Entity Formation
Many senior professionals who leave a full-time role go on to work as consultants and independent contractors. Their clients often require them to contract through a business entity rather than as individuals. The choice of entity, and how it is set up, affects your personal liability, your taxes, and every agreement your business signs. Too often, professionals form an entity on their own and discover the gaps only when a client dispute or tax question exposes them. RCTobinLaw helps you choose the right structure and establish it correctly from the start. Our services include:
• Choosing among a limited liability company, professional limited liability company, corporation, or not-for-profit corporation
• Preparing and filing formation documents
• Drafting operating agreements
• Meeting New York's publication requirement for LLCs
• Negotiating and reviewing the contracts your business signs with clients, vendors, and subcontractors
Where tax questions arise, such as whether to elect S corporation status, we work with your accountant or enlist tax counsel so that your entity serves your financial goals as well as your legal ones.
Contact RCTobinLaw for a free initial consultation.
To learn more about starting and growing a business, visit the U.S. Small Business Administration at sba.gov, or find your local SBA district office at sba.gov/local-resources.