Laws of the Game is a Vela Wood podcast discussing the history, operation, and organization of soccer worldwide hosted by Kate Porter and Andrew Visnovsky, our international sports law experts.
Office Hours is our podcast covering general issues related to small businesses and startups. Preparing For Funding is a series of Office Hours episodes hosted by VW Partners Kevin Vela and Rad Wood about getting your company’s legal house in order before taking on funding We are recutting this series to reflect updates in law and venture trends in the last 5 years to better help you navigate through preparing for funding.
In this episode, we discuss the basics of incorporation, including the difference between corporations v. LLCs, which state to organize in, and when we recommend online document formation tools.
Time Stamps* 1:20 – Corporations v. LLCs * 3:27 – LLCs and Small Businesses * 5:33 – Tax Advantages for LLCs * 7:30 – Single v. Double Taxation * 9:19 – 1202 QSBS * 12:29 – Corporations and Startups * 14:31 – Online Formation Documents * 21:10 – Where Should You Incorporate/Organize? * 24:05 – Standard Delaware Filing
Related Content* What’s The Difference Between A Small Business And A Startup? * Choosing The Right Entity * Why Your Startup Should (Likely) Be A C-Corp * Do I Really Owe Delaware $75,000??? Explaining Delaware Franchise Tax Calculations * Why Your Small Business Should (Likely) Be An LLC
References Section 1202 of the IR Code & Tax Breaks for Small Businesses* * Online Document Formation Tools: AngelList, Clerky, CapBase
Laws of the Game is a Vela Wood podcast discussing the history, operation, and organization of soccer worldwide hosted by Kate Porter and Andrew Visnovsky, our international sports law experts.
In this episode, we discuss FIFA regulations on international eligibility, including how FIFA determines which country a player is able to represent in international competitions like the World Cup, how players can effectively switch their nationality, and what it means to be “cap-tied” to a specific national team.
Time Stamps* 0:40 – FIFA Regulations on International Eligibility * 1:20 – Holding Nationality v. Eligibility * 2:20 – Individual Nation’s Nationality Laws * 4:40 – US National Team and Germany * 6:53 – National Associations * 10:14 – New Nationalities and FIFA Additional Requirements * 12:22 – CAS Dispute: UAEFA v. AFC and QFA * 16:07 – Switching Associations * 24:48 – “Cap-Tied” Players * 26:54 – Fielding Ineligible Players & Disputes
Related Links* FIFA Eligibility Rule Change Offers World Cup Hopes For ‘One-Cap Wonders’ * Imports of Importance: The German influence on the U.S. World Cup team * FIFA Publishes Explainer on Eligibility to Play for Representative Teams
Laws of the Game is a Vela Wood podcast discussing the history, operation, and organization of soccer worldwide hosted by Kate Porter and Andrew Visnovsky, our international sports law experts.
Listen on Apple Podcasts!In this episode, we discuss the history, hosting, and execution of the World Cup.
Time Stamps* 1:36 History of the World Cup * 10:02 Bidding to Host World Cup * 16:21 Government Guarantees * 18:59 Protection of Commercial Rights * 25:46 Team Qualifying
References* The History of FIFA World Cup * Ambush Marketing: What It Is & Why It Works
In Part 2 of How the Soccer World Works, we discuss club soccer and the similarities and differences between the US and European systems.
In this episode, we discuss the organization of soccer on an international level and how the pyramid system works.