Deer Park Business Law: Selecting the Right Entity Type for Your New Business

Deer Park Business Law, entity typeAre you planning to start your own business in Deer Park, Washington? Business law can be very complicated and difficult to understand. It’s important, therefore, to ensure your company is correctly designated. Consider these common entity types; then speak with a lawyer to ensure you select the right entity type for your business needs.

Sole Proprietorship

A Sole Proprietorship is an ideal entity type for individuals or married couples running a simple business. Even a small, family-owned company like this must adhere to all business law and regulations.

Limited Liability Company (LLC)

LLCs are formed by one or more individuals must file a document detailing factors like management and interest assignability. In most cases, this designation protects the owners from lawsuits. A business law expert can assist with the application process.

Corporation

Corporations are often larger and more complex. After working with a business law professional to acquire this entity type designation, the owners will have a number of rights, privileges, and liabilities. They may also be granted additional tax and financial benefits, but are often responsible for higher licensing fees and less direct control.

Need Business Law Advice and Assistance in Deer Park?

Do you need business law advice or professional assistance filing your company paperwork in Deer Park? The legal aspects of starting a business don’t have to be complicated or stressful! To receive expert advice and excellent customer service, contact Steven Wee Law Office in Spokane today. Our highly-trained and experienced team has the knowledge and skills required to get your business squared away in no time. We also specialize in estate planning and church law. Visit our website for more information about our company and the many legal services we offer. You can also call us at (509) 260–9364 with questions or to schedule an appointment. We look forward to serving as your business law solution in Deer Park.

Deer Park Business Law Experts

Serving the communities of Spokane, Spokane Valley, Liberty Lake, Deer Park, Nine Mile Falls, Airway Heights, Cheney, and Mead