Our experience in forming all forms of business entities allows our clients to take full advantage of their benefits and protections. The Law Offices of David M. Zeligs has the capability to form corporations, Limited Liability Companies (LLC’s) or other entities in or outside of California. We have also formed offshore corporations for our clients when called for. If you own your own business, you must seriously consider forming a company that will protect you from personal liability and potential lawsuits by creditors and business customers, as well as from other third parties interacting with your business. This will provide legal protection not only for you, but for your family and personal assets as well.
The two main advantages of forming a corporation, LLC or other limited liability entity are:
- Protection from Personal Liability. Your personal assets (house, car, personal checking and saving accounts, jewelry, cash etc.) are generally protected from your business creditors who can seek payment only from your business assets.
- Tax Advantages. You can take advantage of a full range of tax deductions, medical reimbursement plans, retirement, profit sharing and pension programs that are available only to business entities. We can also advise you on whether it would be advantageous for you to be taxed as an “S” vs. a “C” corporation and explain the differences to you.
We are a full service business law firm that can help you choose the appropriate entity and structure it to suit your needs. We have formed simple family businesses from basic “Mom & Pop” enterprises, to sophisticated parent/subsidiary company structures. Many lawyers take a “cookie cutter” or “one size fits all” approach to forming a corporation or LLC for a client because it is requires less work. We pride ourselves on individualized service that is tailored to your needs. We also interact and coordinate our efforts with your other professional service providers such as accountants and bankers. At the Law Offices of David Zeligs we are dedicated to the success and growth of your business.