Sunday, 24 September 2023

What does E-1 Treaty Trader Visa?

 The E-1 (treaty trader) and E-2 (treaty investor) visa categories were created in relation to bilateral trade agreements, such as Treaties of Friendship, Commerce, and Navigation ("FCNs") and Bilateral Investment Treaties ("BIT"), between the US and the nation in which the treaty trader or investor is a citizen or national. At the US Department of State, a list is available. If they are citizens of a treaty nation and meet the necessary requirements, these visas allow investors, traders, and their workers to enter the United States on a temporary basis in order to conduct business or make investments.

Is E-1 Treaty Trader Status available to me?

For consideration as a candidate for an E-1 Treaty Trader visa, you must:

Own a nationality recognised by a treaty

If you are a corporation, at least 50% of your shares or membership interests must be held by individuals who are citizens of the treaty country according to an US immigration lawyer in London. If you work for a treaty trader firm, you are required to be of the same nationality as your employer.

You should take into account the following aspects, among others, while determining the nationality of your business:

  • the registrants' nationalities;
  • percentage of shares held by treaty country citizens;
  • whether the business is publicly traded, the exchanges on which it is listed and whether it is only listed on one exchange;
  • if the members have US legal permanent residency.

Significant trade

The quantity of commerce required to maintain a steady flow of goods for international trade between the United States and the treaty country is referred to as substantial trade. Basically, when there are several transactions over a period of time and the money generated is adequate to support the treaty dealer, the trade is deemed considerable. No of the quantity or the nature of the transaction, it is not "substantial trade" if it only happens once.

Products of commerce

Goods, services, international banking, insurance, money, communications, data processing, advertising, accounting, design and engineering, management consulting, tourism, technology and its transfer, and various news gathering operations are just a few examples of the things that are traded.

Primary trade

When more than half of the volume of the treaty trader's international commerce is carried out between the United States and the treaty country of the trader's nationality, there is principal trade between the United States and that country.

How long is the E-1 Treaty Trader Visa issued for?

Your country of origin will determine this. British citizens are typically given for 5 years, however they can be authorised for as low as 2 years with a solid application through an US immigration lawyer in London.

Can my relatives come along?

Yes, you may apply for E-2 visas for your spouse and children (if they are under 21). They are qualified based on your status as the primary E-2 visa holder and your relationship with them.

Can my family work and study?

Your unmarried children under 21 can study without needing an F-1 Student Visa, and your spouse can work (upon successful application completed after entrance) and/or study. A spouse cannot work until they have gotten employment authorization. Without additional intervention, kids can go to school.

The same status may be granted to spouses and unmarried children under the age of 21 travelling with an E-1 non-immigrant. Although they must apply, spouses may be given permission to work in the US; children are not allowed to work during their stay but are allowed to attend school.

Planning to get married in the UK? Here are the visa requirements.

 Non-European Economic Area (EEA) spouses and civil partners of UK citizens, UK residents, or UK refugees may reside in the UK for up to 30 months with them thanks to the UK Spouse/Partner visa. By submitting a spouse visa extension application, extensions for a spouse or partner visa can be extended for an additional 30 months. After receiving approval, the foreign spouse or partner can take the appropriate steps to apply for Indefinite Leave to Remain and, after five years of continuous residency in the UK, even British citizenship.

Who may obtain a Spouse Visa?

The following prerequisites must be satisfied by visa applicants in order to be qualified to apply for a spouse visa through one of the law firms in London:

  • Each spouse or partner is at least 18 years old.
  • Both partners/spouses are united in matrimony or a civil union that the British government recognises as legal.
  • The foreign-born spouse or partner is married to or in a civil union with a British national or a person who has settled in the UK.
  • Both spouses/partners may substantiate that they've been cohabitating for the previous two years and that their union is sincere.
  • The foreign individual is engaged or is in the UK on a fiancĂ© visa, and they intend to wed there within six months.

What conditions must be met to obtain a UK marriage visa?

The UK Home Office carefully examines each application for a UK marriage visa to ensure that each connection is real and not fake. Therefore, the following requirements must be able to be met by applicants for UK spouse visas:

  • The application includes all requested and required documentation.
  • The two candidates' connection is seen as sincere.
  • Both partners/spouses are capable of fulfilling the other financial conditions and the minimal income barrier.
  • The spouse or partner is from abroad and speaks English well.
  • The partners or spouses can demonstrate that they have adequate housing for themselves and any dependents who may travel or live with them in the UK.
  • The spouse or partner who was born abroad has already had their biometrics (fingerprints and a picture) taken.

How can you demonstrate the sincerity of your relationship?

