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Reston Business Entity Formation Attorneys
How Will Your Business Be Structured?
The decision to start a business raises a variety of legal, tax, and financial issues that must be carefully examined before incorporating or starting a business. You will need to thoroughly evaluate tax ramifications, liability and indemnification concerns, and financial reporting obligations associated with different types of business entities.
Our team at Zell Law is made up of experienced entrepreneurs, and we can guide you through the process of selecting a business entity and laying the legal foundation for success. Our business entity formation lawyers can also provide counsel and representation at every stage of your company’s lifecycle. We are invested in your enterprise’s success and can serve as a one-stop-shop for all of your legal needs.
Choosing a Business Entity
Selecting the appropriate business entity is a pivotal step in creating a new business. We can evaluate your venture’s short- and long-term goals and advise what entity type will be most conducive to achieving them.
Many business entity types are potentially available, including:
- S Corporations
- C Corporations
- Limited Liability Companies (LLCs)
- Professional Limited Liability Companies (PLCCs)
- Limited Partnerships (LPs) and Limited Liability Partnerships (LLPs)
- Sole Proprietorships
- Non-Profit Organizations
- Joint Ventures
Corporate entities are especially complex. You will need articles of incorporation, bylaws, organizational minutes, and shareholder agreements in order to put in place desired processes relating to corporate governance, stock transfer restrictions, reporting mechanisms, dispute resolution provisions, and other matters that ensure achievement of the specific goals of the owners and managers of the business. You also will want to review your existing estate plan to ensure that the provisions contained in the company’s articles of incorporation and bylaws agree with any provisions contained in a trust or business succession plan.
For partnerships and limited liability companies, you will need certificates of formation or articles of organization in addition to partnership agreements or operating agreements. These essential documents will define how your business will be run as well as the goals and objectives of the business owners.
Your new business will need legal agreements and documents to establish ownership, organizational structure, and mechanisms for dispute resolution. Our team can identify and prepare the paperwork you need to get your business off the ground.
Depending on the nature and organization of your business, you may need to sign:
- Partnership Agreements
- Buy-Sell Agreements
- Stockholder/Shareholder Agreements
- Voting Agreements
- Operating Agreements
- Investor Rights Agreements
- Right of First Refusal Agreements
- Co-Sale Agreements
Evaluating Merger and Acquisition Opportunities
There may come a time where you are ready to exit your venture or have the chance to acquire another enterprise. Mergers and acquisitions are inherently complex legal transactions that will require careful legal guidance. You must take steps to ensure the deal is structured in your best interest and that the transaction meets all regulatory requirements.
Our Reston business entity formation attorneys can assist you with:
- Due Diligence Review of Corporate Records and Contracts
- Sale and Purchase of Stocks or Assets (or Both)
- Conversions from or into an LLC
- Conversions into a Corporation
Avoiding Unwanted Liability
Because most businesses start out as small ventures managed by friends and family members, money is often pooled in one account and mixed with personal funds. However, once you decide to form a business, it is extremely important to put procedures and reporting requirements for the handling of company funds in place. This will ensure a measure of transparency and protect your company from financial mismanagement by a business partner and from claims from outside creditors.
Our Reston business entity formation lawyers can provide your venture with the guidance it needs to succeed. Our team at Zell Law can draw on our decades of experience to help you and your partners make informed decisions and avoid common errors. We emphasize resilience and proactive thinking in our business planning and are consequently responsive to evolving legal landscapes and shifting regulatory environments. Our firm can help your business anticipate and adapt to changing circumstances and will work to put your venture in the best possible position.
Businesses Started 500+
M&A Transactions Handled 110+
Clients Served 3,000+
Trusts Created 2,500+