Missouri Business Formation Lawyer

Serving Businesses in St. Louis and throughout Missouri

Many business formation structures exist for those who are starting a new business venture. It is important to understand the advantages and limitations of each type of business entity so that you can make the right choice for your enterprise. If you need legal assistance and guidance in business formation in St. Louis or anywhere in the state of Missouri, it is in your best interests to consult with the Missouri business formation attorney at the Law Offices of Kevin J. Dolley as soon as possible. The firm helps clients throughout Missouri with a broad range of business law services, including guidance and filing of all types of business entity formations.

Business Formation

When starting a business, you must decide what business structure to establish. Your business formation will determine what type of tax return you file and will affect your legal and tax consequences. Business entity structures include corporations, limited liability company, DBA, limited partnerships, limited liability partnerships, sole proprietorship, and nonprofit. Incorporation affords you personal liability protection and can lower your tax rate by distributing profits between the owners and the corporation. In a corporation, however, formal record-keeping and meetings are required.

A limited liability company (LLC) provides the same liability protection as a corporation with fewer requirements. In a LLC, no corporate taxes exist because profits are distributed to the owners. A limited liability partnership (LLP) is a business structure designed for partnerships, such as in law, architectural, or accounting firms. In a LLP formation, the partners are generally not responsible for one another's debts.

Each business will have its own unique needs and circumstances, which is why it is important to consult with the Missouri business formation lawyer at the firm so that you can be guided according to your particular business situation. Mr. Dolley is an experienced business law attorney who has extensive knowledge in all aspects of business structure and formation.

Do you need legal assistance with business formation? Contact the Missouri Business Formation Attorney at the firm to discuss your legal options today!