When starting a business, it is essential to select the most advantageous organizational structure. There are several types of business entities that can be formed in South Carolina:
- Sole Proprietorship
- Limited or General Partnerships
- Limited Liability Company
The form of entity selected for your business greatly impacts daily operations, tax consequences and liability exposure, not only to the business, but also to its owners. In conjunction with input and advice from your accountant, our initial consultation will help you determine which type of business entity will best suit your needs and circumstances.
Once a determination is made on the type of entity you wish to form, Murray Law Offices will assist in completing and drafting the necessary documentation, and filing with the appropriate government agencies. After the business has been created, we can also assist in drafting an operating agreement, partnership agreement or by-laws for your business reflecting the terms and conditions of the entity going forward.
In addition to assisting you through the business formation process, our attorneys are available to draft, review and/or negotiate future leases or contracts, and to assist in the purchasing or selling of businesses to other members, partners, shareholders and third parties. Give Murray Law Offices a call to discuss your legal needs. Don’t Worry, Call Murray!