Pittsburgh Business and Corporate Formation Attorneys
Focused Pennsylvania lawyers help get your business up and running
At Feldstein Grinberg Lang & McKee, P.C. in Pittsburgh, our attorneys advise Pennsylvania business owners on how to establish entities that serve their goals and purpose. Our comprehensive knowledge of the complex issues involved in owning and running a business include handling purchases and sales, franchises, mergers, contracts, debt collection and employment issues, among others. Having an experienced and knowledgeable attorney by your side can make all the difference in your business’s success. In clear terms, we explain the tax and liability considerations of different business structures. When you are ready to make your business official, we can prepare the documents you need.
Informed advisors help you establish an entity that fits your business
There are multiple types of corporations and other entities that may be suitable to your business. Most protect some of their owners from liability and others offer distinct tax advantages. We can provide guidance on which of the following entity types may best suit your business needs:
- C corporation — C corporations are typically formed for larger businesses seeking to attract investors. As taxable entities, they can deduct major business expenses, sheltering earnings to shareholders. In most cases, the corporation alone bears liability for any wrongful actions against third parties, though the corporate veil may be pierced in rare circumstances.
- S corporation — An S corporation offers many of the same advantages as a C-corporation. The key difference is that it is not a taxable entity. Income simply passes through the company to its shareholders, who declare it on their individual returns.
- Limited liability company (LLC) — Small business owners often choose the LLC structure. Owners enjoy limited liability and management flexibility. As with S-corporations, owners report profits and losses on their individual returns.
- General partnership — Two or more people who co-own a business can enter a partnership agreement. The partnership may be general or limited, depending on whether there are some partners who do not share income and debt equally. Limited partners may be shielded from liability, but there must be at least one general partner who is fully responsible for the partnership’s activities.
- Limited liability partnership (LLP) — Unlike in a general partnership, all partners in an LLP have protection against the entity’s obligations and debts, including liability for other partners’ malpractice or negligence. Doctors, lawyers and other professionals often choose the LLP structure.
- Nonprofit corporations — A §501(c)(3) nonprofit corporation is tax-exempt but cannot distribute monetary profits to owners or shareholders.
Experienced attorneys draft and review transaction agreements
Once a business entity is selected, our business services attorneys can help you assemble the necessary paperwork required for government filings and recordkeeping compliance. The most critical documents are:
- Certificates of incorporation and by-laws — These are the organizational documents of a corporation that must be filed with the state government.
- Shareholder agreements — Each shareholder’s rights and obligations are outlined, along with restrictions on how shares can be transferred.
- Partnership agreements — These are comprehensive documents defining not only the partners’ interests but also how the partnership will be managed and how transitions in ownership will be carried out.
- Operating agreements — Every limited liability company (LLC) needs to have an agreement in place that sets forth the responsibilities of owners and states how daily business will be handled.
- Franchise and licensing agreements — Often the most valuable asset of a business is its right to do business as the vendor of another company’s products or services. A franchise or licensing agreement must be negotiated to assure the company is fully authorized and protected.
Our attorneys are well seasoned in drafting and reviewing all other essential documents that are needed in the course of business operations, such as commercial leases, service contracts and agreements for the purchase and sale of goods. We can also take care of local registrations and business permits.
Allegheny County research and file for trademarks
When creating a trade name to market your business or brand, it is important to determine whether you need to register a trademark. We can help you research your proposed trademark to ensure you’re not accidentally infringing on one that belongs to another business. Similarities between trademarks can result in commercial litigation.
Contact skillful Pennsylvania business attorneys to schedule a free case evaluation
For advice on forming and protecting your Pennsylvania business, consult the attorneys at Feldstein Grinberg Lang & McKee, P.C. in Pittsburgh. We offer a free, 15-minute case evaluation. Call us at 412-436-5788 or contact us online.