Business Organization
 Selection of a business entity has important tax consequences.
The most important initial decision you have to make is the legal form of your business. Your decision affects the structure of the business, taxation and other issues. We provide legal counsel and representation in the formation and organization of business entities such as Partnerships, Corporations, ‘S” Corporation, Limited Liability Companies (LLC), or Limited Liability Partnerships (LLP). We also advise clients on joint ventures, franchising, business successions, shareholder disputes and shielding directors and officers from liability.
It’s a process, not a simple sheet of paper.
The services provided to our clients for the formation of a business entity typically include:
- Office consultation concerning appropriate location, sufficient space, etc.
- Verification that the proposed entity name is available
- Eligibility of proposed shareholders to hold the requisite business licenses
- Filing with the Secretary of State
- Arrange for issuance of authorized stock for corporation
- Complete Certificate of Incorporation or Articles of Organization for LLC or LLP
- Arrange for proper designation and execution of stock or membership certificates for LLC or LLP
- Complete and file the Subchapter "S" election forms
- Draft Shareholder Agreements and Operating Agreements
Filing fees and other costs associated with documentation vary from State to State. We will be happy to provide details of these costs for your particular situation.
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