BUSINESS FORMATION & TRANSACTIONS
What is Business Formation:
Business formation and transactions often require the expertise of attorneys to provide essential legal guidance. Attorneys play a crucial role in assisting individuals and businesses throughout the process of forming and structuring their business entities. They help navigate the complex legal requirements and ensure compliance with applicable laws and regulations.
At Kocian Law Firm, when we form your LLC, we complete and file the Certificate of Formation for the LLC with the Texas Secretary of State. This ‘creates’ or registers the LLC with the State. Once the Certificate has been accepted, the Secretary of State will generate and return a Letter of Acknowledgement and Certificate of Filing, along with the accepted Certification of Formation. We will also prepare the other documents which govern and assist in the ongoing operations of your LLC.
Areas of Business Formation Practice:
An LLC is a popular choice for businesses as it provides limited liability protection to its owners, known as members. This means that the personal assets of members are typically shielded from the company's debts and liabilities. LLCs also offer flexibility in management and taxation options, allowing members to choose between being taxed as a sole proprietorship, partnership, or even as a corporation.