One of the most important legal issues to consider, whether you are a business owner or aspiring entrepreneur, is the structure of your business. You can choose a wide variety of entity structure. Each structure has advantages and disadvantages in terms of simplicity, flexibility, cost (both to form and to operate), taxation, control, continuity, ownership transferability and liability protection.
M. Burns Law Firm, PLLC can assist you in selecting the right business entity for your business or professional practice. We have experienced Texas business law attorneys who are ready to assist you with the following types of entities:
- Limited Liability Company (LLC)
- Series Limited Liability Company (SLLC)
- Professional Limited Liability Company (PLLC)
- Corporation (C-corporation or S-corporation)
- Non-Profit Corporation
- Professional Corporation (PC)
- Professional Association(PA)
- Limited Partnership (LP)
- Registered Limited Liability Partnership (LLP) and
- Business Trusts
Entity Management
Once an entity is structured, management and investors should adopt governing agreements addressing such issues as capitalization, election of officers, management responsibilities, tax matters, restrictions on transfer of ownership, voting rights, distributions, and winding-down the business.
We can help prepare:
- Bylaws
- Company Operating Agreements
- Partnership Agreements
- Trust Agreements
- Buy-Sell Agreements
You can lose your limited liability protection if a court finds that you have not maintained the corporate structure properly. Ensure continued protection by working with us. We can help maintain the corporate books for our clients after their businesses are formed.
We invite you to schedule a consultation to discuss how our experienced attorneys can assist you with your business formation needs.
To learn more, contact us now.