Frequently Asked Questions

 IRC Legal helps founders and startups build strong legal foundations from day one. We offer entity formation, founder agreements, contract drafting, financing structures, and ongoing General Counsel services. Whether you’re raising capital, negotiating with co-founders, or preparing for growth, we provide the legal clarity to move forward.

 Yes. Raising capital involves legal documents like SAFE notes, convertible notes, or equity term sheets that can impact your control and valuation long-term. IRC Legal advises founders and investors on structuring deals, negotiating terms, and complying with securities laws so you can fundraise confidently and legally while protecting your interests.

 IRC Legal offers fractional General Counsel services for companies that need ongoing legal support without hiring a full-time attorney. We handle contracts, risk management, compliance, and executive-level legal strategy—scaled to fit your budget and growth stage. 

 Every business should have strong foundational contracts like key vendor and supplier agreements, service agreements, NDAs, independent contractor agreements, terms of service, and privacy policies. IRC Legal customizes these documents to protect your business, limit liability, and set clear expectations with clients, partners, and employees. 

 Absolutely. IRC Legal drafts, reviews, and negotiates commercial contracts tailored to your business goals. Whether it’s a SaaS agreement, vendor contract, licensing deal, or partnership agreement, we make sure your terms are clear, enforceable, and strategically sound. 

 Buying or selling a business requires legal due diligence, deal structuring, contract negotiation, and risk assessment. IRC Legal guides buyers and sellers through every stage of the M&A process—from term sheets to closing—to ensure you get the right deal and avoid costly mistakes. 

 We conduct legal due diligence to uncover risks, draft and negotiate asset or stock purchase agreements, and manage timelines to close deals efficiently. IRC Legal ensures your acquisition or exit is structured, compliant, and aligned with your business priorities.  Our goal is to mitigate risk and surprises after a purchase and to retain the maximum purchase price in a sale. 

 In an asset purchase, the buyer selects specific business assets and often avoids assuming liabilities. In a stock purchase, the buyer takes over the entire company, including its obligations. IRC Legal helps you understand the legal and tax implications of both options and choose the right structure for your deal. 

 Yes. IRC Legal advises founders and investors on SAFE notes, convertible notes, and early-stage financing documents. We ensure the terms reflect your goals, align with market norms, and protect your future cap table. 

 Start by understanding your rights under your partnership or operating agreement. IRC Legal helps clients resolve internal disputes through negotiation, mediation, or legal action when necessary—while protecting your business from disruption and reputational damage. 

 Yes. We prioritize resolving disputes efficiently through alternative dispute resolution (ADR) methods like negotiation, mediation, and arbitration. IRC Legal helps clients settle issues without the cost and delays of traditional litigation.

 ADR refers to resolving legal disputes outside of court. It’s often faster, cheaper, and more confidential. IRC Legal uses ADR to resolve business conflicts involving partners, vendors, clients, or shareholders—while preserving relationships and minimizing legal costs. 

 Yes, but it’s important to understand tax, compliance, and contractual implications. IRC Legal helps businesses integrate Bitcoin and other cryptocurrencies in a legally compliant way, including invoicing, accounting, and disclosure practices. 

 IRC Legal advises Bitcoin-native and AI-driven businesses on entity structuring, terms of use, data protection, intellectual property, and regulatory risks. We combine tech fluency with legal precision to help you build responsibly and scale with confidence. 

 Common risks include tax reporting, anti-money laundering compliance, volatility in contracts, and evolving state or federal regulations. IRC Legal provides strategic counsel to minimize exposure and operationalize Bitcoin or crypto use in business environments.