Business Formation Lawyers
Experienced, Reliable, and Thorough Business Formation Lawyers in Indiana
We’ll Handle the Legal Burden While You Focus on Running Your Business
Although starting a business is exciting, it can also be overwhelming. The legal complexities and the critical decisions required can make the process daunting. Fortunately, that’s where we come in at Church, Langdon, Lopp, Banet Law.
We guide you through the intricate process of forming your business, from selecting the right structure to maintaining compliance. We work hand in hand with you, helping you get everything right from the start to build a solid foundation.
Our 25 years of combined experience solving various legal matters for individuals and businesses give us insight to handle all types of cases skillfully. What sets us apart is our commitment to providing personalized and client-focused service. We take time to understand your vision and customize our approach to meet your needs. So, no matter what your goals are, we’ll commit our resources, skills, and expertise to make them happen.
Contact our business lawyers now at (812) 725-8226 to learn more about how we can help you with your business formation.
Why Choose Our Business Formation Lawyers?
Work with Attorneys Who Have What It Takes to Set Your Business on the Right Path
Choosing the right legal team to assist with your business formation is necessary when setting your business up for success. With years of practice dedicated to helping entrepreneurs start their businesses, our team is well-equipped to help you structure your business. We possess extensive knowledge and experience in business law, and our expertise covers all areas of business formation.
Our attorneys have successfully helped many businesses through the formation process, enabling us to build a track record of excellence. We also have a robust staff capacity, including highly qualified litigators, paralegals, and external support to give your case the backing it deserves.
Besides our experience, capacity, and expertise, what makes our clients choose us is how we put them first. We understand your unique goals and challenges and work relentlessly to protect your interests. Our commitment to ensuring client satisfaction is why many entrepreneurs rely on us to guide them through their business formation process.
Choosing our law firm means choosing a team that combines expertise, authority, and resources to provide unparalleled support for your business. We’re here to guide you through the complexities of business formation so you can get the best possible outcomes.
Talk to our lawyers now to discuss more about your business formation plan.
What Form of Entity Is Best for Your Business?
Know The Different Ways to Structure Your Business
Choosing the right business formation influences every aspect of your business, from legal obligations to taxes and control and management. Here are the main types of entities you can form with your business:
Sole Proprietorship
A sole proprietorship is a common business structure where you own and operate the business entirely on your own. You’ll enjoy full control and keep all the profits but also take on personal liability for any debt you incur.
Our dedicated business lawyers at Church, Langdon, Lopp, Banet Law will help you with the business registration and other paperwork. This includes drafting and reviewing contracts, advising on liability protection and insurance, and working with you and your accountant regarding tax consequences. Essentially, we’ll help you navigate the legal complexities effectively, protect your interests, and ensure your business runs smoothly.
General Partnership
A partnership is a business structure where you and at least one partner share ownership and responsibilities. It often consists of a general and a limited partner. A general partner makes the business decisions, but their personal assets are used in case of bankruptcy and debt. On the other hand, a limited partner only invests capital and doesn’t make the business decisions.
Our business lawyers will help you draft a comprehensive partnership agreement that defines each partner’s role, responsibilities, and profit-sharing. We’ll also ensure your business complies with relevant laws and regulations to avoid legal penalties.
Limited Liability Company (LLC)
A Limited Liability Company (LLC) combines the perks of a corporation with those of a partnership or sole proprietorship. As an owner or member of an LLC, you enjoy limited liability. This means that your personal assets are protected from the company’s debts and liabilities. As a result, it reduces your personal risks.
It’s also a bit flexible, because you can choose how you want to be taxed, either as a sole proprietorship, partnership, or corporation. Our team will help you file the necessary paperwork and draft the operating agreement. We’ll also ensure your LLC complies with all relevant laws and regulations.
