Trusted NY LLC Lawyer for Your Needs
When forming a limited liability company (LLC), a diligently crafted operating agreement is crucial. This important document outlines the financial and functional operations of new businesses.
Contacting a New York law firm will ensure you properly register and structure your new LLC. The LLC attorneys at Lawyer For Business understand New York business entity formation and dispute resolution.
How Does New York LLC Formation Work?
Forming an LLC establishes a unique business entity. This corporation can open bank accounts and conduct various business operations and has a unique tax identification number.
Business entities formed as LLCs are pass-through entities for taxes, meaning owners are only taxed on their profits once. LLCs may also elect S-Corporation status and be taxed as an S-Corporation. A New York LLC lawyer can work with your accountant to advise you on which tax election suits your needs.
Types of LLC Services We Offer
Establishing an LLC is a complex process that requires specific knowledge. The skilled legal team at Lawyer For Business can assist you with the following:
- NY LLC Formation
- NY LLC S-Corporation Election
- EIN Obtainment
- Biennial Statement Registration
- Biennial Statement Filing
- Single-Member Operating Agreement
- Multi-Member Operating Agreement
- Partnership Agreement
- Buy-Sell Agreement
- Membership Interest Certificate
- Membership Transfer
- Membership Transfer Restrictions
- Annual Meetings
- Annual Reports
- Convert DBA to LLC
- Convert LLC to S-Corporation
- Convert C-Corporation to LLC
- DBAs
- NY LLC Publication
- NY Professional LLC (PLLC) Formation
- NY PLLC Publication
- NY LLC Dissolution
- Equity Vesting Agreement
- LLC Management
- Member Agreement
- Member Resolution
- Addition of Members
- Dilution of Membership
- Sale of Membership in LLC
- Death/Bankruptcy/Divorce/Incapacitation of LLC Member
- Non-Disclosure Agreement Amongst LLC Members
- Indemnification of LLC Members
- Non-Competition Agreement Between LLC Members
When you need legal assistance with any issues, including PLLC formation or NY LLC S-Corporation Election, contact the friendly staff at Lawyer For Business. Our Limited Liability Company lawyers are ready to assist you with any matters related to corporate law.
Our NY LLC Formation Packages
Lawyer For Business offers exemplary legal services at competitive prices.
Our single-member New York LLC formation package starts at only $1,850. This includes the following services:
- Introductory discussion;
- Consultation to determine the most appropriate corporate structure;
- Business entity name availability verification;
- Filing required New York state documents;
- Submission for publication;
- Assistance obtaining employer identification number (EIN);
- Drafting a single-member operating agreement.
We also offer a multi-member (“partnership”) LLC package starting at only $2,100. This LLC formation package includes:
- Introductory business consultation;
- Determination of an appropriate business structure;
- Name verification search;
- Filing of New York’s required legal documents;
- Submission for publication;
- Help to obtain EIN;
- Drafting a multi-member operating agreement;
- Guidance from LLC lawyers for required ongoing filings.
With these competitive prices, you can ensure that your LLC is established properly.
Why Choose Us?
Avoid making costly mistakes by using an online LLC formation company. It’s critical to secure the services of a seasoned and reliable business law firm. Fortunately, the team at Lawyer For Business has the skills and knowledge of federal and state laws needed to handle any corporate law issue in New York.
When you work with us, you'll enjoy:
Our legal team is results-driven and client-focused. We understand the importance of protecting our client's legal and financial interests in an ever-shifting business landscape. Whether you need to establish an LLC or resolve a business dispute, we can help.
Experienced LLC Attorney Near You
When you need a skilled business attorney on your side, contact the veteran legal team at Lawyer For Business. We proudly represent clients in Buffalo and across New York.
The team at Lawyer For Business has helped numerous clients handle issues related to corporate law. Our firm negotiated on behalf of one client to recover a Return Merchandise Authorization (RMA), resulting in a return of inventory items worth six figures.
