Business Entity Formation Lawyers

Assisting Business Owners In Dallas

There are many different types of entities that your business can be formed under, including:

• Corporations
• Sole proprietorships
• Partnerships
• Limited partnerships
• Limited liability companies

To avoid tax liability and concerns, it is important to choose the right entity that meets the varying demands and structure of the business’s operations. Business entity formation is one of the most crucial aspects of a successful company.

At Mathur Law Offices, our attorneys have been helping clients throughout Texas since 1999 with their entity formation and operations. From new businesses to large companies, we have the skills and experience that you need to ensure your company is legally protected.

Call (888) 867-5191 to find out what our team of lawyers can do for your business.

Services That Our Legal Team Provide

• Incorporating business entities
• Drafting and negotiating agreements between shareholders
• Assistance with state filings for limited liability companies
• Drafting and negotiating operating agreements
• Managing and updating annual corporate minutes and corporate books
• Creating limited partnerships , general partnerships, and partnership governing documents
• Preparing and filing trade names with the Texas Department of State

Types of Business Entity Formation

• Corporation: These businesses have a legal status that is separated from their owners. This allows stockholders to invest capital in your business without getting involved in management.
• Proprietorship: This type of business does not have separate legal status apart from the owner. The owner of a proprietorship maintains control of business operations. Because there is no separate legal structure, a proprietorship is easier to operate and more flexible than other types of business entities.
• General Partnership: This entity formation is for two or more people operating a business for profit as co-owners. Ownership isn’t separate, which allows the owners to maintain control of the business and its assets. This type of operation will usually be less expensive than forming a corporation.
• Limited Partnership: Under a limited partnership, the general partner operates the business and one or more limited partners contribute investment capital but do not participate in the management of the company. While liability is limited for the limited partner, the general partner is subject to unlimited liability for contractual or tort damage.
• Limited Liability Company: This type of entity provides members with the corporate benefit of limited liability. It also includes the partnership benefit of having one level of income taxation. LLCs can be member-managed or manager-managed.

Speak to Our Attorneys About Your Business

If you need advice about what entity your business should be formed under, you should consult with our Dallas business attorneys to find out how to protect your interests. We can assess your situation and determine the appropriate entity for your company. Let us put our skills and resources to work for you today.

Contact our Dallas business lawyer to set up a consultation with our legal professionals.