Whether starting a new business or formalizing an existing venture, it is crucial to do so under the asset protected veil of an entity. Failure to not only conduct business under the protection of an entity, but also to follow the entity’s specific formalities can expose the business owners, investors, lenders, and managers to the business liabilities. There are a number of considerations that must be examined when determining which structure is right for each client. Sharpe Law Group advises clients in not only establishing the entities listed below, but also in helping our clients properly maintain the business through conducting annual meetings and drafting contracts, promissory notes, resolutions, buy-sell agreements, minutes and various other business documents:
- Limited Partnership (LP)
- Limited Liability Company (LLC)
- Series Limited Liability Company (SLLC)
- S Corporation
- C Corporation
- Professional Association (PA)
- Professional Limited Liability Company (PLLC)
- Non-Profit Corporation / 501(c)3
- Private Foundation