An attorney can benefit you if you are not sure what type of business entity is best for your company. Also, If you do not know the legal and tax differences between a Corporation, and a Limited Liability Company (LLC), an attorney can help you understand your options and guide you into the most beneficial form of business for your needs.
The most common reason people use a Corporation or LLC for their business is to protect their personal assets from being at risk for the debts and obligations of the business, particularly in the event of litigation. However, certain formalities must be followed in order to ensure that this liability shield is valid and that a court cannot “pierce the veil” to hold the business owners personally liable for business obligations. An attorney can guide you through the required formalities, draft the proper liability protective language, and assist you with your duties as a business owner, including any annual required business filings, which will ensure that your personal assets are protected from business liabilities. Furthermore, Do-It-Yourself forms do not adequately address these issues and what will happen in the event of disputes between owners or if one owner files for bankruptcy.
Attorney Karmen A. Booker of Compu-Perfect Professional Services will assist you by drafting all of the documents needed for your business formation, filing all initial paperwork, and by explaining all corporate formalities and ongoing required business filings to you in an easy to understand manner. Consulting her for your LLC formation or incorporation will allow you to spend your time more productively on other new business issues, and will give you peace of mind that your business entity has been formed correctly.
CALL Attorney Booker at (301) 408-1082 or email her at kbooker533@gmail.com.
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