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4495 South Pecos Road
Suite A
Las Vegas Nevada 89121
Phone: (702) 895-6760
Fax: (702) 731-6910
Corporate Formations and Business Law
Las Vegas Business Attorneys
In todayÂ’s business environment it is almost impossible to start or run a successful business without a skilled business law attorney.
At Hofland/Eccles, our Las Vegas business attorneys are committed to working with entrepreneurs and existing businesses on matters related to corporate formations, business transactions, and employee contracts. We work closely with our clients to provide legal advice and representation geared toward ensuring the long term success of their business.
Las Vegas Corporate Formation Attorneys
Selecting the proper business structure can go a long way toward ensuring the future success of a business. Whether a business is organized as a sole proprietorship, partnership, limited liability partnership (LLP), S Corporation, C Corporation, or limited liability company (LLC) will have significant tax implications as well as ramifications as to the personal responsibility of the officers for debts incurred by the business. Our Las Vegas corporate formation attorneys have significant experience working with our clients to help them select the proper operating structure.
Nevada Business Litigation Attorneys
We are committed to establishing long-term relationships with our business clients. Whether we assist in business formation or a business is seeking representation on a specific business transaction, our lawyers have the skill, experience, and resources to meet their business needs. Our business transaction lawyers have significant experience handling matters involving compliance issues, business contracts, breach of contracts, business and corporate governance, employment practices, and employment contracts.
Contact Our Las Vegas Business Attorneys
If you need a lawyer for a corporate formation, business transaction, or business litigation, please contact the Las Vegas business transaction lawyers at Hofland/Eccles. We can be reached by phone at 702-895-6760.
Our Las Vegas, Nevada attorneys represent clients throughout the State of Nevada including Clark County, Nye County, Washoe County, and the cities of Las Vegas, Henderson, Boulder City, Carson City, Reno, and Lake Tahoe.
2575 S. Cimarron Rd. Suite 202
Las Vegas, Nevada 89117
(702) 870-9152
(702) 870-9764 facsimile
One of the primary concerns of most individuals contemplating starting a business is that of ensuring asset protection and protection from personal liability. While Sole Proprietorships and General Partnerships are very economical ways to begin engaging in business with some tax and other advantages, these types of business entities have the enormous drawback of providing no shield to its owners from liability for the company's debts and other liabilities. Other entity options, however, provide this personal "liability shield", when formed and operated properly.
At R. D. Johnson & Associates, we understand and are sensitive to your need for optimum asset protection and shielding from personal liability. Therefore, we offer a free initial half hour consultation with regard to incorporating in Nevada, Nevada LLC formation or other type of business entity formation and structuring, wherein we will discuss your business entity options and how we can best help to ensure that you and your business associates receive and maintain sufficient asset protection and are shielded from personal liability.
Which Business Entity Should I Choose?
There are several business entity options available in Nevada and elsewhere, including (but not limited to): Nevada Corporations (Nevada C Corporation or Nevada S Corporation), Nevada Limited Liability Companies, Limited Partnerships, Limited Liability Partnerships, General Partnerships, and Sole Proprietorships. In making the decision as to which entity type to choose, there are many factors that should be carefully considered for each possible entity type, including: the cost of formation, the ease or complexity of formation, the formalities legally required to maintain the entity, the transferability of the business interests/ownership, tax consequences, etc. During your free consultation, R. D. Johnson & Associates will be happy to explore the entity options with you and help you to ascertain which entity would best suit you and best help you to achieve your specific goals.
Why Form a Business in Nevada?
Few legal scholars would dispute that Nevada (often called the "new Delaware") currently has what is considered to be the most favorable business entity laws in the United States which provide real advantages to businesses of all types. Some of the advantages over many other states of Forming a Nevada Corporation or a Limited Liability Company in Nevada include:
* No State Corporate Income Tax
* No State Taxes on Corporate Shares
* No State Franchise Tax
* No Personal Income Tax
* No Internal Revenue Service (I.R.S.) Information Sharing Agreement
* Relatively low Annual Fees
* Minimal Reporting and Disclosure Requirements
* Stockholders are not Public Record (i.e., bearer shares are allowed in Nevada) (maintaining maximum Stockholder anonymity & privacy)
* Only one person is needed to create and maintain a legal Corporation or LLC
* Stockholders, directors and officers need not live or hold meetings in Nevada, or even be U.S. citizens
* Directors need not be stockholders
* Officers and directors of a Nevada corporation or LLC can be protected from personal liability for lawful acts of the corporation or LLC
* Nevada corporations may purchase, hold, sell or transfer shares of its own stock
* Nevada corporations may issue stock for capital, services, personal property, or real estate, including leases and options. The directors may determine the value of any of these transactions, and their decision is final.
* A case law history which favors the business owner and which makes it difficult to "pierce the corporate veil."
Why Choose an Attorney to Incorporate My Business?
While there are currently many non-attorney incorporation services now available which tout their low incorporation fees, there a number of very real reasons why you should choose a licensed Attorney to form your new business, including:
* Non-Attorney individuals and companies cannot lawfully provide you with legal advice concerning the formation and maintenance of your company.
* Many of these individuals and companies fees are so low because they do not provide all of the services needed to complete the incorporation and formation filing and process for full compliance with the applicable Nevada statutes. This may lead to your paying even more fees in the long run.
* Some of these companies and individuals, while advertising that they are "incorporating" a company for you, actually only form an entity with themselves shown as legal owner and then "sell" the consumer a corporate or LLC "shell". Some unwitting consumers are then left on their own, not knowing that additional filings and procedures are required until they discover that their entity charter has been revoked or that may be subjected to personal liability are then hit with additional fees and costs to bring the entity into compliance.
* Many of these entities only provide you with non-customized Forms that may or may not fit your company's specific needs.
* An Attorney, on the other hand, can assess your specific needs and provide you with valuable legal advice and a customized entity formation that may save you hundreds or thousands of dollars in the long run.
* An Attorney can provide you with ongoing legal advice and assistance to help ensure that your company continues to provide you and your associates with the personal liability shield that is critical to ensure that the individuals are not saddled with costly personal judgments and other problems.
* An Attorney can provide your business with ongoing legal advice and assistance to help you make important decisions that may greatly impact your company.
Note: Beware of corporate "nominee services" and the potential pitfalls associated with these types of arrangements. There are better, less risky ways to accomplish the desire for anonymity in forming a business in Nevada.
To form a Nevada Corporation, Nevada LLC or other type of business entity either give us a call to speak to an attorney or to schedule an appointment for a free consultation. In the alternative you click one of the following links to complete the online formation questionnaire for Nevada Limited Liability Company Formation or to Incorporating in Nevada.
3085 South Jones Boulevard - Suite C
Las Vegas, Nevada 89146
Telephone: (702) 369-3724
Fax. (702) 369-0651
BUSINESS SERVICES / COUNSELING / PLANNING
We assist our business clients with concerns regarding formation, dissolution, and day-to-day affairs by reviewing the goals and individual facts present in each situation. Our firm routinely handles complex business and corporate transactions involving:
* Business counseling / risk management
* Business purchases and sales
* Business succession planning
* Family limited partnerships
* Tax Planning
* Corporate reorganization and liquidations
* Negotiating and structuring buy-sell agreements
* Asset and stock purchase agreements
* Mergers, reorganizations, liquidations and private offerings
* Contracts
* Financing and Development