- Whether it’s a Corporation, Limited Liability Company, Sole Proprietorship, Partnership, etc., we will help you determine what is right for your business. We will prepare all the necessary filings with the appropriate state agencies and help you get your business underway, quickly and efficiently.
- There are advantages and disadvantages to doing business in each of the corporate, partnership, limited liability company or limited partnership forms. This decision is critical to the ongoing success of any enterprise for profit. Competent legal assistance is highly suggested to form actual legal formations of any business entity.
- Our attorneys at The Law Office of Eric C. Puma, P.C. have the experience and expertise to provide the counsel you need in deciding on the proper corporate formation that best suits your needs and type of business.
Frequently Asked Questions
Some business entities can help you achieve your goals more efficiently. You must define the goals of your business and then research the advantages and disadvantages of each business entity to determine which entity is best for you. Setting up your business the right way can ensure higher level of protection from business liabilities and risk. Additionally, some business entities can offer several tax benefits.
The basic type of legal entities in which business can be conducted are (1) Sole Proprietorship; (2) Partnership; (3) Limited Liability Company; and (4) Corporation
It is important to select the right type of company for your new business. In determining which entity is best for your business, it is important to consider the following: (1) liability of the business owners; (2) preference of tax treatment; (3) capitalization of business; (4) how you intend to structure the management of your business; and (5) whether you plan to issue and trade stock publicly.
You must determine if the name is available with state and federal agencies. You can check if the business name is available by visiting the appropriate state website for business filings or by reaching out to an attorney.