Miami Business Formation Attorney

Your business begins when you incorporate and draft the relevant corporate documents that determine how your company will operate. While these may seem like routine matters, they are anything but. Your choices during this time will help get your company off the ground.

Your first decision is what type of corporate form to select. There are a number of choices, including:

• Limited liability corporations
• Partnerships
• Corporations
• Sole proprietorship

Your choice of corporate form could impact whether you have personal liability in connection with your business. Your decision would also impact your potential tax liability.

Depending on the type of corporate form that you have selected, you will also need operating rules for your business. For example, every partnership needs a partnership agreement that sets the roles and relationships of the partners with each other. Corporations will need bylaws, and an LLC will need an operating agreement. These should not be off-the-shelf documents, but they should reflect the realities of your particular business. In other words, an experienced attorney should play a key role in drafting and reviewing these documents.

The work that you do in the business formation stage could make your business more attractive to potential partners, customers, and investors. When you are seeking startup capital, a bank or investor will closely review your business documents to verify that you have an infrastructure in place that would make your company a safer risk for them. Hiring an attorney to work with you through the business formation process is a worthwhile investment in the future of your company.

Call a Miami Business Formations Lawyer

If you are considering forming a business, it is always better to be ready with an attorney from day one because it will reduce the chances of legal problems. To get it done right, contact a Miami business formations lawyer at Daniel D. Diaz, PA, online or call us at 786.256.3299.