You must demonstrate to one of the law firms in London that your relationship is real and not fabricated for the purpose of immigration or another illegal activity by offering proof of cohabitation and/or other evidence pertaining to a long-term relationship history. These could be mentioned:

  • A combined lease or mortgage, which may be for a home inside or outside the UK.
  • Birth certificates of any children born inside the partnership or other appropriate documentation of children shared
  • Photographs of the pair together (to demonstrate how often they have spent time together)
  • Shared financial accounts (such as a shared checking or savings account)
  • Evidence of communication between the partners/spouses, such as texts or conversations on social media
  • Any travel records that show the pair met at least once before getting married
  • Any documentation demonstrating the couple's wish to cohabitate in the UK

What resources are needed to obtain a UK Spouse Visa?

All visa applicants must be able to demonstrate that they can sustain themselves while residing in the UK in order to be considered for a UK Spouse Visa. The pair must satisfy the following financial conditions for a spouse visa in order to demonstrate that they won't be dependent on public funds:

The UK spouse or partner earns at least £18,600 per year before taxes (assuming there are no children who are dependant on them).

If the couple has one dependent child who is not a citizen of the UK or Ireland, the UK spouse or partner must have an income of at least £22,400 before taxes.

The UK spouse or partner must earn an additional £2,400 for every subsequent kid. You may rely on savings totaling at least £16,000 or utilise a combination of savings and income earnings if the couple is unable to fulfil these income criteria.

Additionally, income can come from both job and self-employment, pension payments, rental or share income, as well as maternity, paternity, adoption, or sick pay.

What does an L-1 Visa (Intra-company Transfer Visa) mean?

 The L-1 Visa is a non-immigrant visa designed to make it easier for foreign specialists to temporarily relocate to the United States in order to work in a branch office of their organisation.

An intra-company transfer visa, often known as one that enables its bearer to be legally recognised as such, enables intra-company transfers. In other words, it enables a foreign employee to transfer lawfully for employment at one of the foreign company's connected U.S. offices. The professional personnel can continue working for their parent company's branch or subsidiary in the US after they arrive there.

Who Qualifies for a Visa for Intra-Company Transfer?

Only workers in executive or management positions or those with specialised expertise crucial to the running of the firm are eligible for the intra-company transfer visa.

According to a US immigration lawyer in UK, “Successful candidates must have spent at least one year of the three years before to applying working for the same company in a foreign country.”

They also need to be very knowledgeable about the company's goods, processes, and methodologies.

There are two levels of the L-1 Visa:

  • Executive managers: L-1A
  • L-1B designation for "workers with specialised knowledge"

International employees wishing to enter the United States to attend conferences or take part in training are ineligible for this permission. In this situation, you must submit an application for a business visitor visa.

Candidates who meet the requirements must be moved to work for the same firm in the US or to a parent, subsidiary, or affiliate business.

What requirements do employers have for L1 visas?

Foreign enterprises must first qualify for L-1 classification by fulfilling the following conditions in order to be able to apply for L-1 Visas on behalf of their employees through a US immigration lawyer in UK.

The employer is presently operating in or will soon be operating in the United States and at least one other nation as an employer. The employer has a qualifying connection with a foreign firm (eligible organisations are a parent company, branch, subsidiary, or affiliate). Additionally, throughout the L-1 visa holder's stay in the US, this business must be conducted directly or via a recognised organization.

What are the requirements for L-1 visas for employees?

The following criteria must be met by employees in order to be eligible for the L-1 visa:

  • Your business must provide a sponsorship guarantee for your application.
  • Your local business and your U.S. organisation must be connected via a qualified organisation.
  • The individual must have spent the preceding three years working consistently for their foreign employer for a duration of 12 months.
  • You must be employed by your employer both in the United States and in your country of residence.
  • For the L-1A Visa, you must be employed in a managing or executive position.
  • If you are applying for an L-1B visa, the employee must be a specialised knowledge worker.

How long may I remain in the United States on an L1 visa?

Those with an L-1A visa, who are in an executive or managing capacity, may initially stay in the country for three years. With a maximum stay of seven years, they may request extensions of up to two years if necessary.

Specialized Knowledge Staff (L-1B Visa) are given a three-year initial authorised stay and have the option of applying for a two-year extension for a five-year maximum stay.

You cannot apply for a new L or H Visa status until you have returned to your home country for at least a year after your maximum permitted duration has ended. Regardless of which L1 subclass you belong to, this holds true.

What is mini-budget of Chancellor for entrepreneurs?

