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Business Formation Lawyers in Buffalo, NY

An experienced business formation attorney can help New York start-ups and entrepreneurs form a company or partnership. We guide clients through the options to legally establish their business, draft and negotiate contracts, and secure licensing and permits.

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Trusted Buffalo Business Formation Attorney to Start Your Business in Empire State

Choosing the right legal business entity starts your venture off right. An experienced business formation lawyer guides you to the right legal designation so that you’re taxed properly and have the means to raise capital from day one and as you grow.

We help start your business formation off right and give professional guidance so that you understand your options and make the right choices for your enterprise.

Buffalo-Niagara Lawyer For Business has the experience and deep knowledge of New York state business to help with the start-up and expansion of business entities. We evaluate your unique needs to create a focused approach for your small business legal needs.

As a small business, we appreciate the unique challenges that small business owners in New York face. Our business formation attorneys are committed to getting to know you and helping you grow, protecting your legal interests every step of the way.

Business Entities We Help to Set Up

We will help you set up any type of business entity and start conducting business.

Here are just a few of the business formations we can assist you with:

Limited Liability Company (LLC)

A limited liability company offers tax efficiency and operational flexibility, with the limited personal liability of an incorporated business. Business owners may have greater operations flexibility than corporations and reap many tax benefits.

However, an LLC has some limitations, namely capital structure and complex tax and accounting requirements.

General Partnership

General partnerships are associations of two or more co-owners. These may be formed by entering into a partnership agreement or by default when two or more parties are conducting business in concert.

The partnership is a separate entity, although the liability of each partner in the arrangement is unlimited for both their own actions and those of the other partners.

Limited Liability Partnership (LLP)

A limited liability partnership is similar to a general partnership in that it’s a business entity with two or more partners. It consists of general partners responsible for operating the business and assuming liability, and limited partners who are usually restricted to providing capital and who have limited liability.

LLPs must have at least one managing partner liable for the partnership's actions.

C Corporation (C Corp)

This formally separates stakeholders from the company. Shareholders are not personally liable for any liabilities or debts of the corporation.

This business entity may be subject to “double taxation,” wherein the company is taxed on its net income, and the shareholders also pay taxes on the distributed profits. It’s the best entity for raising outside investment.

S Corporation (S Corp)

S Corporations receive special tax status from the IRS, called “pass-through” taxation. This means that no tax is assessed at the corporate level, only when the profits are paid out to the shareholders. However, this business format limits who may be a shareholder and the number of stakeholders, as well as the stock classes allowed.

Nonprofit Corporation

Nonprofit corporations are dedicated to supporting charitable causes. They may file for (501(c)(3)) status with the IRS to be exempt from business taxes and to access other benefits, including receiving tax-free donations, lower postage rates, and grants.

Establishing a nonprofit can be complicated, and the services of a business entity lawyer can help owners avoid potential tax pitfalls.

Choosing the Right Business Entity

One decision you’ll make as a business owner in New York state is your business format. Your choice will impact your tax burden, ability to raise capital, and ability to make your business a publicly traded company.

The right business entity protects you personally, shielding you from debts and liabilities incurred by the business. A business entity attorney files the documents, secures the permits, and properly drafts partnership and employment agreements to outline each party’s responsibilities and obligations in case of a dispute or dissolution.

These are some of the things we consider when determining the right business entity for your goals:

Business Entity Features C Corp S Corp LLC
Limited Liability
Double Taxation
Simplicity of Formation and Low-Cost
Tax Break for Gains on Qualified Small Business Stock
Limitations on Capital Structure
Step-up in Tax Basis from Undistributed Earnings
Flexible Organizing Documents

Our Process

Cost of Our Business Formation Packages

We offer tiered pricing depending on your business entity’s legal needs, with special services for an additional fee. Our business formation lawyers guide you to the appropriate package for the type of business you’re starting.

Limited Liability Company

  • From $1750 single member LLC plus state filing fees
  • From $2000 multi-member LLC plus state filing fees

LLCs are a popular choice for small businesses with no outside investors and few partners. LLC owners are called members.  LLCs have more flexibility for paying taxes and may either be taxed as a corporation, a partnership, or a disregarded entity if there is only a single member. Your LLC business entity formation services include:

  • Verification of business name availability
  • Preparing and filing all organizational documents
  • Creating a custom operating agreement
  • Filing for a federal tax ID number
  • Filing for a New York Certificate of Authority as needed
  • Personalized advice within 48 hours from your licensed New York business formation lawyer

LLCs also have fewer formal obligations than a corporation and enjoy more flexibility in operations.

Corporation (S and C)

  • From $1750 corporation formation plus state filing fees

Corporations are entities separate from their owners, who are designated as shareholders. They afford limited liability for the individual shareholders. The business is liable for its own actions and responsible for its own debts.

