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Business Formation › Business Entities › Business Ownership

Business formation is the process of establishing a legal entity to carry out a particular entreprise.  The law provides several entity options, each with its own advantages and disadvantages. Limited... more +
Business formation is the process of establishing a legal entity to carry out a particular entreprise.  The law provides several entity options, each with its own advantages and disadvantages. Limited Liability Corporations (LLC), Limited Liability Partnerships (LLP), and S-Corporations are a few examples of available options. When forming a business, founders can choose whichever entity-type best aligns with their specific tax and liability needs and considerations. Other important aspects of forming a business include drafting a comprehensive business plan, choosing appropriate insurance, establishing personnel policies and protecting intellectual property.  less -
DarrowEverett LLP

Foreign Entity Qualification Requirements: New York, Florida, and Massachusetts

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For many founders, business formation in Delaware is preferrable regardless of where the business plans to operate. There are many reasons for that, including preferable corporate taxes, business friendly laws and...more

Hutchison PLLC

The Best of Founder Shares: Highlights Wisdom of Season's Guests

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At the end of every Founder Shares episode, host Trevor Schmidt poses the question, “If there's one piece of advice that you would share with somebody who's thinking about starting a company or who's currently running their...more

DarrowEverett LLP

Decisions, Decisions: Choice of Entity vs. Choice of Tax Classification

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Before forming any entity, founders need to make two fundamental decisions: which entity type is best for their business operations and which tax classification is best for the owners. Although the entity type and tax...more

Hutchison PLLC

The Force is Strong with this One – Success and Paying it Forward with Co-Founder of ChannelAdvisor and Spiffy Scot Wingo

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Do you remember when it was rare to have a computer at home? For Scot Wingo, growing up in Aiken, South Carolina, having a computer wasn't just a luxury—it was a unique advantage that would shape his entrepreneurial journey....more

Pillsbury - Propel

Choosing the Wrong Business Structure: A Startup’s Death Sentence?

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Starting a business is a thrilling journey filled with excitement, innovation and the promise of potential success. However, choosing the wrong business structure to reach your objectives can set your business on a path to...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Five Things to Know Before Starting a Business

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Starting a new business can be a very stressful endeavor, often involving significant financial risk, a possible career change, and sleepless nights ensuring your business plan is ironclad. Adding to this stress, many new...more

International Lawyers Network

Establishing a Business Entity in Kenya

International Lawyers Network on

[co-author: Mourice Okon] a) Types of business entities in Kenya - Kenya has 5 main types of business entities that is, sole proprietorships, partnerships, limited liability partnerships, companies, non-governmental...more

International Lawyers Network

Establishing a Business Entity in Hungary (Updated)

International Lawyers Network on

Since 1990, the Hungarian economy is based on the principles of market economy and considers the freedom of economic competition as a priority. On such basis, the regulation of business associations went through significant...more

International Lawyers Network

Establishing a Business Entity in Brazil (Updated)

International Lawyers Network on

The two most common forms of legal entities incorporated in Brazil are the limited liability company (“Limitada”) and the corporation (“S.A.”). These are considered the most attractive types of companies given that they ...more

DarrowEverett LLP

Location, Location, Location: Asset Protection for LLC Founders

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A primary focus when starting a business should answer this question: What structure provides the most protection? New founders can get bogged down in the minutia about whether to choose a corporation or a limited liability...more

International Lawyers Network

Establishing a Business Entity in Hungary (Updated)

International Lawyers Network on

Since 1990, the Hungarian economy is based on the principles of market economy and considers the freedom of economic competition as a priority. On such basis, the regulation of business associations went through significant...more

Orrick, Herrington & Sutcliffe LLP

Founder Series: Top Tips to Follow When Flipping to a Delaware Corporation

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Orrick's Founder Series offers monthly top tips for UK startups on key considerations at each stage of their lifecycle, from incorporating a company through to possible exit strategies. The Series is written by members of our...more

International Lawyers Network

Establishing A Business Entity In Costa Rica (Updated)

International Lawyers Network on

1. Types of Business Entities in Costa Rica - The most common types of business entities in Costa Rica are Corporations, known as Sociedades Anónimas (also referred to as “S.A.”), and Limited Liability Companies, known as...more

International Lawyers Network

Establishing A Business Entity In Brazil (Updated)

International Lawyers Network on

The two most common forms of legal entities incorporated in Brazil are the limited liability company (“Limitada”) and the corporation (“S.A.”). These are considered the most attractive types of companies given that they are...more

Cadwalader, Wickersham & Taft LLP

A Veterans Day Salute November 2022 | Issue No. 200 - The Jersey LLC Has Arrived

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On 1 September 2022, the Limited Liability Companies (Jersey) Law 2018 (“LLC Law”) came into force, allowing limited liability companies (“LLCs”) to be established in Jersey. Jersey has introduced the LLC to attract U.S....more

Hutchison PLLC

Tips for Setting Up U.S. Operations

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More and more foreign companies contemplate establishing operations in the U.S. due to American consumers spending money on every kind of product and service, the availability of capital and the attractive acquisition...more

McAfee & Taft

A case for the Series LLC - Gavel to Gavel

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The limited liability company, or LLC, has become the go-to business entity form for the combined liability protection and favorable tax treatment, but few are aware of the LLC sub-form that provides additional asset...more

Carlton Fields

Ledgers and Law: Start With an Ending in Mind When Building a New Business

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Starting a business is not for the faint of heart. Your best chance at survival and success is to plan out the life cycle of your company from the beginning and how you are going to exit at the end. The decisions you make...more

McDermott Will & Emery

[Webinar] Startup-Woche Düsseldorf | Legal FAQs: Die wichtigsten Fragen & Antworten - September 17th, 10:00 am - 11:30 am CET

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Welche rechtlichen Stolpersteine solltest du beim Gründen und Wachsen beachten? Bei unserem Online-Seminar „Legal FAQs: Die wichtigsten Fragen & Antworten“ stehen dir unsere Experten Rede und Antwort. Auch 2020 ist McDermott...more

McDermott Will & Emery

[Webinar] Startup Week Düsseldorf | Legal FAQs: The most important questions & answers - September 17th, 10:00 am - 11:30 am CET

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What legal stumbling blocks should you be aware of when founding and growing? Our experts are available to answer your questions at our online seminar “Legal FAQs: The most important questions and answers”. In 2020,...more

Farrell Fritz, P.C.

Episode 19: The LLC’s Two Worlds: A Conversation with Professor Peter Molk (Part One)

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This episode features Part One of a two-part conversation with Associate Professor Peter Molk who teaches business law at the University of Florida Levin College of Law and who recently published in the U.C. Davis Law Review...more

Verrill

Lawyers on Tap: Tap Tips for Entity Formation and Taxation

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In this episode of Verrill Voices: Lawyers on Tap, Verrill Dana attorneys Jennifer Green and Jonathan Dunitz discuss the importance of entity formation to the overall success of a brewery business, and the differences between...more

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