Business Structuring and Setup
Need a Business Formation Lawyer?
At Lapin Law Firm, we understand the importance of having a well-structured business to protect your personal assets and achieve your business objectives. That’s why we offer a range of services to help businesses choose the appropriate business entity and corresponding tax classification, and to customize a corporate structure that affords necessary liability protection and built-in flexibility.
Some of the benefits of hiring Lapin Law Firm for business formation and structuring include:
Expertise and experience: Our team has years of experience in a range of legal areas, including LLC, corporation, and limited partnership formation, customized articles of incorporation/organization, customized bylaws, operating agreements, and partnership agreements, and partnerships and deal structuring.
Customization: We understand that every business presents unique circumstances, and we approach each project with an eye towards the client’s particular corporate needs and business objectives. This enables us to save our clients significant post-formation expense and aggravation by customizing a corporate structure that meets their needs.
Range of services: In addition to entity formation and business startup services, we also offer a range of other services, including shareholders’ agreements, restricted stock purchase agreements, stock option agreements, buy-sell agreements, entity mergers and conversions, investment documents, term sheets, convertible debt/equity agreements, and more.
Contract review and drafting: We also offer contract review and drafting services to help businesses protect their interests and ensure that their contracts are clear, concise, and enforceable.
At Lapin Law Firm, we are dedicated to providing personalized, client-focused service. We will work closely with you to understand your business and its legal needs, and will provide the guidance and support you need to succeed.
If you are in need of legal assistance with business formation and structuring, don’t hesitate to reach out to us. Contact us today to schedule a consultation and learn more about how we can help your business succeed.
What is an attorney in business law?
An attorney in business law may specialize in a variety of areas for businesses such as securities, intellectual property, mergers and acquisitions. An attorney in business law may also assist with the preparation of various documents such as partnership agreements; articles of incorporation, bylaws and shareholder agreements.
These areas include but are not limited to: corporate formation; corporate governance; corporate finance and securities law; mergers and acquisitions, including a review of antitrust issues.
What does a business formation lawyer do?
Lapin Law Firm offers assistance to entrepreneurs on how to structure their businesses in order for them to endure. We deal with a wide range of companies, ranging from sole proprietorships to partnerships, limited liability companies, and cooperatives.
During entity formation, we handle all the legal paperwork and assist new firms in setting up legal and financial structures. We also examine current arrangements and may provide recommendations to improve company efficiency.
Contact us today and learn how we can help your business grow.
How your company is structured and run will have an impact on how it functions, the obligations of its owners, tax rules, and a variety of other important elements.
Legally speaking, you are a partner in a limited company or a member of a partnership. Liabilities are different from those of a shareholder in a limited firm or partner in a partnership. The same may be said for taxation and other elements.
Instead of putting yourself at risk, establishing a sound financial and legal structure from the start will make it easier to avoid legal and financial ramifications.
An entity formation lawyer is in charge of assisting you with the process of forming and structuring your company. Their job entails understanding how businesses are formed and structured, which is why it’s critical to work with a competent one.
What can a business formation lawyer do for your business?
Lapin Law Firm will cover all legal aspects and advise clients of any potential business formation issues. Our attorney-client relationship comes first and our priority is seeking on going relationships. During our initial consultation, we will discuss your business formation goals and help you choose the best business structure for your new business entity.
Lapin Law Firm can walk you through the entire process of starting your business from start to end. We can help you choose the right entity and get all the necessary legal forms and documents filed to make sure you are off to the right start. Moshe Lapin has helped thousands of businesses already and has the experience needed for your success. Call for a free consultation to find out how we can help your business.
What type of lawyer helps with LLC?
A business lawyer helps with forming any business entity, including LLCs. Some business lawyers specialize in certain business structures, like LLCs, S-corps., general partnerships, and limited liability partnerships.
A business lawyer will help you form your company the way that is best for it. The creation process can be complicated, so it is important to get help from a lawyer who can explain everything in plain English.
How do I choose a legal structure for my business?
If you are starting a new business, there are different legal structures that may be available to you. Some of these include sole proprietorship, partnership, corporation and limited liability company (LLC). In order to choose a business structure, you must weigh the pros and cons of each.
At Lapin Law, we explore the various legal structures and their benefits. If you would like to know more about choosing a business structure, contact us today for a free consultation!
Who can help set up an LLC?
An LLC can be set up with or without a lawyer. An LLC is a type of business in which the owner often has limited liability for company debts. While this can be done without a lawyer, it is best to consult with one before starting an LLC. This type of legal entity can be formed in any state but it does not provide protection against other types of liability. Many legal issues can arise that can jeopardize the company if not done correctly.
Lapin Law Firm is a business law firm that helps set up LLCs for entrepreneurs in any state.
What type of lawyer do I need for LLC?
The specific type of lawyer needed will depend on the type of business being started. For example, you may need a contract lawyer or someone who specializes in tax law for your startup company. A well-rounded business lawyer should be able to work with you on all of these issues.
