BUSINESS FORMATION
Business Formation Attorney in Polk County, Florida
Constant Law, P.A. is committed to helping entrepreneurs and small business owners throughout Florida with the process of business formation. Whether you’re launching a start-up or restructuring an existing company, selecting the right business structure is essential. The choice you make will impact your tax obligations, liability protection, and overall operations. With personalized guidance from a dedicated business formation attorney, you can confidently choose a structure that fits your long-term goals. From LLCs to corporations, Constant Law, P.A. ensures that your business starts on the right legal footing, setting you up for success.
Get legal help! Call our law office today at (863) 457-3253 or contact us online to see how we can help you.
BUSINESS FORMATION
Business Formation Attorney in Polk County, Florida
Constant Law, P.A. is committed to helping entrepreneurs and small business owners throughout Florida with the process of business formation. Whether you’re launching a start-up or restructuring an existing company, selecting the right business structure is essential. The choice you make will impact your tax obligations, liability protection, and overall operations. With personalized guidance from a dedicated business formation attorney, you can confidently choose a structure that fits your long-term goals. From LLCs to corporations, Constant Law, P.A. ensures that your business starts on the right legal footing, setting you up for success.
Get legal help! Call our law office today at (863) 457-3253 or contact us online to see how we can help you.
Corporate Formation Services
Starting your business with the right legal foundation is important to avoid costly mistakes down the road. With our corporate formation services, we help you set up your business structure—whether it’s a corporation or LLC—while ensuring you understand the rights and responsibilities of each.
Moreover, proper business formation not only protects your assets but can also reduce your tax burdens. In Florida, depending on your business type, you may need to meet specific regulatory requirements, obtain licenses, and follow employment laws. Failing to meet these obligations can lead to penalties later. Our business contract attorneys work with you to establish the appropriate structures and contracts, ensuring compliance from the beginning.
Types of Legal Business Structures in Florida
Sole Proprietorship
A sole proprietorship remains the simplest and most common type of business structure. In this setup, the individual who owns and operates the business is personally responsible for its debts and obligations since there is no legal distinction between the owner and the business.
Partnerships
In contrast, a partnership involves two or more individuals who jointly own and operate a business. Similar to a sole proprietorship, partners are personally liable for the business’s debts and obligations, as the business and owners are legally indistinguishable. Partnerships can either be general, where all partners share equal liability, or limited, where some partners have limited liability for the business’s obligations.
Limited Liability Company (LLC)
An LLC (Limited Liability Company) creates a legal distinction between the business and its owners, shielding them from personal liability for business debts. LLCs can be structured as single-member (owned by one person) or multi-member (owned by multiple individuals), and in Florida, they operate under the Florida Limited Liability Company Act. Single-member LLCs are especially popular among small business owners due to their flexibility and protections.
Corporation
Corporations, on the other hand, are legal entities owned by shareholders who elect a board of directors to oversee operations. Officers appointed by the board handle day-to-day management. Shareholders are generally not personally liable for the corporation’s debts unless they engage in illegal or fraudulent activities.
Florida offers four types of corporations: C-Corporation, S-Corporation, Professional Corporation, and Nonprofit Corporation. S-Corporations are the most common among small businesses. Establishing a corporation requires careful planning due to the complexities and legal obligations involved.
Contact Constant Law, P.A. for help with your Business and its Contract
Every business will eventually need a contract, whether it’s for employment, goods, or services. Although template contracts are available online, they often fail to address the unique needs of your specific business. At Constant Law, P.A., Marissa Constant is dedicated to providing personalized legal guidance to ensure your contracts are tailored to your business’s requirements. Additionally, she can review any existing contracts before you sign, safeguarding your interests and avoiding potential legal pitfalls. Contact Constant Law, P.A. today to discuss how Marissa can assist with your business contracts.