C Corporation
A C Corporation is a type of business structure where your company is separate from you and other owners. This protects you from personal liability and lets you raise money by selling stock. Also, C corporations can grow without restrictions. However, the corporation pays taxes on profits, and you also pay taxes on the dividends you receive.
Our attorneys will help you set up a C Corporation by handling all necessary papers filings and ensuring legal compliance.
S Corporation
S Corporation offers you limited liability protection, like a C Corporation—but with different tax benefits. This business structure allows profits and losses to pass directly to you and other shareholders, thereby avoiding double taxation. This means the company itself doesn’t pay taxes –only the shareholders do on their personal tax returns.
Our attorneys will work with you and your accountant to help you understand your tax benefits and ensure your business is legally compliant when you go for this option.
How Do Our Business Formation Lawyers Help?
Make the Right Business Decisions with the Support of a Knowledgeable Legal Team
Are you starting a new business or restructuring an existing one? Then, you need a legal team to tailor the process to meet your specific goals.
From your first call to the final implementation, our team will harness their expertise to ensure the process goes smoothly. Here’s how we help:
- Advise you on the most suitable business entity
- Create essential legal documents, including operating and partnership agreements, etc.
- Work with you and your accountant to advise on tax selection and strategies
- Advise you on Buy-Sell Agreements which govern what happens when a partner or shareholder exits the business.
- Draft and negotiate contracts with suppliers, clients, and stakeholders
- Provide continuous legal support as your business grows.
We know every business is unique, so we’ll assess your specific goals and needs. Afterward, we’ll develop a plan that helps you achieve them. Working with our team means accessing personalized solutions for a seamless business formation. Reach out to us at (812) 725-8226 to partner with our experienced legal team.
FAQs
Find More Details on Business Formation Law Here
Choosing a business formation lawyer is a crucial decision when structuring your business. You may have various questions and need further clarification to make the best decision. We answer your most likely questions on business formation below:
What Is the Work of a Business Lawyer?
A business lawyer helps with your company’s legal matters. They ensure your business operates legally and complies with all relevant regulations. Various business activities, like mergers, acquisitions, and bankruptcy, are under a business lawyer’s management.
How Do You Structure a Small Business?
To structure a small business, hire our business lawyer to advise you on the most suitable business entity. We’ll assist with paperwork and help you build a structure. You may also need to determine your level of involvement and your future funding needs.
Which Legal Form of Business Is Most Common?
A sole proprietorship is the most popular business form. It’s easy to structure, requires relatively less capital, and gives you complete control. However, this also means carrying all the losses and putting your personal assets at risk during bankruptcy or business failure. A sole proprietorship business could be a one-person consulting firm, shop, or retail trade business.
Do I Need an Attorney to Form My Business?
You’re not legally required to hire an attorney to structure your business. However, an experienced business formation lawyer will help you choose a business entity, draft contracts, review agreements, obtain necessary licenses and permits. An attorney will ensure your business is legally compliant and protected in all situations.
If you need more information on business formation law, don’t hesitate to contact us at (812) 725-8226. We’re available to answer any questions you may have.
Structure Your Business with Church, Langdon, Lopp, Banet Business Formation Lawyers
We’ll Guide You through the Process of Starting or Restructuring Your Business
Launching or rebuilding a company can get really complicated, especially when it comes to choosing the right structure. You need the help of experienced and knowledgeable lawyers to make the right decision and navigate the complex process.
At Church, Langdon, Lopp, Banet Law firm, we’re always happy to help you handle all aspects of your business formation. Our team will eliminate the legal burden, provide experienced legal counsel, and help you make the right decisions every step of the way.
Contact us now at (812) 725-8226 to discuss your business’s details.
Attorney Jason Lopp
Jason Lopp has focused his practice on representing financial institutions, major corporations, family businesses and individuals. Licensed to practice in both Indiana and Kentucky, his practice includes real estate litigation, commercial real estate transactions, zoning, construction, general litigation, business planning and risk management matters. [ Attorney Bio ]