What Form of Business is Right for You?
California Business Formation Attorney
Dublin Corporation and Partnership Lawyer
Phone: (925) 478-7003
Before filing for a California business license, one of the most important decisions is selecting the right form of business. Based in Dublin, California, the business formation attorneys at the Mugg and Tang, LLP can assist you in making this crucial choice.
We will explain the benefits and limitations of each entity, and discuss your goals and concerns, then assist you in choosing the business entity that will best serve your goals.
Choices of business entities include:
- Sole proprietorship
- General partnership
- Limited liability partnership (LLP)
- Limited liability company (LLC)
- Corporation
When considering these options, you should consider the management, liability, transferability, and tax aspects of each of these forms of business.
When assisting you with you business formation selection, our attorneys may ask the following questions:
- What is your current form of business?
- What are your liability and tax concerns?
- How many principals and employees are there currently?
- Do you plan to expand with debt or equity financing?
- How are responsibilities allocated among principals and employees?
- How much liability insurance does your business currently carry?
- Are there any merger plans on the horizon?
- How much business does your company do out of state?
- What is your exit plan?
At the Mugg and Tang, LLP, our lawyers are equipped to serve your transactional and counseling needs nationwide.
To receive legal advice about a California business license or to discuss your business formation issues with one of our experienced lawyers, please schedule a consultation by calling us at (925) 478-7003.
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