Uploaded on Nov 28, 2019
Presentation on "10 corporate laws that every organization must follow"
10 corporate laws that every organization must follow
10 corporate laws that every organization must follow What are Corporate Laws Corporate Laws are also known as Business Laws. They mean the law administering the rights, relations, and direct of people, organizations, associations and organizations. Corporate law frequently depicts the law identifying with issues which get legitimately from the life-cycle of a company 10 Such Laws are: 1. Tax code 2. Employment and labor law 6.Environmental regulations 3. Antitrust Laws 7. Privacy 4. Advertising 8. Insurance 5. Email marketing 9. Reporting pay data 10. Collecting sales tax 1. Tax Law Every listed company registered in the country has to pay taxes. These taxes may include: Income Tax, Estimated Tax, Employment Tax, Excise Tax 2. Employment and labor law This kind of tax is based on the wages and hours of an employee, Workplace safety, security, Medical insurance, etc. Image Source: Google 3. Antitrust Laws Any time a company conspires with its competitors, third-party vendors, or other relevant parties, it may run afoul of antitrust laws. This law contains both the federal and state laws. 4. Advertising Law For advertisement of brand you have to keep some regulations in Your mind. For an instance You need to check if the contents in your ads are truthful or honest. 5. email Marketing Law This law ensures that: 1. You don’t use misleading headers 2. You don’t use deceptive news 3. Include your business’s name and proper address 4. Unsubscribe options to users if they want to opt out 6. Environmental Law You have to make sure that your business does not hamper the nature and environment, and Your business is environmentally sustainable. 7. Privacy As per this law You have to ensure Your business does not hamper your employees’ privacy and does not disclose their confidential information like personal email ids and contact number. 8. Insurance For a listed company insurance of the office building, it’s resources including employees and assets must have designated insurance. 9. Reporting sales data If your organization has more than 100 employees then You must reveal how much you’re paying them, what’s your revenue generated, ethnicity, gender equity, etc. 10. Collecting sales tax This law states that a business should assemble sales tax in any condition of which it has a physical affiliation (known as a "nexus"). That nexus may mean a physical retail shop, or enrolling laborers in the state, even online sellers may need to assemble sales tax in any express that they offer to. Thank You
Comments