legal terms for giving away gifts

ernest1a · 05-06-2007, 02:20 PM

We are going to launch a web portal in end of June. 1 month before we will announce a launch. In announcement site users will have chance to sign in into mailing list and when we launch we will immediately send them notice. If they are among first 50 users they will receive $100 gift by post mail.

Do we need to write any legal terms for that? We are UK company with mainly US market.

Thank you

StupidScript · 05-15-2007, 04:19 PM

I don't think there is any problem with that (but I'm not a lawyer).

I would be concerned (for you) that the promotion was designed so that (a) one person didn't snag all 50 first-come positions and (b) that it was painfully clear that the $100 is the END of it, there is to be no expectation of additional benefits ... and that anything having to do with taxes and so on are the exclusive responsibility of the receiver.

Keep contact information for each of the "winners", and absolutely run the promotion's content by a barrister before you open it to the public. You may be able to categorize your promotional expense as a tax benefit for your company.

MakeYourFirst$$$ · 08-27-2007, 04:53 PM

It couldn't hurt to include one.