Starting Your Business With A Solid Foundation
We Make Business Startups Easy
Choosing the right type of company to form and the right tax status can seem overwhelming, but our attorneys make it very easy. We will talk with you about your goals and recommend the best solution for you.
Most new entities formed are LLCs because they are generally cheaper to form and there are fewer compliance requirements. LLCs can be used for any size of company, whether there will be one owner or many owners. Our attorneys handle every step of the process for you.
In some situations, our attorneys will recommend a corporation opposed to an LLC. Although a few additional steps are required, we know how to form corporations easily and efficiently.
Understand Your Tax Status
The business lawyers at Hurley Law can also advise you on the optimal tax structure for your entity, including Sole Proprietorship, Disregarded Entity, Partnership, S Corporation, and C Corporation. Many new business owners are confused by the terminology, but we make it easy for everyone to understand the differences and select the best business and tax structure for them.
Registered Agent Service
Our law firm is willing to serve as your Registered Agent with the Ohio Secretary of State at no additional fee. This helps maintain your privacy related to your home address and identity of the business owner(s).
The Steps to Properly Form an LLC
We routinely encounter clients that formed their LLC on their own or with the help of someone who is not an experienced business lawyer. Unfortunately, we routinely find problems with those LLC records. Clients sometimes end up spending more money fixing errors that could have been easily avoided. Hurley Law will take all steps to ensure your LLC is done right the first time.
Step 1 Search state and federal databases to ensure desired name is available
Step 2 File Articles of Organization
Step 3 Obtain Employer Identification Number (EIN) from IRS
Step 4 Prepare Operating Agreement
Step 5 Prepare company resolutions
Step 6 Capitalize the company