Experienced Texas Attorneys Counsel Startup Business Entities
Trusted Royse City firm helps establish corporations, partnerships and LLCs
Choosing the right form of organization is the first step to setting a business up for success. The type of entity you create will determine your state and federal tax obligations, potential liability as an owner and various other legal implications. The attorneys of Vice & Henley, PLLC in Royse City advise clients in Rockwall County and the Dallas-Fort Worth metroplex on the formation of for-profit and nonprofit corporations, partnerships and limited liability companies (LLCs). We provide personalized advice on the type of entity best suited for your business and guide you through the organizational process.
Informed lawyers advise clients on liability considerations
The type of entity that will be most appropriate for your business will depend on a number of factors, including the nature of the business, planned management structure, staffing requirements, projected revenue and expenses, long-term growth goals, level of risk involved, market demand for products or services and available capitalization.
We will work one-on-one with you to analyze the potential benefits and drawbacks of the various entity types available. The form best suited to your business needs may be one of the following:
- Limited liability company (LLC)
- Limited liability partnership (LLP)
- Professional limited liability company (PLLC)
- Professional corporation (PC)
- Nonprofit 501(c)(3) organization
Once you settle on the preferred structure, we will assist you in the state filings and other steps needed to ensure that the business is compliant with state law.
Skilled advisors assist with formational and operational documents
We work with business owners and directors to file all necessary government forms and reports and to draft and review internal documents and agreements. These may include:
- Formational documents — All business entities must file a certificate of incorporation or certificate of formation with the Texas Secretary of State, including information about the organization’s management structure and ownership.
- Bylaws — Bylaws set forth clear rules for directors and shareholders to follow in the normal operation of a corporation, as well as procedures for changes in ownership and management.
- Partnership agreements — A partnership agreement is a contract between co-owners that dictates partners’ rights and powers and describes how profits and losses will be divided among them. The document also describes how the partnership may be altered or ended.
- Shareholder agreements — A shareholder agreement states the rights and responsibilities of a corporation’s shareholders, and details how shareholder disputes should be addressed.
- LLC operating agreements — Similar to a partnership or shareholder agreement, an operating agreement governs internal affairs of an LLC, outlining how financial and functional decisions are made.
Our team of business attorneys will work closely with you to make sure these essential documents most effectively address your business situation and allow for future growth.
Contact knowledgeable Rockwall County business entity formation attorneys today
From our office in Royse City, Texas, the business law attorneys of Vice & Henley, PLLC advise startup businesses in the Dallas-Fort Worth metroplex and surrounding areas. To schedule a free initial consultation, call 469-402-0450 or contact us online.