It’s a good choice if the business is to have outside investors, such as venture capital, or has a goal of becoming public. Your C Corp and S Corp formation services include:

  • Verification of business name availability
  • Preparation and filing of incorporation documents
  • Establishing corporation bylaws
  • Obtaining a federal tax ID number
  • Obtaining a New York Certificate of Authority as needed
  • Personal advice within 48 hours from your New York business attorney
  • Custom shareholder agreement, additional $350

Your business formation attorney will guide you to forming either an S Corp or C Corp, depending on your situation. This choice also determines how the entity is taxed.

Nonprofit Corporation (incl. 501c(3) status)

  • From $1750 plus state filing fees

A nonprofit organization is ideal for an enterprise dedicated to charitable operations. Nonprofit agencies have tax-exempt status and are eligible to receive tax-free donations from public and private benefactors.

Filing a nonprofit arrangement is complex, and a New York business formation lawyer can help ensure that you aren't exposed to tax liability and are in federal and state compliance.

Your nonprofit agency formation services include:

  • Verification of business name availability
  • Preparing and filing incorporation documents
  • Filing for 501c(3), nonprofit status
  • Obtaining a New York Certificate of Authority as needed
  • Personal advice within 48 hours from your New York business attorney.

*Prices shown include legal fees only. State-mandated filing fees, newspaper fees, and additional contract drafting are additional.

Why Trust Your Business Entity Formation to Lawyer for Business?

After reviewing the business entities available for your venture, you may know which type of business entity will suit your needs. Choosing the right business entity isn’t always obvious, and a dedicated New York business formation attorney anticipates your needs and possible risk exposure.

Schedule Your Initial Consultation

Schedule Consultation

1. Initial Business Legal Planning Session

Our service to you begins with a thorough business and legal planning session where we cover your goals and concerns and explore the business structure and formation options that will allow you to accomplish your objectives.

2. Choosing the Right Business Entity

The next step is deciding on the right business entity for your new business. Choosing the correct business entity can only occur after a thorough exploration of your short- and long-term goals with an experienced business formation attorney.

3. Preparation and Filing of Forms with Government Bodies

Once we have decided on which of the business entities we've explored best suits your needs, we will meticulously prepare the required forms and file them with the appropriate governing bodies and agencies.

4. Ensuring Licensing and Regulatory Compliance

Our services include strict vigilance, ensuring that you are properly licensed and in compliance with all relevant state and federal laws, regulations, and rules of business. Doing so gives you exceptional liability protection throughout your business endeavors.

5. Protecting Your Business with Trademarks & Intellectual Property Rights

Our business attorneys not only help you with entity formation and structuring; we also protect your business through the use of copyrights, trademarks, and intellectual property rights. With airtight protection in place, you can accomplish your business goals free of worry.

When you work with Lawyer For Business for your business formation, it’s our job to see around corners for you, looking at your operational needs now and planning for your future business growth.

We take the time to get to know you and understand your goals and challenges so that each piece of advice is focused on your professional needs.

A business entity attorney is essential for ensuring that all business agreements and contracts are constructed to protect your business and yourself from risk and liability. We help you prepare for any business eventuality so that you can focus on growing your business.

Schedule Your Initial Consultation
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Testimonials
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We started working with Andrea 1 year ago. She has taken our business to another higher level. Not only is she our attorney, but she is also our business coach. Her business acumen is second to none. Her advice and guidance in the legal world have helped us navigate any potential pitfalls that may have come our way.

Seema Ali-Mojawalla
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Tarshus Law Firm, Andrea specifically, manages the contracts process for my business. Her insight and attention to detail have resulted in a better business, better relationships with my vendors and clients, and more savings financially.

Steven
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I retained Ms. Tarshus last year to assist me with corporate legal services involving my start-up business. Ms. Tarshus helped me and my company out greatly. She is a wonderful, competent attorney who assisted me with contract drafting, corporate formation, and overall business strategy.

Lyle B.

Contact Your Business Formation Attorney in Buffalo, NY

If you’re launching a business venture in New York State, consult a business formation lawyer before you open for business. Lawyer For Business combines a big firm's skill and technical knowledge with the close client relationship and unique advice you expect from a boutique business law firm.

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FAQs to Business Setup

Which business entity should I choose?

The business entity you should choose depends on the nature and scope of your business goals. Working with a business lawyer at the beginning of the formation process will help you decide which entity is right for your endeavors.

How many partners can be involved in a business entity formation?

It depends on the type of entity you wish to form. Some business entities, such as LLCs, don't have partners, but they may have multiple owners. On the other hand, LLPs and some other partnerships can have multiple partners.

Do I need an attorney to register my trademark in New York state?

No, but you probably should hire an attorney. Because the trademark application process takes so long, mistakes can cost you years. Many people who don’t hire attorneys will often spend more on fees and other costs than they would by hiring an attorney in the first place.