Business formation is a key stage for your new venture. The choices that you make now and how you reflect them on paper could dictate the success of your business in the future. The actual paperwork is critical, and you must pay close attention to it. Here are some of the key required filings to form a business.
Depending on your form of business, you will either need to file articles of incorporation or organization. These legally memorialize the formation of the company, and they are filed with the Secretary of State. Once you file these articles, you will also need to file an annual report with the state that includes a filing fee.
You would also need to file with the IRS to request an Employer Identification Number if you plan on employing others. If you want your business to be treated as an S-Corporation for taxation purposes, you would need to file Form S-2553. You may also need to file for professional licenses and permits to operate your business.
There are other documents that you are required to have by corporate law, but you do not need to actually file them with the state. For example, some states require an LLC to have an operating agreement. Corporations are also required to have bylaws that dictate how the corporation will be run. However, you do not need to actually file these documents.
An experienced corporate attorney would work with you to ensure that you know all the filing requirements and that the documents are correctly prepared.
Contact a Miami Business Law Attorney Today
Attorney Daniel Diaz P.C. assists start-up businesses by explaining the legal formation process and working with you on the necessary documents. To schedule a time to speak with an attorney, contact us online or call us at 786.697.1428.
