The Doyle Law Offices, P.A. are experienced business lawyers in Wake Forest who handle the array of issues related to business law for small businesses, family companies, partnerships, LLCs, sole proprietors and established corporations. We understand the challenges involved in today’s complex business environment and have represented businesses in Cary, Raleigh, Apex, Wake Forest, and Rolesville for over 20 years.
It’s critical that your company has access to professional legal counsel in protecting your business and in maximizing your success. We will work with you as a partner from the initial forming of your business and forward through all the phases of growth.
We provide legal counsel for your organization’s legal needs, including but not limited to:
- Business Entity Formation
- Limited Liability Company (LLCs)
- Limited Liability Partnership Business (LLPs)
- Professional LLCs and Associations
- Contract Negotiations
- Contract Disputes
- Partnership Agreements
- Sole Proprietor Representation
- Employment and Employment Agreements
- Non-Compete Agreements
Business Entity Formation
When forming your business, it’s important to choose the type of corporate structure that accomplishes your intended purpose. Our Wake Forest business lawyers understand the tax implications and other nuances for different corporations. After listening to your goals and objectives, we advise you on the appropriate formation and complete the proper documents that comply with the North Carolina Secretary of State.
Limited Liability Company (LLC)
An LLC is a business structure that legally separates itself from its owner(s). Many small businesses choose this type of structure because there are fewer reporting requirements and it is easier to manage. We can advise you on whether the LLC is the right type for your business. Many times, we find that owners of small businesses are choosing between a C Corporation and an LLC. Primarily, the difference is the type of tax return required and the way owners derive income. With an LLC, the income flows through to a personal return, rather than being double-taxed as with a C Corporation.
Limited Liability Partnership (LLP)
When there are several owners for a business, many people choose partnerships and, in particular, limited liability partnerships. This type of structure allows for a partnership to exist where each partner’s liabilities are limited to the amount they put into the business. Setting up a business in this way also protects the partners so that creditors cannot come after a partner’s personal assets or income.
An S-Corporation is not a business structure but, instead, indicates how a business is taxed. S-Corporations are pass-through entities for tax purposes and are taxed under the Subchapter S of the Internal Revenue Code. There are certain advantages of an S-Corporation in addition to the taxation, such as asset protection and how the owner gets paid. We help you navigate through these options.
Why You Should Work with Our Wake Forest Law Firm
We set ourselves apart from other firms by giving individualized attention to your specific needs, being responsive, and focusing on results. Our founding attorney Hank Doyle has over two decades of experience that has been based on these principles. As a lifelong resident of Wake County, he knows the local Wake Forest area and puts his knowledge and dedication to work for your business.