What Types of Entities Are There?
Business formation or incorporation is important for anyone that either is operating a business in California or has property that they rent out commercially. In both cases you need to protect yourself and your family from liability arising from the operation of your business. One of the ways to limit your liability is to incorporate under the laws of California into an entity, such as, a Limited Liability Company, S-Corporation, C-Corporation and Professional Corporation. Additionally, if you are forming a non-profit, church or other organization I can help. The type of entity depends on what your goal is so we will need to sit down and decide which entity is best for you. At Coastal Pacific Law, we can explain the differences between the several types of business entities, and detail their advantages and disadvantages:
- Sole proprietorship
- General partnerships
- Limited liability partnership (LLP)
- Limited liability company (LLC)
- S-election corporation
- Professional Corporations
How Do I Know What Type of Entity to Choose?
What Is A Series LLC?
What if I am a Doctor, Lawyer or CPA?
What if I am a Non-Profit?
At Coastal Pacific Law, we can help business owners in every aspect of running a successful business, from start-up to break-up:
- Buy/ Sell Agreements
- Partnership Agreements
- Shareholder Agreement
- Compliance Issues
- Business Dissolution
- Contract Issues