There are a number of legal structures you can use when setting up a business. Incorporation is a popular choice and you’ll find DIY incorporation forms on the internet that purport to be all you need to get the job done.
But the whole purpose of creating a business entity through incorporation is to protect business owners from liability. If these documents are done incorrectly, you could lose that benefit. Spend a little time and money up front to protect your business and financial interests and gain the protection you wanted.
The Frisco corporate law attorneys at Albin Oldner Law, PLLC urge you to involve a lawyer early in the process of incorporating your business. With legal help you can avoid costly mistakes down the road and get the personal liability protection you desire.
Different types of corporations, and entities such as LLCs, are taxed in different ways. When our corporate lawyers meet with you, we will gain an understanding of your goals for your business. We can then explain the advantages and disadvantages of each type of corporation and its tax implications so you can select the right entity for your business needs.
Here are a few examples:
We can guide you through each step of incorporating a business in Texas, as well as explain in layman’s terms the purpose and effect of each step, including:
We can assist with other functions vital to the success of start-up company: drafting contracts, protecting intellectual property, negotiating a commercial lease or buying liability insurance. In short, we give you our experience and advice so that you can avoid problems, and understand what and why you are doing certain things.