As you set up worker cooperatives, an important step is choosing the right legal structure. Once you’ve made that decision, your next steps include registering your business, getting acquainted with the Corporate Transparency Act, and
Choosing the Right Legal Structure for Your Coop If you wish to start a cooperative business, it is important to choose the right legal structure for a number of reasons, including the application of employment
All immigrants regardless of legal status are able to earn a living as independent contractors, or start a business using an ITIN, EIN, or SSN. ITIN is an Individual Taxpayer Identification Number primarily used by
Accountability refers to the ability of an organization or person to follow through, to make sure everyone does what they say they are going to do. A “system of accountability” is a transparent set of
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Immigration and Employment Law Considerations for Cooperatives It is important for immigrant owned cooperatives, who have mixed status members, to understand how certain immigration and employment laws could impact folks without work authorization. The I-9
For cooperatives, getting loans from traditional lenders like banks can be challenging. It’s crucial to know the best practices when approaching traditional financing methods before approaching them for financial assistance. Preparation is a key step
Forming a cooperative provides a unique avenue for individuals to address their collective needs collaboratively, fostering a sense of community and shared success. Cooperatives, known for creating stable, fair-paying jobs, adopting environmentally sustainable practices, and
Securities law is highly complex and failure to comply with securities regulations may lead to civil and criminal sanctions. Consult an attorney before trying to raise money. Even asking a potential investor for money can
The information presented on Co-oplaw.org is largely based on California law and IS NOT LEGAL ADVICE.
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