jurisdictions today include:

• Cyprus – a convenient jurisdiction for operating in Europe.
• Estonia – efficient for IT companies due to its e-residency system.
• USA (Delaware) – optimal for international projects and investment attraction.
• Ireland – beneficial for global IT companies.

If your business is focused on Ukraine, obtaining Diia City residency will provide significant tax optimization opportunities.

Software Licensing

Well-defined licensing terms are the foundation of successful product commercialization. In our practice, we:

• Help determine the necessary license types for your software (one-time, periodic, exclusive, non-exclusive, etc.).
• Develop end-user license agreements (EULAs).
• Protect your company from potential user claims.

Dispute Resolution and Risk Management

We focus on preventive risk management by structuring contracts to minimize dispute risks. In case of conflicts, we apply:

• Negotiations and mediation.
• Arbitration and legal dispute resolution mechanisms.

Legal Audit Before Attracting Investments

We frequently prepare companies for successful investment rounds. Investors typically review the following legal aspects:

• Intellectual property ownership and compliance.
• GDPR compliance and adherence to other international standards.
• Proper legal documentation.

Policies and Internal Documentation

To ensure stable operations, we develop the necessary internal policies, including:

• Privacy Policy.
• Terms of Use.
• Information Security Policy.

International Legal Consulting and Market Expansion

We have extensive experience in providing legal support for product companies expanding into international markets. Our team will help you:

• Adapt your product to the legal requirements of specific countries.
• Structure your business internationally, considering tax and legal specifics.

Why Do Product IT Companies Choose Dextra Law?

By choosing us, you receive:

• A comprehensive approach to legal support for product companies.
• In-depth knowledge of international and domestic IT law.
• A flexible and tailored approach for each client.

Contact us today and get your first consultation!

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