If you are starting a business in New York, it is imperative that you choose the business form that best serves your business model. Your choice of business form may determine how your business distributes profits, assigns responsibility for debts and legal liabilities, pays its taxes, communicates with investors or shareholders, as well as the type of insurance it requires.
There are available options, including C or S corporations, limited liability companies, partnerships and sole proprietorships. Depending on factors such as the nature of your commercial transactions, the number of owners and your capitalization structure, you may even be eligible to incorporate in a different state and simply obtain a license to do business in New York state.
Our law firm brings extensive experience to business formation. We have helped many business owners choose a business form in the startup phase as well as existing business owners that desire a change of entity structure.
We also stay current on the most recent developments in case law regarding business forms, such as the different liability of single member versus multiple-member LLC's. We will take the time to get to know your business in order to guide you through an informed decision.
Our representation does not end when your company is formed. For most of our business clients, we have continued to provide legal representation and advice for many years after they are created, assisting in their growth and prosperity.
With offices located in Montgomery and Beacon, we are a convenient resource for commercial clients located throughout New York's Hudson Valley. To schedule a consultation at one of our offices, call 845-457-5332 or complete our online contact form.
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