Working with our clients to identify the best choice of entity from the start minimizes expense and potential legal consequences resulting from changing business types as the company matures. Whether an existing business or a new venture, our team advises on the positioning of your organization.
When choosing a formation type, our attorneys consider:
- State or country of organization
- Liability limitations
- International, federal and state tax consequences
- Tax elections
- Securities to be issued
- Estate planning
- Ownership and service provider issues
During the planning and implementation process, we strive to provide the most economic and effective entity options for conducting your business.
Additionally, we prepare and file the necessary forms needed to complete the entity formation. These documents typically include Articles and Certificates of Incorporation, Foreign Qualifications, IRS Forms, Bylaws, Operating Agreements, Partnership Agreements and Shareholder or Buy Sell Agreements.
Should your new entity need to raise capital, borrow money or employ key personal, we are able to structure offerings, review loan structures, and construct and prepare appropriate employment agreements. Our team also conducts appropriate intellectual property searches and prepares the required forms needed to protect your proprietary assets.
Calculating future needs into business decisions today is vital to avoiding controversy and minimizing fees and expenses down the road. An exit strategy should be a part of the decision making process when determining the appropriate entity type for an organizations, especially if the venture has more than one owner or investor. Surveying exit alternatives and creating a clear and practical strategy during the formation and planning stages will help to prevent issues down the road.