Business Matters
Business Formation
Business Formation SolutionsFoundational Support for Business Formation
At Euredjian Law Firm, we understand that starting a new business is both an exciting and challenging endeavor. Choosing the right legal structure is critical in establishing a strong foundation for your business. Our experienced team is dedicated to providing comprehensive legal services to entrepreneurs and business owners, guiding you through the business formation process and setting you up for long-term success.
Comprehensive Services
- Entity Selection and Structuring
- Drafting Formation Documents
- Business License and Permit Assistance
- Registered Agent Services
- Tax Identification Number (EIN) Application
- Business Name Registration
- Corporate Governance Advice
- Contract Review and Negotiation
- Intellectual Property Protection
- Business Succession Planning
Our Approach
Personalized Guidance
At Euredjian Law Firm, we provide personalized guidance tailored to your specific business needs. We take the time to understand your goals and offer expert advice to help you make informed decisions about your business structure and formation.
Comprehensive Services
We offer a full range of business formation services, from entity selection to regulatory compliance, ensuring that all legal aspects of starting your business are covered.
Efficient Process
Our team is committed to making the business formation process as smooth and efficient as possible. We handle all the legal details, allowing you to focus on building and growing your business.
Ongoing Support
Beyond the initial formation, we provide ongoing legal support to help you navigate the challenges of running a business. Whether you need advice on corporate governance or assistance with regulatory compliance, we are here to help.
Common Steps in Business Formation
Choosing a Business Name
ASelecting a unique and appropriate name for your business and ensuring it is available for use.Selecting a Business Structure
Deciding on the legal structure that best suits your business needs and goals.Filing Formation Documents
Preparing and filing the necessary documents with the state to legally form your business entity.Drafting Internal Documents
Creating internal governing documents, such as operating agreements or bylaws, to establish the rules for managing your business.Obtaining Licenses and Permits
Securing any required licenses and permits needed to legally operate your business.Registering for Taxes
Applying for an Employer Identification Number (EIN) from the IRS and registering for state and local taxes.Common Business Structures
Sole Proprietorship
A simple and straightforward business structure where one individual owns and operates the business. It offers complete control but does not provide liability protection.
Partnership
A business owned by two or more individuals who share profits and responsibilities. Partnerships can be general or limited, with varying degrees of liability and involvement.
Limited Liability Company (LLC)
A flexible business structure that offers liability protection to its owners while allowing for pass-through taxation.
Corporation
A more complex business structure that provides liability protection to its shareholders. Corporations can be C corporations or S corporations, each with different tax implications.
Types of Business Formation Services We Offer
Business Entity Selection
Assisting clients in choosing the most appropriate legal structure for their business, including sole proprietorships, partnerships, limited liability companies (LLCs), and corporations..Entity Formation
Handling all aspects of entity formation, including drafting and filing articles of incorporation or organization, and ensuring compliance with state requirements.Operating Agreements and Bylaws
Drafting and reviewing operating agreements for LLCs and bylaws for corporations to outline the management structure and operational procedures.Partnership Agreements
Creating comprehensive partnership agreements that define the roles, responsibilities, and profit-sharing arrangements among partners.Corporate Governance
Advising on best practices for corporate governance, including the roles and responsibilities of directors and officers.Frequently Asked Questions
The best structure depends on various factors, including the nature of your business, your goals, and your risk tolerance. Consulting with a lawyer can help you make an informed decision.
The time frame can vary depending on the complexity of your business and the
requirements of your state. Generally, it can take a few days to a few weeks to
complete the process.
While it is possible to start a business without a lawyer, having legal guidance can help you avoid common pitfalls and ensure that all legal aspects are properly addressed.
Ongoing requirements may include filing annual reports, maintaining proper corporate records, and complying with tax obligations. A lawyer can help you stay on top of these requirements.