There are many different types of legal entities recognized in the State of Florida. Each type of entity has different requirements, different tax ramifications, and different fees. The primary purpose of setting up a formal legal entity for your business is to protect yourself and your personal assets from liability arising out of the operation of your business. Our attorneys can advise you on the type of legal entity that best suits you and your business and help you file the appropriate documentation with the State of Florida and the IRS.
In addition to the initial filings with the State, it is often advisable to prepare the appropriate governing documents for your business. These governing documents generally spell out how your business is going to operate on a day-to-day basis and who has the authority to make decisions on behalf of your business. Importantly, these governing documents also address who is in charge of the business if you fall ill or incapacitated and whether your business is be dissolved or continued by a designated successor upon your passing.
As a business owner, you often have to wear many hats. We understand; we’re business owners, too. Our office offers representation to business owners to help with the ordinary legal issues that arise in the day-to-day operation of your business. Our business services include drafting and reviewing contracts, corporate governance, providing advice and consultation regarding possible liability against your business, and representing your business in litigation, if necessary. If you and your business can benefit from a trusted legal advisor, please call our office and see how our team can assist you and your team.