 The government's new growth strategy was essentially presented on September 23rd when Kwasi Kwarteng, the newly appointed Chancellor of the Exchequer, unveiled his mini budget. This signalled the government's desire to concentrate only on economic growth, as everyone is now aware. To achieve this, the Chancellor proposed sweeping tax cuts (not all of which were anticipated or publicized in advance) and changes for both individuals and corporations that have not been seen in a very long time by commercial lawyers in London. Unfortunately, it is now apparent that the City was not ready for the magnitude of the reforms, and many people have not been pleased with them.

In the upcoming weeks, a withdrawal of at least part of the ideas might result from the negative response. Calls for the resignation of the new Chancellor seem well off the mark, but it still seems evident that the Government plans to hold firm for some time.

Due to the commotion surrounding its presentation, it is crucial from the perspective of an entrepreneur to keep in mind the proposals' actual content and, in particular, how they have been crafted in a way that will primarily benefit the entrepreneurial community.

The recently announced modifications that are especially pertinent to entrepreneurs are listed below. It is wise to pay attention to what can currently be accomplished under the new system, provided that nothing radically changes over the next several weeks for commercial lawyers in London.

Seed Enterprise Investment Scheme (SEIS): Starting in April 2023, businesses can fund up to £250,000 under this programme; however, the gross asset limitation will rise to £350,000, the age restriction will increase to 3 years, and the investor maximum will double to £200,000.

National Insurance and Income Tax: The basic income tax rate will be reduced to 19% starting in April 2023, and the top income tax rate of 45% will be eliminated starting in April 2023. The national insurance rise of 1.25% (on wages) will be reversed beginning on November 6, 2022 (and beginning in April for dividends).

Tax on corporations: The rate increase to 25% that had been proposed has been dropped, and it will now stay at 19%.While this is advantageous since firms won't have to pay additional tax on their trading earnings, it will mostly help high-profit corporations and have no effect on many start-up businesses.

Annual Investment Allowance (AIA): The £1 million level of AIA will become permanent as of April 2023. Up to £1 million in qualified plant and equipment expenses can be deducted by businesses 100% of the first year's costs.

The Government is negotiating with 38 localities to establish investment zones that will "benefit from tax incentives, planning liberalisation, and expanded support for the local economy."

IR35 - Beginning on April 6, 2023, the prior changes to the laws governing off-payroll employment will no longer be in effect. As a result, personal service businesses rather than ultimate engagers will be in charge of assessing a worker's employment status.

It has been difficult for those start-up businesses to deal with rising expenses, supply chain problems, and consumer price inflation while also surviving a possible loss of revenue during the epidemic. When taken in isolation, the mini-budget incentives will benefit many business owners and present them with new options, such as the ability to raise capital through the SEIS, EIS, and VCT schemes and lower expenses as a consequence of the tax cuts. For company owners, there were a few notable omissions, such as changes to VAT and business taxes.

What do licensing agreements mean?

 Licensing agreements are a crucial feature of every successful business's intellectual property management strategy. Your innovations, or those of your staff, provide you the goods or advantages need to survive in a cutthroat market. You can include those concepts (or their results) in your intellectual property portfolio.

People often consider the protections intellectual property rights offer to their owners when they think or hear about intellectual property. such is unquestionably the case, but sharing, selling, or otherwise transferring such right to other parties—whether they be organisations or people—has received less attention.

Basics of licencing agreements

Unique mental works that are able to be protected in some form are referred to as intellectual property. The contemporary legislation that safeguards the three primary types of intellectual property that are used often is the UK's Copyright, Designs, and Patents Act of 1988. Creative works, such as literature (including computer source code), painting, or theatrical performances, are covered by copyright. Designs describe how a certain thing appears. Patents protect innovations or new ways to carry out physical processes.

Other forms of intellectual property exist. The Trade Secrets (Enforcement, etc.) Regulations of 2018 and the Trade Marks Act of 1994 both cover the other two major categories.

A licencing agreement is a contract between two (or more) parties that specifies the terms and conditions under which intellectual property will be licenced or made available to a third party (the licensee) while the owner (the licensor) retains ownership by consulting one of the commercial law firms in London.

Important components of a licencing agreement

The first two essential components of a licencing agreement—who is providing the licencing to whom and what property or rights are being licensed.

There are two crucial starting considerations for these components.

The first is that it's crucial to confirm that the licensee has the legal authority to do so. The author is typically the original owner of a copyright, and this will usually be obvious. However, there may be instances where a licensor sublicenses the copyright to a third party since it has an intellectual property right covered by its own licence (more on this below). Intellectual property created by a contractor rather than an employee of a company is another frequent occurrence. The position in law is that the contractor owns the intellectual property in the work product that it produces in exchange for payment, barring documented evidence to the contrary.

