Choosing the right legal entity is a critical tool for effectively managing liability, tax, governance, and business succession issues, as well as providing the best structure for transferring and financing the acquisition or divestiture of assets. Our role is to provide practical and proven legal advice regarding the risks, costs, and benefits of owning and operating a particular business venture through the possible legal entities that may be available for such.
We strategize with our clients on the best type of legal structure to own the assets of the business, the tax consequence of each selection, the number and nature of the investors/owners contemplated, governance and control issues, and consider future plans for growth of the business in determining the best structure.
We advise on choices such as:
In addition to helping our clients choose the appropriate legal entity, we advise on the proper jurisdiction of an organization and work with our clients’ accountants and tax advisers to reflect their concerns in the details of entity formation. Once the client has selected the legal structure and jurisdiction for the entity, our attorneys and paralegals prepare the necessary governing documents for the entity and file the forms with the appropriate governmental agencies.