Business Formation and Agreements

Full Transcript from video:

Attorney Roy Oppenheim here. Frequently, people ask us, you know, what’s the best entity that they should select in forming a corporation? And also, maybe what state they should enter, you know, form their entity in. We’re Florida attorneys, so obviously, we advise people on Florida. But, typically, the choice is whether you’re gonna form an LLC or a corporation, whether it’s a C corp or an S corp. And we have to look at the totality of the circumstances, what the business is, who the investors are, who the parties are, what the liabilities are, what the potential liabilities are so that we can then give you a proper assessment of what would be best for your particular circumstances.

Now with the tax code changing, or possibly changing in all likelihood, there are gonna be new dynamics to that question. So, there never is a one-stop-shop that will answer your question in terms of what the right fit is for you. Each fit is gonna be slightly different based on your particular set of circumstances. And so if, in fact, you’re thinking of going into business, the first thing you need to do is get yourself a good CPA, a good accountant, and, of course, a good attorney. We would advise you to call us so we could fulfill that role for you.

Again, this is Roy Oppenheim from Oppenheim Law. We’ve represented hundreds if not thousands of companies over my lifetime. Some very big, some small, some medium-sized, and so, we would be glad to assist you as you start your venture into the business world, or just forming a new entity, a subsidiary, or merging two entities, or bringing a company in from another state. We’ll help you with all of that. 954-384-6144, Attorney Roy Oppenheim. Have a great day. Bye-bye.