Business Formation Corporate Veil

Business formation is the process of establishing a legal entity to carry out a particular entreprise.  The law provides several entity options, each with its own advantages and disadvantages. Limited... more +
Business formation is the process of establishing a legal entity to carry out a particular entreprise.  The law provides several entity options, each with its own advantages and disadvantages. Limited Liability Corporations (LLC), Limited Liability Partnerships (LLP), and S-Corporations are a few examples of available options. When forming a business, founders can choose whichever entity-type best aligns with their specific tax and liability needs and considerations. Other important aspects of forming a business include drafting a comprehensive business plan, choosing appropriate insurance, establishing personnel policies and protecting intellectual property.  less -
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Legislative Update: Business Law

I. GENERAL. A. Introduction. In selecting a form of business entity in Texas the organizer or initial owners can consider the following five business entity forms: • Corporation • General...more

Forming A Corporation? What Do “Corporate Formalities” Mean and How Difficult Are They To Implement?

When deciding on which business entity to select, a corporation is almost always one of the options considered. The primary reason is a Corporation solves the problem of potentially losing your personal assets by separating...more

Warning: Strategic Business Formations Can Help Isolate Liability, But Only if Maintained

A recent Arizona court decision serves as a reminder for businesses that have layered corporations in an attempt to isolate liabilities that they need to maintain each of these entities as if they were stand-alone companies....more

Warning: Strategic Business Formations Can Help Isolate Liability, But Only if Maintained

A recent Arizona court decision serves as a reminder for businesses that have layered corporations in an attempt to isolate liabilities that they need to maintain each of these entities as if they were stand-alone companies....more

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