Experienced Philadelphia Lawyer
When you start a business, it is crucial to choose the right entity. Depending on your business and your needs, you could be best served by incorporation, establishment of a business partnership, or a Limited Liability Company. Each one has certain implications for taxation, liability, etc.
Bu there are no easy answers. You need to sit down with an experienced lawyer who can walk you through the different options and help you choose the ideal one for you. Howard M. Hyman, Attorney at Law has many years of experience in business law, and can meet with you in a free initial consultation.
We serve businesses of all sizes in Philadelphia and surrounding areas of Pennsylvania and New Jersey. We have three law offices: one in Philadelphia, one in Jamison, Pennsylvania, and another in Cherry Hill, New Jersey. Contact us to set up a consultation with our lawyer.
Types of Business Structure
Our attorney can help you decide on a business structure and guide you through all the legal requirements. The main options are:
- Incorporation, which establishes your business as a legal entity separate from its owners, giving it rights of its own.
- Business partnership formation, which formalizes the division of the legal liability, tax burden, etc. among owners of a business.
- Limited Liability Company (LLC) formation, which gives you a hybrid between a corporation and a business partnership.
- S corporation formation, which means no corporate income taxes on profits. Only certain companies can qualify as S corporations.
- C corporation formation, which covers most corporations and does mean corporate income taxes on profits.
Our services do not end when your business is established. Howard Hyman has an active business in small business consulting, serving the ongoing needs of small businesses. He helps you comply with regulations and uses his 27 years of experience to advise you on all kinds of business planning.
Contact Us
Contact Howard M. Hyman, Attorney at Law for a free initial consultation about establishing a corporation, business partnership, or LLC. Evening and weekend appointments are available.
