San Antonio Business Formation Attorney

While fulfilling your dream of starting a new business in Texas is likely exciting, it can also feel overwhelming. After all, there are a lot of details to consider if you want your business to stand the test of time, and many involve business law. This is why you should hire a skilled San Antonio business attorney to lead you through the legal aspects of getting your new business up and running.

In particular, you should hire an experienced San Antonio business formation lawyer from Cormican Law PLLC. Our team can provide you with the guidance you need on a variety of legal decisions, from choosing your business structure, creating partnership agreements, to ensuring compliance when it comes to tax obligations and other legal issues. Call our San Antonio law firm today to schedule a meeting with our trusted lawyer.

If you’ve never hired a lawyer before or are not sure if you need one to assist with setting up your new venture in Texas, it’s helpful to learn which legal tasks they can take on. Some of the most common legal services business formation lawyers offer include:

• Applying for business licenses and permits
• Drafting the founding documents
• Buying the right business insurance policy
• Learning which state and federal regulations to adhere to
• Finding ways for business owners to minimize personal liability
• Deciding which business entity to form
• Creating and reviewing business contracts
• Protecting intellectual property

If you find yourself wondering what many of these legal actions are and why you would need to take them, reach out to our San Antonio law firm to arrange for legal advice as you set up your business.

One of the most common ways for business formation lawyers to assist business owners is by helping them select the right business structure. There are several to choose from, and the one you pick will affect how you’re taxed, how much liability you have, and the flexibility you have when managing your company.

A Texas business lawyer will ensure you understand the details regarding each business entity, which include:

• Sole proprietorship: This is considered the simplest business structure since the owner and company are legally considered the same. As a result, the owner takes on unlimited personal liability for the business’s debts and any legal actions against the company, putting personal assets at risk
• Partnership: This means two or more partners share ownership, profits, and liabilities. You can choose from a limited partnership (LP), limited liability partnership (LLP), and general partnership (GP), depending on the liability protection you desire
• Limited liability company (LLC): This business entity combines factors of partnerships and corporations, offering limited liability protection for the owners and flexibility in the management of the business while also providing tax advantages
• Corporation (C-corp): This separate legal entity also protects the business owner from having personal liability for the business. It also lets owners sell stock, but the downside is double taxation since both the corporation and the owner have to pay taxes on their profits and offers owners less flexibility in the way the business is managed and taxed

If you’re trying to decide which business structure works best for your new company, you should seek legal counsel for guidance in choosing the most appropriate entity. Contact our business law office today for legal representation from a knowledgeable attorney eager to assist with the legal challenges of starting and operating small businesses in Texas.

Establishing a business in Texas requires you to create, sign, and negotiate a variety of legal documents to protect yourself, your partners, and your future clients or customers. A skilled San Antonio business lawyer will assist with this to ensure you meet all legal requirements necessary for running a successful business in this state.

Some examples of contracts that many businesses should have include:

• Partnership agreements
• Non-disclosure agreements
• Operating agreements
• Non-compete agreements
• Employment contracts
• Shareholder agreements
• Service agreements
• Vendor contracts
• Lease agreements
• Terms and Conditions

Creating these and other applicable documents can help large and small businesses avoid the courtroom as much as possible since business litigation is less likely with clear contracts in place. Our team will work closely with you to determine which contracts you need before drafting them for you. Call us today to learn more about how our exceptional legal services can help lead to your success as a business owner.

The specific legal services you need will depend on the size of your company and the industry you’re in. However, all business owners can benefit from getting advice on everything from the crucial business agreements they need to the right legal structure for their new company.

When you hire Cormican Law PLLC, a skilled lawyer will let you know what to expect when it comes to your legal needs. If you’re ready to discuss your business goals and determine the right legal strategy to help you meet them, call our San Antonio law firm at 210-610-1483.