Top Orem, UT Business Organizations Lawyers Near You
3381 W. Mayflower Ave., Suite 275, Lehi, UT 84043
2155 N. Freedom Blvd., Provo, UT 84604
1979 North 1120 West, Provo, UT 84604
487 E Rue Cournot, Vineyard, UT 84059
765 North Main Street, Spanish Fork, UT 84660
3333 Digital Dr, Ste 750, Lehi, UT 84043
1443 South 550 East, Orem, UT 84097
1431 S 550 East, Suite 2, Orem, UT 84097
770 E Main Street, Suite 348, Lehi, UT 84043
470 West 220 South, Suite 103, Pleasant Grove, UT 84062
3325 North University Avenue, Suite 200, Provo, UT 84604
2696 North University Avenue, Suite 180, Provo, UT 84604
86 North University Avenue, Suite 430, Provo, UT 84601
2500 North University Ave, Provo, UT 84604
3301 North University Avenue, Provo, UT 84604
2600 West Executive Parkway, Thanksgiving Park Four, Suite 400, Lehi, UT 84043
62 N. Grant Avenue, Suite 100, American Fork, UT 84003
1887 N 270 East, Orem, UT 84057
251 West River Park Drive, Suite 350, Provo, UT 84604
1345 W. 1600 N., Suite 201, Orem, UT 84057
3051 West Maple Loop Drive, Suite 325, Lehi, UT 84043
5314 N River Run Dr, Ste 350, Provo, UT 84604
1557 W Innovation Way, Suite 400, Lehi, UT 84043
Orem Business Organizations Information
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What Is Business Organization Law?
There are different types of business structures that affect how you run your company. Some business structures are less expensive to get up and running and have simpler reporting requirements. Other business organizations have greater tax advantages but have stricter requirements. Different types of business organizations include:
- Sole proprietorship
- Limited liability company (LLC)
- Partnership and limited liability partnership (LLP)
- Corporation
- S corporation or B corporation
- Non-profit organization
What Are Some Examples of Situations Where I Might Need a Business Organizations Lawyer?
You can benefit from a business organization lawyer if you are starting a new business or reorganizing your existing business and you have questions about:
- Limited personal liability
- Tax-preferred status
- Setting up a publicly traded or private company
- Regulatory compliance
- Investment opportunities
How Can a Business Organizations Lawyer Help Me?
Before organizing your business, a business organization lawyer can explain the different structures, benefits, and drawbacks to make sure you get started on the right foot. If there are any complications or legal challenges down the road, a business organization lawyer can represent you in legal negotiations. In helping you choose the right business entity, your lawyer will help with:
- Drafting partnership agreements, bylaws, and operating agreements
- Ensuring compliance with Utah and Orem licensing and zoning
- Reviewing commercial agreements and contracts
What Could Happen if I Don’t Hire a Business Organizations Lawyer?
If you don’t follow the proper filing, recordkeeping, and corporate structure requirements, it can cause trouble down the road. Working with a business organization lawyer can help you avoid many of the common pitfalls of running a business. There can be serious legal and financial consequences when your business doesn’t follow the strict corporate requirements, including:
- Tax violations
- IRS audits
- Securities law violations
- Personal liability for business losses
- Loss of business reputation
What Questions Should I Ask When Trying To Find a Business Organizations Attorney in Orem?
Find the right business organization lawyer for your business needs. Many lawyers offer an initial consultation where you can ask them questions and see if they are the right fit. These questions can help you determine if this lawyer has the experience to handle your case. Some questions you should ask include:
- What is your experience with business organizations in Utah?
- What is your approach to handling business organization cases?
- Have you dealt with cases involving this type of business structure?
- What potential outcomes should I expect from my case?
- Are there upcoming legal changes that could change how I structure my business?
Tips for Hiring a Business Organizations Lawyer
Take the time to find a business lawyer who is right for you and will represent your best interests. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts