Business Formation

Poughkeepsie Business Formation Lawyers

Setting the Stage for the Life of Your Business.

The correct formation of a business is the foundation for its long-term operations and well-being. At Wallace & Wallace LLP, we use our comprehensive knowledge of business law and bring our personal, hands-on approach to your address your specific needs.

Tax Liabilities and Operating Structure: The type of entity you establish for your business at the outset will be something you will be living with for a long time. That choice will impact your tax liabilities, operating structure and your potential personal liability. What’s best for your business? Ask us!  We can help determine which of the following models will be best for your particular business and individual needs:

  • C corporations
  • S corporations
  • Professional corporations (PC)
  • Limited liability companies (LLC)
  • Limited liability partnerships (LLP)
  • Partnerships
  • Limited partnerships (LP)
  • Family limited partnerships (FLP)
  • Joint ventures
  • Not-for-profit organizations
  • Business succession
  • Sole proprietorships

For example, to form a successful LLC, nonprofit or other business entity, you must ensure compliance with all state law requirements. You must also establish a governing structure, bylaws and other documents that will shape the course of how your business moves forward. Our lawyers can help you start off on the right foot.

Planning to acquire your competitor, merge with another company or add a new business?  Our team can facilitate the process and help you avoid potentially expensive pitfalls along the way.  Call us before you sign the papers.  Need to plan for the future?  We can help with that as well.

Contact Us for a Consultation.

To get in touch with our experienced real estate lawyers, please call 845-473-0900. Our office in the Poughkeepsie Journal News Building is readily accessible.