Business Entity Formation
Business Attorneys
The decision to start a business raises a number of legal, tax and financial issues. The attorneys at Odin Feldman Pittleman, work closely with clients and explain tax ramifications, liability and indemnification concerns and financial reporting obligations associated with different business entities. We assist clients with forming their businesses in Virginia, Maryland, Washington, D.C., and throughout the United States.
Our attorneys assist clients in the selection of an appropriate business structure: S corporations, C corporations, limited liability companies (LLCs), professional limited liability companies (PLLCs), partnerships, limited partnerships, sole proprietorships, nonprofit organizations and joint ventures.
For clients who form corporations, we draft articles of incorporation, bylaws, organizational minutes and shareholder agreements to establish processes relating to corporate governance, stock transfer restrictions, reporting mechanisms and dispute resolution provisions that ensure the achievement of the specific goals of the owners and managers of the business. We also review our client’s existing estate plan to ensure the provisions contained in the company’s articles of incorporation and bylaws agree with any provisions contained in a trust or business succession plan.
For clients who form partnerships and limited liability companies, we draft certificates of formation or articles of organization and partnership agreements or operating agreements to provide clarity on how the business will run into the future.
Knowing that businesses change over time in response to market conditions, we create ongoing consultative relationships with clients.