Do you have a problem concerning your business and need the advice of a business lawyer? You have come to the right place. This firm offers cost effective and practical solutions for any business legal issue. Contact us to speak with our experienced business attorney.
Holdsworth Law is here to help you in the proper formation and incorporation of your business.
The vibrant and exciting entrepreneurial world of the tri-state region is booming. The Mid-Atlantic States and in particular the State of New Jersey have always been at the center of commerce in the United States and will continue to do so.
If you’re interested in forming your business entity in the state of New Jersey & Pennsylvania, or wish to enter the market, contact us to be connected to our experienced business attorney, who will assist you throughout the entire process. We will assist you in reaching your potential as a successful business owner.
You can select among various business structure options, including S Corporation, C Corporation, and LLC. Choosing the right business entity is essential in regards to tax and civil liability. Members, owners and shareholders must consider the various legal needs of starting a business. For many entrepreneurs, starting a business can be a chaos – they are usually focused on the business processes, ensuring a flawless implementation of their growth strategies. Amidst all this, they fail to consider the importance of legal compliance. Many entrepreneurs get stuck in legal issues at the very begning – we are here to ensure that your legal matters are diligently taken care of.
The main difference between these three business structures is the method of taxation that applies to each. The structure you select will dictate your tax liability. The LLC is subject to taxation at the member level, while the C corporation taxes pay at both the shareholders and the corporate level. Similarly, S cooperation taxes are only paid at the shareholder level. C corporation and S corporation structures have regulations, share, and shareholder meetings. LLC’s don’t require shareholder or bylaws meetings, since there are no shares. Choosing the right business structure and complying with legal formalities requires an experienced and skillful attorney. Contact us to be put in contact with such an attorney.
LLC’s, Joint Ventures and Partnerships agreements, should specify the rules and regulations for how the business operates internally before business commences. You can dictate how disputes are to be managed in order to avoid future potential litigation. Corporations have a duty to file articles of corporation and must have bylaws, which function similarly as operating agreements of a LLC. Contact us for a superiorly drafted business operating agreement.
Holdsworth Law has several years of experience assisting clients with their business ventures. Whether you’re purchasing a business or starting a new one, you have much to consider regarding the future. Holdsworth Law will place you with an experienced and competent attorney to guide you through formation, protection of your business rights and beyond. Holdsworth Law is a conscientious and leading legal resource to the companies of New Jersey & Pennsylvania.