Lapin Law Firm provides legal representation for all types of businesses, including LLCs.
What is business structuring?
Business structuring is the process by which a business decides how to best set up its operations, including what type of legal entity it will be, how it should be registered with governing agencies, which owners will be responsible for business operations, where profits will go and more.
New businesses are often formed so that the owners can enjoy limited liability protection. Once your business has been established, you’ll likely also need to have other documents professionally drafted and filed with state and local governing bodies to clearly define how the company will be structured and run, which owners are responsible for various aspects of running the company, how profits will be allocated among owners (and if there are expenses that must be paid before any profit is received by shareholders), etc. In order to do this you’ll need to hire business setup lawyers in your city or state who can assist you in properly structuring your new business.
What type of business entity should I choose?
Most often, business owners choose LLCs for small companies that would like to be taxed as a “pass-through” entity and corporations for large companies.
In general, in order to avoid personal liability when starting a company, the structure of the company should closely mirror the kind of liability you want.
Limited Liability Companies
A limited liability company is a type of company that allows owner(s) limited personal liability exposure to business debts and obligations. To become one, you need to complete the appropriate filing requirements with the secretary of state (or a similar agency) depending on where your business is headquartered.
LLC’s are not always the best option for everyone, but they can be an attractive choice when there’s even some possibility of future lawsuits or creditors coming after you personally.
A corporation is a for-profit legal entity owned by shareholders. Shareholders own the corporation, which means that they have interests in its profits and losses. Corporations can offer their owners limited liability protection from business debts and obligations. To create a corporation, you will need to meet certain requirements set forth by your state’s “statutes of incorporation.” This includes registering the name of your corporation with your secretary of state (or similar governing body), submitting articles of incorporation/organization drafted by an attorney on behalf of the company seeking to incorporate, obtaining a tax identification number and paying any required fees. A corporate attorney to handle corporate transactions is vital to your future if you choose this route.
How An Attorney Can Assist You With Business Organization and Structuring
When starting a company, having an attorney on board from the start can save you a lot of money, time, and effort.
When you wait until you have a legal problem, it has a far wider range of negative repercussions than simply financially since lawyer fees, court charges, and possibly a settlement may be involved.
You won’t have the time to research when faced with a problem. The ideal thing to do is hire an entity formation attorney before making any moves towards establishing a corporation. The following items will be provided by the attorney:
Describe the legal issues your firm is facing
Unless you have legal expertise, it’s likely that keeping track of the specifics of each law that affects your company would be difficult. Someone who specializes in entity formation is familiar with these topics.
The following are the most commonly used commercial laws: company incorporation statutes, consumer protection rules, contract regulations, employment guidelines, environmental rules, intellectual property rules, zoning restrictions, and license and permit requirements.
Create a structure for your business
An attorney will educate you on the many sorts of business structures available and assist you in selecting the one that is best for your goals. The three types are sole proprietorship, partnership, and limited liability company. An entity formation lawyer will consider all aspects of each, as well as your unique position, before making a recommendation.
Create the necessary documents
The setting up of a limited liability company (LLC) or a corporation generally entails the preparation of numerous legal contracts. The lawyer will be responsible for drafting any required legal documents, such as partnership agreements, corporate charters, organizational papers, operating agreements, and business bylaws, once you’ve decided on the sort of firm you want to start.
Furthermore, they’ll take care of the necessary contracts and agreements with suppliers, lenders, contractors, customers, and other corporate transactions involving third parties. All of these papers are important for launching a business.
The attorney will write and register all of the government papers required throughout the company registration procedure, including obtaining legal licenses and permits from the county, state, and federal governments.
Cost of Startup
While they may differ in approach, almost all entity formation attorneys are well-acquainted with the expenditures of resources required to start a firm. With exactitude, they can assist you in determining the starting expenses of your business.
You will already have a lawyer on board who can make a case for, or defend, the company in the event that you are required to file or face a lawsuit.
What does legal formation mean?
Legal formation is associated with business formation law and deals with how businesses are started and registered with relevant governing agencies like local, city or county governments as well as state-level authorities.
Business formation includes deciding what kind of legal entity a company should be (such as an LLC or corporation), whether it should apply for special tax treatment, determining where profits earned by the company should go (such as to the owners or shareholders, to a trust for the benefit of families, etc), and whether you want investors in your company.
Business structuring is a process that applies both at the time of business formation and also on an ongoing manner. In fact, most corporations and LLCs need to be re-structured after they have been formed because companies are often started with structures that do not last long term.
Our business formation lawyers can help you with updates so that your business continues to run smoothly. We also assist businesses in preparing operating agreements when needed. Some common types of organizations we advise include LLC’s, corporations, non-profits, and partnerships.
Companies often need several types of contracts to ensure that the owners are protected in a variety of ways. Our business agreements lawyers can help you draft contracts for things like buying or selling goods or services between separate companies, entering into joint ventures with other companies, partnering with other companies on projects, sharing ownership rights in any intellectual property created by your company (such as software programs), etc.
Areas of Interest