Do I Need an Attorney To Incorporate My Business?

Incorporation word concept on cubes You can form a corporation without a business attorney. After all, there’s no legal requirement to retain a lawyer during this process. However, it isn’t always the best decision to go it alone.

If you know which entity will work best, and can draft the necessary legal documents, then you might be able to save some money by doing it yourself. However, if you’re unsure how to structure your corporation, are in a complicated situation, or feel nervous about making a mistake, you’ll benefit from the strategic counseling that an experienced lawyer can provide.

What Does It Mean To Incorporate a Business?

Incorporation is the legal method used to form a corporate entity or company. The resulting entity is known as a corporation. You can easily identify corporations because their names are typically required to contain suffixes such as “Limited,” “Corporation,” “Company,” “Incorporated,” or an abbreviation of one of these words. However, this can vary by state.

The assets and cash flows of a corporation are kept separate from its owners and investors. It becomes an entity with legal rights that are recognized by the state. A significant advantage of incorporating your business is that you will be protected from its debts and liabilities.

How Our Lawyers Can Help You Incorporate

Our attorneys will usually assist you with the following tasks during the incorporation process:

  • Deciding whether to register as a C-corporation or an S-corporation
  • Choosing an available corporate name
  • Preparing the articles of incorporation and bylaws 
  • Appointing initial corporate directors and electing officers
  • Setting up a corporate records book
  • Issuing shares of stock

Get Started with a Free Legal Consultation

The attorneys at Markoff Leinberger can assist you with incorporating your business. Our team knows how to help you select the right structure, draft and file formation documents, and set you up for success. We free up your time so you can focus on other responsibilities.

Call 312-726-4162 today to request a free initial consultation and learn more about our legal services. We are proud to work with clients in Illinois, throughout the Midwest, and nationally.

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