We’ve also assisted clients in ensuring that their companies were compliant with New York’s business regulations.
Our legal team has also helped a large company seeking to establish one part of its operations as a distinct legal entity. Doing so protected the financial interests of a co-owner from unreasonable debts and liabilities. Our clients understand that our trustworthy legal professionals are working in their best interests. Here are a few of our stellar reviews:
Excellent track record
Fee transparency
Personal attention
New York LLC Formation Attorney
Our NY LLC Formation
Packages
- Gold Legal Plan$1,500/month*
- Recurring 1-hour monthly meeting to perform legal audit, discuss concerns, create plan
- Up-front, flat-fee pricing for legal entity formation and trademark filing
- Review of up to 2 commercial documents
- Priority turnarounds, typically 1-3 days
- Diamond Legal Plan$4,000/month*
- Recurring 1-hour monthly meeting to perform legal audit, discuss concerns, create plan
- Up-front, flat-fee pricing for legal entity formation and trademark filing
- Review of up to 2 commercial documents
- Priority turnarounds, typically 1-3 days
- Review of up to 5 contracts or commercial leases
- Bi-weekly 30-minute client conference to discuss legal concerns and create plan
- On-Demand General Counsel$7,500/month*
- Recurring 1-hour monthly meeting to perform legal audit, discuss concerns, create plan
- Up-front, flat-fee pricing for legal entity formation and trademark filing
- Review of up to 2 commercial documents
- Priority turnarounds, typically 1-3 days
- Review of up to 5 contracts or commercial leases
- Bi-weekly 30-minute client conference to discuss legal concerns and create plan
- Review and revise up to 10 contracts or commercial leases
- Weekly 30-minute client conference to discuss legal concerns and create plan
- Unlimited emails with a New York State licensed attorney
- Dedicated phone line for priority calling
*12-month annual commitment required for pricing shown. Month-to-month pricing available at additional charge of 20%. Cancel at any time. 30 days’ notice required to cancel month-to-month plans.
Testimonials
Contact Us
When you need a business lawyer for LLC formation in Buffalo and New York, contact Lawyer For Business.
FAQs About New York LLC
What is the difference between LLC and PLLC?
Professional Limited Liability Companies (PLLCs) are a type of New York LLC specifically for licensed professionals, such as physicians, attorneys, architects, or accountants.
Many of these professions are more likely to face a malpractice suit than other types of professionals; forming a PLLC shields the other members of the practice from being named or having personal assets seized in a malpractice suit against one of the members.
What is the New York LLC publication requirement?
The Limited Liability Company laws in New York State require all NYS LLCs to publish a notice of formation within 120 days of the LLC’s filing approval. The NY Department of State requires a certificate of publication and/or affidavit of publication within 120 days; otherwise, the LLC is not legally permitted to conduct business. If the LLC is conducting business, its authority to do so will be suspended.
What are the advantages of forming an LLC in New York?
Forming a New York LLC offers many benefits. Perhaps the biggest benefit is that this type of corporation limits the liability of each member to only the money each invested into the company.
Other benefits include:
- Partnership pass-through tax benefits;
- No residency requirements for LLC members – they don’t all have to live in NYS, nor be U.S. citizens;
- No limit on owners;
- Owners of the LLC are protected from liability for acts of the LLC, negligence suits, and debts.
What are the requirements for LLC formation in New York?
When seeking to establish an LLC in New York, you must complete and file the required paperwork. You must also obtain an agent and designate a name for your business.
What is the difference between an LLC and a traditional corporation?
The primary difference is ownership. An LLC is owned by an individual or group of “members”, while a traditional corporation is owned by a group of “shareholders”. Tax obligations are different as well.
How much does a lawyer charge for an LLC in NY?
The price for legal services will depend on your professional needs. Fortunately, Business for Lawyer provides premier services at affordable rates.