Business Formation
Realize your dream of starting a business with our business formation attorneys
Business Formation Attorney In New York
Getting Your Business Off On The Right Foot
So, you're ready to take the exciting step of turning your vision into a tangible reality. However, this journey is not without its challenges, as it carries a myriad of risks that you must navigate carefully. While the Auerbach Law Group, P.C. in New York cannot directly assist with logistical obstacles that you may encounter, we are here to safeguard your venture from potential legal pitfalls that can arise during the critical process of business formation.
Our seasoned team of business formation attorneys is fully prepared to guide you in selecting the most advantageous legal structure tailored to your individual circumstances and specific needs. Having successfully helped countless businesses establish a solid legal foundation over the years, we have the experience and capacity to make a significant positive difference in your entrepreneurial journey. Don’t hesitate—begin your entrepreneurial adventure today with Auerbach Law Group, P.C. and set your venture on the path to success!
Call Auerbach Law Group, P.C. at 914-996-6624 to schedule a consultation with a lawyer today.
What Type of Business Structure Should I Choose – Corporation or Partnership?
Navigating the complex realm of business structures can be challenging. At Auerbach Law Group, P.C. in New York, we can help you figure out the most suitable structure for your business needs. Whether you are thinking about forming a corporation, where stakeholders can rest assured that their personal assets will be safe even in the face of hefty investment losses, or a riskier partnership, we can guide you.
In a general partnership, liability extends to all partners for both company debts and actions of other partners. A limited partnership, on the other hand, leaves only certain partners liable for the company's debts. Delve into these complexities with help from
Auerbach Law Group, P.C.. We strongly recommend not starting your business without comprehensive understanding of your chosen structure. Book a consultation with Auerbach Law Group, P.C. to learn which type of business setup is most ideal for your situation.
Are There Any Other Structural Options for My Business?
Most emerging businesses prefer the limited liability company (LLC) option for a variety of compelling reasons. LLCs uniquely combine the significant advantages of corporations' liability protection with the flexibility to choose how profits are distributed among members. This structure allows owners to enjoy personal asset protection while also enabling them to dictate how earnings are allocated. Additionally, LLCs qualify for the advantageous pass-through tax option, which permits them to opt for individual income tax rates—typically lower than the more substantial rates imposed on corporations. This feature can lead to considerable tax savings for business owners.
At Auerbach Law Group, P.C. in New York, you will find a proficient legal team committed to guiding you through the complex business formation process. They will assist you in identifying which structural option best suits your unique needs and circumstances. Don’t hesitate to reach out today to schedule a consultation with one of our highly-qualified attorneys at Auerbach Law Group, P.C., and take the first step toward establishing a solid foundation for your business venture.
Have Questions?
Call Auerbach Law Group, P.C. at 914-996-6624 today to speak to an attorney.