Business Lawyer Houston, TX
Houston Business Lawyer, TX
Business Formation
When starting a business in Texas, it is wise to work with a seasoned law firm that can help ensure businesses comply with state and federal business laws. Our Law Firm assists entrepreneurs in Houston and the surrounding areas with starting businesses in diverse industries.
Selecting a business entity
The purpose of the business, the type of industry, and business expansion plans are pivotal for business formation that is best suited for a client’s objectives. Under the guidance of an experienced business lawyer, an entrepreneur can evaluate the advantages and disadvantages that different business entities can provide. Various types of business entities exist, including:
C Corporatrion
S corporation
Limited liability company (LLC)
Series LLC
Limited partnership (LP)
General partnership
Limited liability partnership (LLP)
Sole proprietorship
Nonprofit corporation
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Factors to consider when starting a business
Tax minimization and liability protection are major factors in deciding on the type of business structure. For example, when forming an LLC, while liability protection is similar to a corporation, taxation is quite different. Formation requires filing Certificate of Formation with the Texas Secretary of State. Forming corporations also requires filing a Certificate of Formation with the Texas Secretary of State. Our law firm can assist clients with choosing a company name that distinguishes their business from other similar businesses so as not to mislead the public. Both corporations and LLCs must have registered agents for service of process. An agent’s function is receiving legal papers on behalf of the corporation or the LLC in the event of litigation.
Federal, state and local statutes dictate the rules business owners must follow when selecting a business entity, financing the business, deciding on a commercial location and obtaining required permit registration or business licenses.
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The future success of any business begins with initial planning and business formation, which may involve sophisticated issues and require careful consideration. The Law Office of Rochelle Davis brings experience to the table along with credentials, knowledge and skills that make us exceptionally qualified to assist entrepreneurs and investors who are starting businesses in Houston and the surrounding areas. For more information regarding our business formation practice, please CALL US NOW to schedule a consultation.