This might cause issues in the future, and from the standpoint of any licencing arrangement, it would not actually be an enforceable, valid licence. Because of this, the majority of licencing contracts include a licensor's promise that it is the owner of the relevant intellectual property or has permission to sublicense it through commercial law firms in London.

Equal focus needs to be given to the second component. Let's say you wish to licence a booklet that describes your items. Although the text and pictures will be protected by copyright, your logo can already be a registered trademark. The licensor and licensee will both suffer if your licencing agreement does not cover both categories of intellectual property.

Three other crucial components of a licencing agreement that need discussion are as follows:

Licencing terms: The licencing terms can be modified to match the demands of the parties. The following topics tend to be the focal focuses of negotiations.

Payment and royalties: It goes without saying that the parties will want to achieve the best possible conditions for remuneration. The phrase "term payment" often refers to either a predetermined lump fee to secure the rights for the duration of the licence (explained below) or a predetermined set payment each month (i.e., a subscription). A royalty is commonly used to describe a predetermined sum (sometimes represented as a percentage) that the licensee is required to pay for its use.

Termination or renewal: Like any contract, a licence agreement may be short-lived, automatically renewed, or renewed at the parties' (or one party's) discretion following a certain time. With intellectual property rights, there is a little difference in that they may be given on a "perpetual" basis. A licencing agreement could remain in effect as long as the parties are still in business or until the right expires if there is no right of revocation. For instance, copyright continues to exist 70 years after the author's passing.

Tuesday, 1 August 2023

The legal and regulatory setting of Artificial Intelligence

 You probably already know that artificial intelligence (AI) is now quite popular in the news. Not a week appears to pass since the publication of Chat GPT at the end of 2022 without news praising its advantages or warning about its dangers.

Whatever your position on the issue, it is certain that the fast developing field of artificial intelligence (AI) is here to stay. In sectors where AI has the ability to influence or inform choices concerning persons, in particular, there is a growing need to take AI risk management into account. One excellent illustration of this is the world of work.

In this blog, we examine the UK's present (but changing) legal and regulatory environment for the use of artificial intelligence in the workplace and how firms could get by there.

The regulatory environment

There is presently no agreement on how AI should be regulated internationally. The UK is contemplating "an innovative and iterative approach" to regulation while the EU is preparing stringent regulation and strong limitations on the use of AI by legal firms in London

, with Italy outlawing Chat GPT due to privacy concerns.

In its newly released White Paper A pro-innovation approach to AI regulation, the UK Government suggests a framework of non-statutory principles that would be monitored and applied by current authorities rather than proposing new law.

The government would "encourage" the Equality and Human Rights Commission, the Information Commissioner, and the Employment Agency Standards Inspectorate to collaborate with the Employment Agency Standards Inspectorate to produce joint guidelines on the use of AI systems in recruiting or employment, which has implications for the employment sector. The Government anticipates that the unified advice will, in particular:

  • Explain what information companies should offer while putting AI technologies in place.
  • Determine the best supply chain management procedures, such as impact analyses of AI or due diligence.
  • Offer appropriate solutions for monitoring, mitigating, and detecting bias.
  • Give advice on how to provide contestability and redress channels.

But after Rishi Sunak's remarks on his way to the G7 Conference, it's unclear whether the government would actually take this strategy. He stressed the need for AI to be utilised "safely and securely, and with guardrails in place" in this section, adopting what seemed like a more cautious tone. Could this be a sign that a change to a more controlled posture is possible?

In his piece Regulating Artificial Intelligence, Ian De Ferities (a partner in our Data, IP and Technology Disputes unit) offers insightful criticism on the Government's most recent White Paper. He examines the five basic concepts put forward by the government in the article and compares them to other recent events.

Discrimination: Much has been made about how prejudice in algorithms and AI runs the danger of introducing new forms of discrimination or reproducing those that already exist. Amazon, for instance, notably had to remove an AI recruiting tool that had trained itself to favour male candidates in top legal firms in London over female ones. Employers should make sure the AI they use does not violate the Equality Act 2010's existing anti-discrimination safeguards, which continue to apply to all kinds of AI used in employment.

Data protection: Generative AI, like Chat GPT, analyses input data to find patterns and produce fresh, original content. Employers who use data in this way must make sure their actions comply with the UK GDPR and the Data Protection Act of 2018. For further details, go to the ICO's Guidance on AI and data protection.

Monitoring and surveillance: According to reports, a third of employees are subjected to digital monitoring at work, such as by tracking software or remotely operated cameras. For instance, Royal Mail has acknowledged utilising tracking technologies to check the dispatchers' dispatch speeds. As mentioned above, businesses should verify that any surveillance of their personnel complies with data protection laws and does not violate employees' rights to privacy under the Human Rights Act of 1998.