Call Today: 424-276-1654

NLG: Nahai Law Group
424-276-1654

Effective And Efficient
Representation

Your Business Deserves Special Attention

Legally recognizing a business entity is a process that requires forethought. Your type of business entity will have ramifications for your personal liability, as well as certain tax implications. Therefore, it is important to think through all those aspects before you decide. Having an experienced business law attorney on your team to help you evaluate your needs is a huge asset to your business.

Create A Business That Is Made To Last

Nahai Law Group was established over a decade ago with the goal of providing practical, efficient representation to clients in business law and commercial real estate. Our team brings 40 years of experience to your situation and will help you manage the business formation process from beginning to end.

There are multiple types of business entities, each with its own advantages and disadvantages. They include:

  • Sole proprietorship: This is a very common type of entity for small businesses just starting up. One advantage is that a sole proprietorship is subject to less government involvement than other types of business entities.
  • Partnership: If you are working with another person or business, a partnership allows you to form an entity, knowing that you must make decisions with that other party.
  • Limited liability company (LLC): This type limits your personal liability as head of the entity.
  • Corporation: A corporation is a very flexible type of entity, but corporate formation is subject to some government involvement, in that it must meet certain requirements to continue being a corporation.

Each of these will not only impact your own liability and your taxes but also how the entity may function. It is crucial to think through your business plan as you evaluate which entity type is right for your situation.

Talk To An Experienced California Business Formation Attorney Today

With decades of experience in business law, combined with an efficient approach, our team can help you form your business in a way that sets you up for continued success. To talk with a lawyer and learn more, call our Los Angeles office at 424-276-1654.