Than Four Combined Decades
Business Formation Attorney in Florida
At the Morgan Law Group, our attorneys believe in taking a proactive approach to all things business related.
When starting a company, the business structure you choose influences everything from day-to-day operations to taxes and how much of your personal assets are at risk. While we are trial-tested litigators, we also emphasize the importance of our clients choosing a business structure that provides the right balance of legal protections and benefits from the start.
Our Florida business formation lawyers can provide the insight you need to start your company on the right path to success while providing the legal counsel necessary to sustain growth.
Different Types of Business Formations in Florida
Creating a company in Florida comes with inherent risks. At the Morgan Law Group, our skilled attorneys provide business start-up and document review services to form entities that are appropriate for each of our client’s unique ventures.
Depending on the type of business and its products or services, that may include:
- Sole Proprietorships
- General Partnerships, Limited Partnerships, and Limited Liability Partnerships
- Limited Liability Companies
- Non-Profit Corporations
The type of business formation companies choose has significant implications for liability, taxation, transfer of ownership and control over daily operations, and major business decisions.
We take the time to understand your business needs and advise you on the entity or entities that will meet your goals. Our dedicated attorneys allow businesses to prepare and adopt clear, definitive governance documents that resolve uncertainties and help prevent unnecessary disputes going forward.
Contact our MLG Business Litigation attorneys in Florida today to learn how we can help you prepare all the necessary documentation to organize and establish your enterprise expertly and efficiently.
Potential Decisions and Actions When Establishing a Business in Florida
Starting a business is an exciting time that can quickly become overwhelming when weighing the logistical benefits and drawbacks.
Our skilled attorneys provide business formation services in Florida, so our clients can align their goals with the legal requirements necessary to ensure they get it right from the start.
That includes providing experienced legal counsel for:
- Research and Planning
- Choosing the Right Corporate Name
- Getting Business Assistance & Training
- Financing Your Business
- Choosing a Business Structure (Entity)
- Preparing and Filing Articles of Incorporation
- Appointing a Registered Agent
- Setting Up a Corporate Records Book
- Preparing Corporate Bylaws
- Appointing Initial Corporate Directors
- Holding Your First Board of Directors Meeting
- Issuing Stock
- Complying with Florida Tax Requirements
- Registering for Permits
Our business attorneys provide end-to-end company formation services and organizational structures that allow Florida start-ups to negotiate and draft contracts for everything from employment guidelines and vendor agreements to major commercial transactions.
With practical, solution-oriented advice, we guide our clients through the complexities that arise in their transactions and ensure their interests are protected. Whatever your situation and goals, we can help you structure your business to advance your interests. Contact us today to learn more.
Morgan Law Group Attorneys Also Represent Existing Business Owners
Our business formation attorneys in Florida know no matter how long your company has been in business there are times when having an experienced law firm in your corner can mean the difference between success and failure.
We understand the multitude of transactions and contracts regarding partners, customers, employees, vendors, suppliers, distributors, and others can lead to disputes. Other times, growth requires a precise legal approach to pursuing real results.
We provide skilled legal counsel for clients regarding:
- Breach of Contract
- Business Torts
- Intellectual Property
- LLC Membership Disputes
- Partnership Disputes
- Shareholder Disputes
- Advice and Documentation for the Acquisition or Divestiture of Business Assets
- Business Succession Plans
- Commercial Real Estate Transactions
- Environmental and Land Use Considerations
- Joint Ventures
- Mergers and Acquisitions
- Trade Secrets, Noncompete, and Confidentiality Agreements
When these important business issues cannot be resolved satisfactorily through negotiation, mediation, or other means, our experienced business litigators will protect and advance your vital business interests inside the courtroom.
Contact Our Experienced Business Formation Lawyers in Florida Today
At the Morgan Law Group, our skilled attorneys provide customized legal representation for entrepreneurs, start-ups, and existing business owners, so they can advance their interests and preserve their competitive advantage.
Contact our skilled Florida business formation attorneys today by calling (786) 706-9228 to schedule a free initial consultation to learn more about our law firm, while we learn more about your unique business and legal needs.
Frequently Asked Questions for Our Dedicated Business Formation Attorneys
Why Should I Incorporate My Business?
Incorporating your business provides security. Incorporation can help protect your personal assets, increase tax savings, raise capital, and ensure continuity to continue operating without interruption even if a partnership dispute arises.
Which Type of Business Entity Should I Choose?
Deciding between a limited liability company or corporation, or choosing which type of corporation to form, is a decision best made in consultation with a trusted business formation attorney in Florida. Our dedicated attorneys can explain the differences and outline the benefits of each type of entity, so you can make informed decisions about the future of your company.
Can I Lessen My Personal Liability By Incorporating?
Unlike a sole proprietorship or general partnership, a business owner’s personal assets are no longer at risk once they incorporate.
That includes personal asset protection from lawsuits stemming from employment discrimination or harassment claims or negligence. While some of these risks may be covered by liability insurance, any inadequate coverage could lead to out-of-pocket costs without the protection incorporation provides.
How Do I Create a Business Entity?
Corporations and LLCs are formed at the state level and require proper documentation, filings, and fees to form an entity properly. Our leading business formation attorneys can help you understand which type of entity is right for your goals, so you can operate legally and without worry.
What is the Difference Between a Corporation and an LLC?
The biggest difference between an LLC and a corporation is that the LLC allows for pass-through tax treatment, whereas the corporation does not.
Generally, corporations are taxed both at the corporate level and at the shareholder level when distributions are made to shareholders. S-corporations allow for pass-through tax treatment, but S-corporations, unlike LLCs, allow for only one class of stock and have other ownership restrictions that LLCs do not.
Bottom line, the decision whether to be a C-corporation, an S-Corporation, a limited liability company, or any other form of business entity often comes down to the type of business you are pursuing and finding a structure that is most tax efficient and easy to maintain.
What is a Nonprofit Corporation?
A nonprofit corporation is a tax-exempt entity that is generally formed to carry out charitable purposes.
Can I Use an Online Service to Incorporate My Business?
Online companies that provide incorporation services may seem like the easiest way to get your company started. However, a website cannot provide the complete legal advice you need to succeed. Partnering with a skilled business formation attorney allows you to understand the different types of entities and which type of entity is the best for your needs.
We will also provide the legal requirements and all government entities involved with the formation of your corporation, advise on operating your corporation within compliance with the law, and your ongoing legal requirements once your corporation is formed.