Incorporation, LLCs and Other Business Structures

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The experienced attorneys at Dagger Law can help you determine what the best business structure best suits your needs, whether it is Incorporation, establishing a Nonprofit organization, or many other options.

Depending on what you chose there can be significant, or subtle, changes to taxes, liability, management and control, funding options and opportunities. By meeting with one of our Business Law attorneys, you can be sure that you will receive guidance that you can confidently put into action. We can assist with the formation of any of the following business structures:

  • Limited Liability Company (LLC)
  • Incorporation (Inc)
  • General Partnership or Limited Liability Partnership (LLP)
  • Corporation (both S Corp and C Corp)
  • Sole Proprietorship
  • 501 c 3 and Not for Profit/nonprofit filings

While we can’t predict every question you might have, here are a couple that we hear regularly. 

Q: How much does it cost to set up my own company?

A: It can depend on the complexity of the structure, and the amount of work required by the attorney to ensure that all aspects of liability and taxation are legally covered. For most basic services these filings can be accomplished for a flat fee, and our attorneys will handle all the proper filing and recording for you. 

Q: Can’t I file with the Ohio Secretary of State on my own?

A: In many cases, you can file and register yourself. As of April, 2019, there were over 120 different forms available on the Ohio Secretary of State website. Do you know which ones you need? Our experienced attorneys do, and they can handle this tedious task on your behalf. After that there are the communications with the IRS, Ohio department of taxation, and all the proper licenses and permits. By utilizing and attorney you can ensure that the process is handled quickly, correctly, and with all of the necessary legal framework. It can be easier to utilize an attorney to establish the business, than to use an attorney to fix anything that goes wrong as the result of not understanding which business structure to use. This really depends on your comfort level with completing the required paperwork, and willingness to assume future risk.

We would advise that you use an attorney to handle the legal aspects of your company, as a trusted resource for you to lean on, which will allow you to stay focused on the rest of your business planning. Most businesses will find that at some point during their operation they will need to seek the services of an attorney. Whether that is because of employee issues, a lawsuit filed by a disgruntled customer, or because you need a contract reviewed or drafted, working with a lawyer from the very beginning can help establish that relationship with a legal resource who is aware of your goals and plans at a detailed level. Whether you are located in Central Ohio, Southeastern Ohio, Fairfield County, Hocking County, Licking County, Pickaway County, Franklin County, Lancaster, Baltimore, Circleville, Buckeye Lake, Newark, Logan, Canal Winchester, the Greater Columbus area or other locations nearby; we have you covered. Check out the nearest location to you by clicking Our Locations Page

Q: Why should I incorporate or establish a business structure? 

A: In many cases, this shifts the liability from being personal, in a sole proprietor role, to the business. This would mean that the company owns any potential business debt, and not you as an individual, unless you have also given a personal guarantee. There may also be some worthwhile tax advantages for businesses, which can’t be realized as a sole proprietor. We suggest you consult with an attorney to determine which business structure may be right for you. 

Q: What are the differences between articles of organization and articles of incorporation? 

A: Articles of organization are filed for an LLC, while articles of incorporation are filed for a C Corporation or an S Corporation. In either instance, much of the same information is required to be filed with the Secretary of State in order to document the formation of your business. At the most basic level this will include the name of the business, street address, and similar information. 

Q: What is the difference between an S Corporation and a C Corporation? 

A: The most obvious difference is in who pays the taxes. In a C Corporation the tax is paid by the business itself, on any income, plus tax is paid on owner income. In an S Corporation, owners report the company revenue as personal income. 

Q: Will an attorney travel to me, or do I need to come to your offices in either Lancaster or Canal Winchester? 

A: While some meetings will need to be held in our offices we know that you are busy, as a business owner, and try to minimize your travel time by offering two convenient locations in both Lancaster and Canal Winchester, Ohio. It is our goal to minimize the disruption to your life caused by legal issues. We find that many communications or meetings can be conducted through emails or phone calls which can save you time and money. We understand that In certain circumstances it will not be possible for clients to physically come to our offices, and visits to your location may be required. If a Dagger Law attorney is retained to represent you, they will travel to all of the necessary court hearings and legal procedures in order to represent you, anywhere in Ohio! Please note that in some instances the cost to represent your case may require an unusual amount of money due to travel expenses. In such cases, we may recommend using legal representation closer to the location of your case. We are happy to provide referrals in these instances, if we are able. 

Don’t see your particular issue listed above? That is no problem! We enjoy a challenge, and are happy to assist you with the legal issue that you are facing. Use our convenient Contact Page to schedule an appointment to discuss your legal matter with an attorney. 

Contact one of these Dagger Law attorneys for assistance with your business structuring needs.