Early on, one of the most critical decisions budding entrepreneurs face is choosing the legal structure of their new organization.
At Long Bay Law, we help clients to understand the technical differences between forming a corporation, a limited liability company, a joint venture, partnerships, and other possible legal structures. Then we assist them with handling not only the legal but also the practical aspects of business formation.
It’s important to weigh multiple criteria like the variable degrees of legal liability one might face contingent upon legal structure as well as the tax ramifications, filing costs, ongoing administration, and making sure that the future needs of the business and its’ growth are properly anticipated.
If you are starting a new business, contact Long Bay Law TODAY and let us assist you with the development of and fulfillment of a solid business plan along with protection from unnecessary risk and expense.
We’re here to help!