"Starting a business is an exciting event, but with it, it the legal complexity and challenges.
It is crucial to start your business on the right track."
Selecting the type of entity to operate your business can have a verity of tax and operation implications. Business formation is the essential early step when starting a business, whether you are registering a sole proprietor, a DBA, incorporating or forming a partnership. The way your business is formed will determine the personal liability of founders and the business. Business formation also determines how taxes are paid, the fiduciary duties, rights and obligations of the founders and members, distribution of profits, losses, and assets.
Whether you want to enter into or launch a business whereby the business is governed by use of a trademark or service mark or whether you wish to become a franchiser or you wish to license business rights under common trademark, you have to comply with franchising law.
The Federal Trade Commissioner require the prospective buyer complete what is called “Franchise Disclosure Document” in the pre-sale disclosure process.
There are approximately 30 different categories of tax-exempt status. The most common is Code section 501(c)(3), which include churches, charities, religious organizations, schools, colleges, and universities. Other non-profit organizations include veterans organizations, labor unions, social clubs, civic leagues, religious and apostolic communities, and much more.
Effective business planning can be the key to your company's success. A company overview is an essential part of a business plane. A company business plan will often build and refine the key concepts that establishes all initial contractual agreements and appropriate operating documents.
asset protection planning
It is important to protect your business assets from the initial establishment; it is also as important to plan the protection of the business asset in the event of final sale or succession of the business.
Tax planning is the analysis of a financial situation. The purpose of tax planning is to ensure tax efficiency and reduce tax liability. It is important to structure your business and transactions to take into account taxes including federal tax, state tax, personal income tax, entity income tax, and franchise tax
Business Immigration Planning
It is important to prepare a detailed business plan that provide evidence that the U.S. entity will support the managerial and/or executive positions that you are planning to transfer, whether your firm is a small startup or an existing business. Each plan should include a comprehensive details regarding the business, including: an executive summary, company description, mission, key to success, business objectives, financial objectives, marketing and sale strategies, thorough market analysis, detailed organization chart, and a 5-year financial projections.
Visa Business Plans:
- L-1, L-1A, L-1B
- E-1, E-2
- EB-5, EB-1C, EB-2