Legal Guidance for Business Success

We provide comprehensive business formation services to help you navigate the complexities of establishing your business with a solid foundation.

Business Formation

Starting a business and establishing a new business entity requires careful consideration to ensure the best outcome for your business venture. At Premier Legacy Law, we provide comprehensive business formation services to help you establish the right legal structure for your business and protect your interests. We are here to guide you throughout the business formation process with knowledge, professionalism, and a deep understanding of the challenges faced by small business owners.

Choosing the Right Business Entity

Selecting the appropriate business entity is one of the most important decisions to make that can impact personal liability, taxation, and control. We will work closely with you to understand your business goals and provide guidance and information on the various business entity types available in Colorado. We will help you make informed decisions that align with your objectives and maximize benefits while minimizing risks.

Colorado offers several options for business entities, and we can assist you with the formation and legal processes associated with creating business entities such as Limited Liability Company (LLC), C or S Corporations, or Limited Liability Partnership (LLP).

Comprehensive Document Drafting and Review Services

We can help with drafting and reviewing various types of essential business documents needed for your business, including:

Safeguarding Your Business Legacy Is Our Priority

At Premier Legacy Law, we understand the challenges and complexities faced by business owners. Our experienced team brings a wealth of knowledge to provide you with legal guidance throughout the entire business formation process. We are committed to helping you establish a solid legal foundation for your business, ensuring compliance with regulations, and protecting your business interests.

If you are starting a new business or considering changing your business structure, we invite you to schedule a complimentary planning meeting. During the planning meeting, we’ll take the time to understand your unique needs and goals, provide personalized advice, and guide you through the process of establishing the right business entity and drafting essential business documents.

Contact Premier Legacy Law today to schedule your complimentary planning meeting and take the first step towards establishing a strong legal foundation for your business. We offer in-person, phone, and virtual appointments as well as weekend appointments to fit your busy schedule. 

Business Formation FAQs

What are the advantages of working with an attorney for business formation?

Working with an attorney for business formation ensures compliance with legal requirements, helps with choosing the appropriate business structure, and provides guidance on important decisions. It protects your interests and sets a solid foundation for your business.

A sole proprietorship is an unincorporated business owned by a single individual, while a partnership involves two or more owners. An LLC (Limited Liability Company) and corporation are the preferred separate legal entities that offer liability protection for owners.

It is generally advisable to have a separate bank account for your business. This helps maintain clear financial records, limit exposure of personal assets, separate personal and business funds, and simplifies accounting and tax filings.

Legal requirements for starting a business include obtaining necessary permits and licenses, registering with government authorities such as the Colorado Secretary of State, complying with tax obligations such as obtaining a tax identification number and regularly filing taxes, as well as following employment laws. We can guide you through the specific requirements for your business.

Yes, it is possible to change your business structure after the business has been formed. However, it can involve various legal and tax implications. Consulting with an attorney is recommended to understand the process and ensure compliance with applicable laws.

Yes, business succession planning involves creating a strategy for the transfer of ownership and management of a business. An attorney can assist in drafting agreements, addressing tax implications, and developing a smooth transition plan to preserve the business’s continuity.

The legal requirements for dissolving a business vary depending on the business structure and applicable state laws. It generally involves filing dissolution documents, settling outstanding obligations, and distributing remaining assets. Consulting with an attorney ensures compliance with the necessary legal steps.

To protect confidential information, you can implement non-disclosure agreements (NDAs), non-compete agreements, and other contractual provisions. Our law firm can assist in drafting these agreements and provide guidance on best practices for safeguarding sensitive business information.