Michigan Small Business Attorney
Experienced small business attorneys can offer insight and skill in a wide range of business formation, succession planning, and transaction services. Our goal is to provide your business with the foundation necessary for it to grow while giving you and your business much needed protection
Forming an LLC or Corporation in Michigan
Whether you are an entrepreneur or upstart looking to create your first business or you own an established business and are looking to grow or sell, Atlas Law, PLC can help. Our Michigan lawyer can guide you through the complexities of business formation and transactions. Our experienced business lawyer can help you with:
- Limited Liability Companies
- Limited Liability Partnerships
- 501c3 – Non Profit Organizations
- Corporate Formations
- Creating a Limited Liability Company or LLC Formation
- Creating a Corporation or Corporate Formation
- Setting up a 501 c 3 Nonprofit organizations
- Drafting Bylaws, Resolutions, Articles of Incorporation, Articles of Organization, and Buy / Sell Agreements
- Ownership succession planning
- Tax Planning
- Business sales, acquisitions, expansion and commercial transactions
- Contract and document preparation and analysis
What is a LLC?
A limited liability company, generally referred to as a “LLC,” is a business with the pass-through taxation of a partnership or sole proprietorship and the limited liability of a corporation. It is sometimes considered a hybrid between a traditional partnership and a corporation. The LLC itself is not a separate taxable entity. Rather, owners of an LLC report business profits or losses on their personal income tax returns. Like a corporation, however, an LLC protects its owners from personal liability for business debts and claims — a feature known as—limited liability. Experienced business attorneys know how to form an LLC. If you are starting a business, forming an LLC may be the first step for you.
What is a Corporation?
A corporation is an independent legal entity owned by its shareholders. A Corporation is formed under the laws of the state in which it is created. A Corporation is separate from its shareholders, meaning the corporation—not its owners— is held legally liable for the actions and debts the business incurs. In other words, the law views the corporation as a legal “person” that can enter into contracts, incur debts, and pay taxes separate from its owners.
Experienced business attorneys know how to incorporate and how to form and corporation. If you are starting a business, starting a corporation may be the first step for you.
LLC or Corporation
There are numerous advantages and disadvantages to LLC’s and Corporations. The determination as to which is better—a corporation or an LLC—must be made on a case by case basis. Further, if you choose a corporation rather than and LLC you must also determine whether you should operate as a C Corporation or, alternatively, file an S Corporation election.
Getting the Help you Need
The business attorney at Atlas Law, PLC can assist you with starting an LLC and a corporation. Our small business attorney serves all of Southeast Michigan. Our law firm can assist you with your LLC and incorporation questions and provide your business with long term legal solutions.
We offer free consultations and flexible appointments to meet your needs, including weekends and after hours appointments.
We will even come to you!
To learn more about your options, call us at (248) 773-5555.