Choosing the proper form of business entity can protect your personal assets from the liabilities of running a business, offer tax advantages under the right circumstances, and may provide ownership or governance regulation that can assist you in attracting and raising capital from outside sources.
The most common types of business entities are C-corporation, S-corporation, limited liability company, limited partnership, general partnership, and limited liability partnership. Each applies differently to liability limitation, tax treatment, and governance so the entity should be selected with consideration to your current and future plans and expectations. Our business attorneys will assist you in recognizing which entity structure will best suit you and your personal circumstances and objectives, as well as how you expect your business to be financed and generate profits.
Related legal transactions are constantly evolving with administrative regulations and guidelines that vary depending on the type of entity you have selected. Our business attorneys will keep you up-to-date on federal or state laws to assist your business in meeting all legal requirements. Our business attorneys will assist you, also, in creating ownership and governing agreements to facilitate predictable and consistent regulations and guidelines to protect owners, directors, managers and officers and support them in fulfilling their professional responsibilities and legal duties.
Our business attorneys have specific experience working with entrepreneurs to provide unique legal counsel for start-up and emerging enterprises.
Our firm’s transactional practice can assist clients in planning for, forming, and organizing business entities of all types. We meet with clients, analyze their specific business needs, and make sure that we advise them in creating the proper business entity that best suits their needs. We have experience in all Texas business entities, including but not limited to, limited liability companies, general partnerships, limited partnerships, limited liability partnerships, for-profit and not-for-profit corporations, joint ventures, and trusts, as well as other structures that may vary by state.
Experience in both corporate and commercial law as well as complimentary experience in corporate and commercial litigation allow us to advise you on the advantages and disadvantages when it comes to picking a specific business formation.
As a corporate and commercial law firm our corporate and commercial attorneys can assist with advising on mergers and acquisitions legal issues. See our Corporate & Commercial service line page for additional information about mergers and acquisitions legal services.