Business Formation

How to Form a Business Entity

At the beginning of each year, as people seek to fulfill their new year’s resolutions, our clients often consider future opportunities and the prospect of creating their business entity. The task can seem daunting with the myriad of forms to be filed with the respective Secretary of State, Division of Corporations, or IRS. Additionally, banks require documentation prior to opening a business operating account and investors may want to see some level of formality prior to engaging in funding discussions.

As a result, when forming a business it’s imperative that you thoughtfully consider the type of entity you form, how to avoid deadlock, structure of ownership, good standing, and tax treatment of your business. Once you’ve had the opportunity to consider the alternatives and options, RR&A can help guide and shape your formation in a practical way that mirrors your independent vision rather than copying the same outdated, one-size-fits-all form.

Read Related Posts

What Type of Entity Do I Need?

Where to Form an Entity?

Do I Need to Consult a Tax Advisor?

Avoiding Deadlock

Maintaining Good Standing

Disclaimer: The information and material on this website is general information about our practice and firm. This information does not offer specific legal advice and the use of this information does not create an attorney-client relationship with RR&A or any of its attorneys. The information on this website should not be used for legal advice, and persons should not act upon the information on this website without engaging professional legal counsel.

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