Limited Liability Companies
Most businesses in Los Angeles choose to establish as a limited liability company (LLC) due to the various benefits this provides related to tax and liability. Structure Law Group, LLP Los Angeles business attorneys advise founders of limited liability companies as well as existing LLCs of all sizes.
While there are many upsides to an LLC, the entity and the operating agreement must be carefully created to maximize the advantages and limit the potential problems. The lawyers of Structure Law Group, LLP, provide sophisticated business planning counsel to entrepreneurs, investors and families in Los Angeles, CA. To explore the merits of forming or managing a limited liability company, arrange a consultation today. To schedule a consultation with one of our attorneys, please call our office today at (310) 818‐7500. Prospective clients can also contact our office via email by submitting our online contact form.Working With Knowledgeable Legal Counsel in Forming a Limited Liability Company in Los Angeles
Starting a business has many moving parts, and the paperwork intensive process of forming an LLC can steer founders away from the many key responsibilities. Structure Law Group, LLP offers efficient, cost‐effective representation so that management can get back to working on the necessary tasks required to make your business successful. From the outset, each step in forming an LLC can significantly impact a business. Structure Law Group’s experienced business attorneys provide comprehensive legal counsel for every facet of LLC formation, including:Ownership and Management.
Choosing the appropriate ownership and management structure for the LLC is vital to the longevity of your business. Ownership options include a single member or multiple member LLC. Management options include member‐managed and manager‐managed formats as well as officer, committee and board of directors‐style LLC management structures.Operating Agreements.
A company’s Operating Agreement is possibly its most important governing document. Our Los Angeles business attorneys ensure that your OA accurately reflects the intent of the members, is suitably thorough, and contains appropriate buy‐sell provisions, management authority, tax allocations and plans for dissolution, sale and transfers, and more.Incorporation.
State laws regarding LLCs vary somewhat from state to state. Consulting with an experienced business attorney helps to ensure that your LLC is formed in the most appropriate state for your business, or if an LLC is even the best entity for your company to form. Considerations include the relative tax benefits per each state, filing requirements, and filing fees.Legal Compliance and Protection.
Under our attorneys’ guidance, your Los Angeles area company can be sure that all the requisite legal formalities are adhered to. This affords vital protections for members against personal liability for business debts.Tax Elections and Filings.
Filing with the appropriate state and federal agencies as well as other organizational requirements secures your business’s financial future. Intellectual Property Protection. See more about our IP services here (link). By retaining a competent business attorney early in the process, entrepreneurs are taking control of the long‐term success of their business and avoiding costly issues down the line.Converting from an LLC to Another Appropriate Business Entity
When an LLC is no longer the appropriate entity or fitting your business needs, Structure Law Group, LLP can advise and convert your LLC to the appropriate entity.LLC Dissolution
“Dissolution” means that your business is officially ending its existence as a state registered business; sometimes this is voluntary and sometimes it is an involuntary dissolution. In either scenario, the dissolution process can prove to be extremely complex. SLG’s Los Angeles business attorneys can streamline this process by handling any required notices to various constituencies, as well as completing all the necessary tax, employment, and corporate filings.Representing LLC Clients as They Conduct Business
Structure Law Group, LLP represents our Los Angeles clients in all the legal matters that come with the operation of a successful business. Contract negotiations, hiring and firing employees, resolutions and consents, and other actions are frequently necessary in running a business. We pride ourselves on our ability to provide practical advice to our clients interested in forming, operating, or investing in LLCs. Structure Law Group’s Los Angeles business litigation attorneys can also represent our LLC clients in litigation involving third parties or disputes amongst members. We aim for the most cost‐effective means to get the best possible results out of litigation. Even in the toughest situations when an agreement cannot be amicably found, our zealous business litigation attorneys have a proven record of success on behalf of our clients.Experienced Los Angeles Business Attorneys for Your LLC
Whether you are starting a new business or would like to increase protections for your current business, forming an LLC may be a great idea. The Los Angeles business attorneys at Structure Law Group have years of experience helping business owners and investors form, manage, and effectively wrap‐up their LLCs. Forming an LLC may not be right for all businesses. Before choosing to form your business as an LLC, speak to a qualified business attorney at Structure Law Group, LLP.
To schedule a consultation with one of our attorneys, please call our office today at (310) 818‐7500. Prospective clients can also contact our office by submitting our online contact form.