When clients start a business, they need advice and counseling to navigate through the numerous options now available in most jurisdictions regarding business formation. Our business lawyers are well versed in the pros and cons of using corporations (S or C), limited liability companies, limited partnerships, and other entities to achieve the primary objectives of the investors and operators of a new business. We work closely with our clients to understand their future plans for growth, operations, capital raising, and exit to select the most advantageous ownership, capital and governance structure. In addition, our attorneys provide advice on the structuring of holding companies, operating companies, management companies, joint ventures, and strategic alliances.
In each approach, we offer the correct mix of risk mitigation, asset protection, ownership flexibility, financing arrangements, optimal structures for liquidity events, and management and governance options. Our attorneys also understand that choices made in the first days of establishing a new business, or a new project within an existing business, have tax consequences reaching far into the future. We help our clients lay a firm foundation for future success by matching entity form and financial structure to the anticipated needs and qualities of the enterprise, and by making certain that, whatever the form chosen, our clients have maximum flexibility to meet the business challenges they face in a tax-efficient manner. We also work closely with accountants and other financial managers and advisors to make certain that everyone understands tax-related issues.
Our services include managing the following situations and concerns:
- C corporations and S corporations
- Limited liability companies
- Limited partnerships and general partnerships
- Joint ventures
- Business trusts
- Tax implications of capital structure
- State and local tax effects