Austin Business Formation Lawyers

Davis Business Law offers a wide range of affordable legal services to those looking to start new businesses, such as sole proprietorships, corporations, limited liability companies (LLCs), and partnerships. We can also help if your business has been around a while and you want to formalize it or switch entity types.

Our primary focus is on helping our clients make smart business decisions, and we’ll be with you every step of the way.

Select Your Entity Type

The most important step in business formation is deciding what type of entity your business should be. Should it be an LLC or a corporation? What does it mean to be an S-Corp? Is your business eligible to be a partnership with limited liability? Can you limit your liability even if you’re the only owner in your business? And what are the pros and cons of each different entity type?

It is confusing. It is important. And Davis Business Law’s team of experienced business attorneys can help you sort it out. We will gather and evaluate information about your business and what your expectations and needs are. Then we can provide our reasoned opinion on which entity option makes the most sense for you. Don’t make a blind or hasty decision. We can help.

Prepare Organizational Documents

Your new business needs organizational documents to build a firm foundation for growth, development, and risk prevention. The type of documents you need will vary depending on the type of entity you choose.

For example, if you choose a corporation, you will need articles of incorporation and a shareholder’s agreement. If you choose an LLC, you will need articles or organization and an operating agreement. If you choose a partnership, you will need a partnership agreement.

These documents define the rights and responsibilities of the members or owners, and their relationships to each other and to the company. Poor or non-existent organizational documents are one of the primary causes of expensive and destructive disputes between business partners. By investing in good documents that clearly define each role, you can prevent future confusion and conflict.

Registering Your Business and Setting Up for Taxes

Another important step in starting a business is to file your business name with the government. You can register your new business name directly on the Secretary of State’s website, and our attorneys are happy to advise on the proper way to register your name and move through the business formation process.

Also, to legally run your business in Austin, you’ll need to apply for a tax permit with both the state and the federal governments and obtain a tax ID. Tax permits are required if your business sells taxable services or if you sell or lease tangible property. The application process can be confusing, and our attorneys can help ensure that all the necessary paperwork is filled out correctly and submitted on time.

Licenses and Permits

While general business licenses are not required in Texas, there may be specific license, certification, and permit requirements for business activities at state, federal and local levels. The attorneys at Davis Business Law have experience in all areas of business formation, and we can help you in identifying and obtaining the necessary documentation to operate legally in Austin.

Let Davis Business Law Help with Your Austin Startup

Starting a new business in Austin, TX is an exciting process, and ensuring you have all your ducks in a row from the beginning can help prevent legal issues from popping up in the future. As seasoned business formation attorneys, Davis Business Law is here to help you navigate the steps so your business can thrive from day one. If you’re ready to move forward with your new business venture, look to us for assistance with everything from registering your business name to obtaining the proper licensing and permits. Contact our firm today to schedule an initial consultation.