When starting a new business, choosing the right legal structure is important. Sole proprietorship, partnerships, joint ventures, corporations … which one is right for you? There are liability and tax implications to each legal structure. Running a sole proprietorship is the easiest way to start a business, but can lead to personal liability. Partnerships allow two or more people to start a business, but make each partner liable for the actions of the other partner. Corporations may offer the best protections from liability. Let me meet with you to advise you which one would work best for you. Even if you have already started your business, you may be able to change the legal structure to take advantage of the legal and tax benefits.
With Over 20 years of experience in assisting clients in starting up their new business Dimitry Beluli can guide and assist you through this complicated area to help get your new business started on the right foot.
Dimitry Beluli can assist you with:
- Incorporating and organizing a corporation and preparing a Shareholders Agreement
- Incorporating and authorizing a Professional Corporation
- Advise you with respect to commencing a Sole Proprietorship business
- Establishing a partnership or limited partnership and preparation of a Partnership Agreement
- Establishing a Limited Partnership and preparing a Limited Partnership Agreement
- Establishing a Limited Liability Partnership and preparation of a Limited Liability Partnership Agreement
- Establishing a Joint Venture and preparation of a Joint Venture Agreement