Contracts, employment and management agreements, and shareholder arrangements often have financial, tax, or employer consequences. Practical brings together the relevant context from your administration, business structure, and payroll administration and coordinates your request with a specialized legal partner.
The partner handles the legal assessment and documentation. Practical monitors the alignment with the financial and tax arrangements within your file. If an attorney or notary is required, we will refer you to the appropriate authorized professional.
See how an entrepreneur experiences the collaboration with Practical when making decisions with financial and tax consequences. The video shows how figures, specialized expertise, and personal advice come together around the business.
Practical starts with your question, the background, and the desired completion date. We map out which financial, tax, or employer information is relevant and coordinate the intake with a specialized legal partner.
Before the process begins, you will receive clarity regarding the scope, responsibilities, working method, and expected costs. The costs depend, among other things, on the type of question, the complexity, the number of parties involved, and the desired timeframe.
The process in four steps
1. Question and context: Practical maps out your question and the relevant business context.
2. Legal assessment: The specialized legal partner determines which approach and documentation are appropriate.
3. Scope and costs: You receive clarity in advance regarding the activities, responsibilities, and expected costs.
4. Execution and follow-up.
The legal partner provides the legal content and documentation. Practical coordinates the alignment with your accounting, payroll administration, and tax situation where necessary.
Legal support is relevant when an agreement or business decision also has consequences for your company structure, shareholders, employees, or commercial relationships.
Consider financing or collaboration, the entry of a shareholder, the transition to a BV or holding structure, hiring personnel, agreements with customers and suppliers, or sharing confidential data.
Practical brings the financial, tax, and employer context together and coordinates your question with a specialized legal partner. The partner is responsible for the legal assessment and execution.