Business Formation
Legal advice during the exciting time of starting your business
Consulting a Delaware lawyer is advisable when forming a Delaware LLC. It is at this time you have the opportunity to make decisions that will impact the future of your business. Starting a new business is an exciting time. No matter where you are located, you are often well advised to form a Delaware LLC with an Operating Agreement reviewed by a Delaware LLC attorney before signing it.
Frequent questions asked when getting started in business include the following: What type of Delaware business entity is best? Whether to incorporate in Delaware or form an LLC. We can help you understand the benefits of different entity options. Getting direction from an experienced business lawyer may help you anticipate common and avoidable problems. This guidance may be essential to your success, and The Williams Law Firm is here to help in coordination with your other professionals.
Usually, most people that are not sure what type of entity to form are best served with a Delaware limited liability company because the operating agreement anticipates common problems between owners and managers, like a business prenuptial agreement.
Our Delaware business attorneys can help you with drafting and negotiating contracts for vendors, customers, employees, contractors, and landlords. Also, for tax considerations, an accountant should be part of your team. If you are looking to raise funds, a securities attorney should also be part of your team.
The Williams Law Firm does not practice securities law, and therefore, our advice is limited to Delaware entity law which is what most small businesses need at the outset.
Contact our Firm
Connect directly with our team by sending a message with your name and either a phone number or an email address.
No matter where you live, you have the ability to choose Delaware law to govern the internal affairs of your business. Delaware is known for having the strongest shield to protect your personal assets from business liabilities. In Delaware, you have a number of options when it comes to forming a business. For most people, these include starting as a Delaware limited liability company (LLC), Delaware series LLC, Delaware limited partnership (LP), Delaware nonprofit corporation, Delaware public benefit corporation, or Delaware general corporation (S-Corp or C-Corp).
The right business entity type for you will depend on your ownership structure and business plans. We listen to you in order to understand the size and scope of your business to help you start on the right path.
Sometimes multiple Delaware business entities are advisable for your business to separate liabilities and reduce your effective tax rate by carefully considering the costs and benefits of tax elections.
One advantage The Williams Law Firm has is its affiliated incorporation service and registered agent service, known as Agents and Corporations, Inc., which has been operating since 1974. That company has more than 20,000+ companies for which it serves as Delaware registered agent.
In fact, The Williams Law Firm was the first law firm in New Castle County, Delaware to be incorporated in 1974 as a professional association. This is an example of the foresight of having forward thinking lawyers on your side that specialize in Delaware business law and recognize tax benefits to incorporating. Very few business lawyers have backgrounds in tax law.
We have also been leaders in the Delaware series LLC, having been appointed to serve on a Uniform Law Commission drafting committee by the American Bar Association. This committee is drafting the new Uniform Limited Liability Company Protected Series Act.
Our knowledge of Delaware corporate filings will help you get started quickly and can prevent you from making do-it-yourself mistakes. We can explain the options to you to provide direction to help you start the right way.
Delaware requires all businesses to have and maintain a Registered Agent in the State of Delaware. This can be an individual or business that is located in the state and authorized to do business here, and maintains a physical street address and regular office hours in the State of Delaware. Agents and Corporations, Inc. is a Delaware Registered Agent that will help you remain compliant with Delaware Division of Corporations requirements.
By doing everything right the first time, you can avoid the frustrations and costs that come from mistakes in the incorporation process. In particular, should you decide to form an LLC, it is wise to have a well thought out operating agreement. Letting The Williams Law Firm assist with drafting your LLC operating agreement should help you avoid problems later.
“If you are not moving forwards, you are moving backwards.”
Our Location
One Commerce Center
1201 N. Orange Street
Suite 600
Wilmington, Delaware 19801
Get directions via Google Maps
Phone: 302-575-0873
Fax: 302-575-1642
