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Incorporations and Partnership Formations
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Dissolving Corporations
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LLC Formation
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Shareholder Agreements
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Non-compete Agreements
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Employment Contracts
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Sub Chapter S Corporations
One of the most important business decision you will make is what type entity you should operate under. Campbell & Coombs, P.C. will assist you and work closely with your accountant and tax advisor in selecting the right type of business for you. We can help you choose between sole proprietorship, corporation, limited liability company (LLC) and partnership options. Campbell & Coombs then stands ready to provide you with the advice and guidance to meet your legal needs after formation.
COMMON QUESTIONS:
- Why Would I Incorporate?
- What Is The Most Common Business Entity Today?
- What Is The Difference Between A Corporation, Partnership, Limited Partnership, And Limited Liability Company?
- How Long Does It Take To Become Incorporated As A Corporation?
- What Kind Of Information Will I Need To Provide To Become Incorporated?
Why Would I Incorporate?
A corporation is a separate entity. This entity acts like another person. If done properly this can protect you and your personal possessions. There are also tax advantages that may accrue because of the incorporation.
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What Is The Most Common Business Entity Today?
Your choice of business entity is important because it will affect your business for accounting and tax purposes, ease of business operation and protection of you from personal liability for business debts. Corporations and Limited Liability Companies (LLC) are by far the most common types of organizations used today.
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What Is The Difference Between A Corporation, Partnership, Limited Partnership, And Limited Liability Company?
Significant differences exist between these basic forms of business organization. Please click on the button for a chart showing these differences.
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How Long Does It Take To Become Incorporated As A Corporation?
Campbell & Coombs, P.C. can file your articles of incorporation within 24 hours. By paying an extra filing fee to the Corporation Commission, approval can be obtained in 72 hours. Unlike the non-attorney or paralegal services you see advertised, Campbell & Coombs, P.C. does not stop its representation here. We also obtain your corporate minute book, handle the publication of your articles, prepare your by-laws, and conduct your initial shareholders and directors meetings. In order to gain the benefits of incorporation, you must complete all your corporate formalities and start acting like a corporation. Campbell & Coombs makes sure that you are ready to do this.
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What Kind Of Information Will I Need To Provide To Become Incorporated?
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2-3 possible corporate names
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whether any officers have been involved in a bankruptcy, or been convicted of a felony
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names of initial directors
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physical address of the business
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description of the initial business
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profit or nonprofit status
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number of shares (profit only)
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name and street address of shareholders
