Business Formation

We assist individuals and groups in setting up businesses. We review your concept of business and take into account such things as liability, tax, and capital access issues in determining the most suitable entity for the entrepreneur. We then determine the best location to license the entity taking into account costs of establishment, annual fees and maintenance, the market to be served and the number likely to be involved in ownership of the enterprise.

Tax Aspects in Selecting a Business Entity
By John F. Rodgers
The four major forms of business entities: corporations, partnerships, trusts and sole proprietorships recently have been joined by an ever increasingly popular statutory, creation – the limited liability company. Many states now have such statutes, but not all are identical. An LLC is meant to be a more user-friendly entity, eliminating the need for annual meetings and allowing taxation as a corporation, partnership, or sole proprietorship while providing a shield to liability – both in time and contract. asd details