Corporate Law Services in Orlando, Florida
From a recently incorporated business to the largest, most-established corporation, business-minded legal counsel is imperative for success. Florida law oversees nearly every action performed by a corporation, and it’s important to know what to watch out for in order to execute your corporate operations firmly within the boundaries of the law.
Establishing a Corporation
According to Florida law, a corporation is established for a legal purpose by one or more persons. The newly-established corporation attains a separate legal existence apart from the founders and receives the status of a person, allowing it to not only sue and be sued but also to sell or buy any property.
A corporation is formed by filing articles of incorporation with the Secretary of the State of Florida, who registers among other things the name of the corporation, a brief overview of the business to be carried out and the number of shares issued by the corporation.
Bylaws are the internal rules that establish procedures and processes for day-to-day operations of the company. Important frameworks are established in these bylaws, including guidelines that govern the size of the board of directors, how they are elected and how the board will function.
Establishing a corporation the correct way the first time lays the foundation for a successful business for years to come. A corporate attorney is instrumental in forming these unique legal entities. Let us help you establish your corporation and get you started on the right foot.
Why Hire a Corporate Lawyer?
Once your corporation is established, an effective corporate lawyer knows how to navigate complex legal and financial situations, offering valuable advice to leaders for the betterment of a company. To list a few things, a qualified attorney is able to help with structuring the business organization, securities and corporate governance, tax planning, mergers and acquisitions, employment contracts and much more.
When conducting your corporate affairs, having sound legal advice is invaluable. Good upfront preparation more than pays for itself in the long run. If you need help with any aspect of corporate law, contact Allan C. Draves today for more information.