Corporate Formation Law

What Is Incorporation?
Incorporation is the legal process of clearly defining a corporate entity that is separated from the owners of the entity. If you’re looking to incorporate a company, an incorporation attorney is the legal expert you want to seek out to make it official.

What Is Considered a Corporation?
A corporation is defined as a group or company of people that have been authorized to act as an individual entity. In legal terms, a corporation can be considered a person and is recognized as such within law. This entity is completely separate and distinct from the owners of the corporation.

What Are the Benefits of Corporate Formation?
There are many benefits of forming a corporation. As a corporation is legally considered a legal “individual” with many of the same benefits that a person has under the law. A few examples are as follows:

• The corporation can raise money (capital) through the process of selling company stock.
• The corporation can gain reduced tax restrictions on certain company loss.
• It can have a lower tax rate than an individual’s personal income.
• It has the ability to easily transfer ownership to another party.

The corporation owner’s assets are protected from any liabilities that the corporation may incur. And many more!

We can help you determine if corporate formation is right for you. If you have a company or group of people and want to form a legal corporation, there are many benefits to doing so. The biggest benefit is the clear segregation between ownership of the corporation and a corporation’s actions which can result in law suits.  Here, we can be the corporate lawyer and attorney that will guide you through the entire legal process of forming a corporation.

No matter the size of your business, big or small, legal issues are bound to arise at some point. A corporate attorney in San Diego can represent your business to resolve corporate disputes and transactions. Whatever legal issues may arise, San Diego corporate formation attorneys at Hamilton & McInnis will be there to help.

How Do Corporate Law Firms Work?
The purpose of corporate law firms is to work with clientele to counsel and advise them on how to handle business transactions such as drafting or reviewing contracts and agreements, negotiations on behalf of the client, or mergers, divestitures, and acquisitions. A corporate law firm takes its job seriously to advise all clients about legal rights and responsibilities. A corporate attorney may be called upon to represent their client in a civil or criminal case if legal problems arise. It is in a company’s best interest to consult with corporate law firms on all business legal matters to work towards successful resolutions.

Services Offered by a Corporate Lawyer
A corporate lawyer has many duties with which to advice and counsel corporations. These duties may vary vastly depending on the business, whether it be starting a new business, settling litigations, or drafting contracts for the company.

Business formation is a complicated legal matter that will require consulting a corporate lawyer. The job of a San Diego incorporation lawyer is to first and foremost offer counsel on choosing an entity that fits your business, whether it be LLC, LLP, or nonprofit entity. Another key component is to draft key agreements that will set the tone for a business relationship between owners and investors. Once a business is established, maintaining and protecting ventures is crucial, and a corporate lawyer will continue to work for you so that you are personally protected.

After a business is formed, a corporate lawyer will offer counsel corporate governance laws as directors or officers make business decisions for the corporation that affects entities and shareholders. Ensuring that these decisions fall under the umbrella of the corporate governance laws is the top priority of legal counsel from a corporate lawyer.

Company directors will make will be faced with making decisions regarding mergers and acquisitions that will require legal services. In order to grow business, a chief officer is faced with pressures to create or acquire new product. It is important that during an acquisition transaction, initial drafts are drawn up and due diligence, such as reviewing company finances and employee contracts, must be conducted. Documents will be advised and redrafted as needed. As the deal is closed, corporate attorneys finalize agreements and closing conditions making sure all documents are signed and approved.

Paperwork for dissolving a company falls under the duties of a corporate attorney as a notice of dissolution must be filed. It is imperative that assets are liquidated properly and debts are paid off as needed. To avoid legal disputes, consult with a San Diego corporate lawyer

How a Corporate Attorney Benefits Your Business
Starting a business involves many critical decisions, but making legal decisions shouldn’t be one of them. With a corporate attorney on your side, you can entrust legal matters to them while you focus on other important aspects of your company. Avoid complicated legal litigations and leave the complicated matters pertaining to the law to the experts.