ADVISING BUSINESSES LARGE & SMALL
Jafari Law APC is here to assist business owners and individuals with all their Business law needs. We are a business-savvy firm and are able to provide timely, client-oriented services in an ethical, friendly, and professional environment. The firm’s approach focuses on each client’s background, needs, and goals, and the firm is committed to excellence.
We are here to advise both large and small businesses in choosing the right structure of operation, the formation of their business, matters of real estate (including leases), partnership agreements, commercial leasing, and contractual disputes.
ADVISING BUSINESSES LARGE & SMALL
Jafari Law APC is here to assist business owners and individuals with all their Business law needs. We are a business-savvy firm and are able to provide timely, client-oriented services in an ethical, friendly, and professional environment. The firm’s approach focuses on each client’s background, needs, and goals, and the firm is committed to excellence.
We are here to advise both large and small businesses in choosing the right structure of operation, the formation of their business, matters of real estate (including leases), partnership agreements, commercial leasing, and contractual disputes.
BUSINESS SERVICES
CHOICE OF ENTITY
We are here to assist you with choosing whether a corporation, partnership, LLC or other business structure would be the best for you, based on the advantages and drawbacks of each type of entity.
REGISTRATION & FILING
Our office will take care of every step of the process of filing and registering your business with the California Secretary of State’s office.
INCORPORATING DOCUMENTS & PROCEDURES
Our office will assist you with all facets of setting up your business including:
- Preparing the Articles of Incorporation
- Preparing the ByLaws
- Obtaining an EIN number
- Preparing the opening minutes and your first organization meeting
ENTITIES
C CORPORATIONS
C corporations are the most common corporate structure and are an independent legal entity owned by shareholders. The corporation itself, not the shareholders that own it, is held legally liable for the actions and debts the business incurs. This provides an advantage to the shareholders, as their personal assets are not on the line.
Due to the fact that the corporation is a separate entity, it is also viewed as an individual taxpayer by the (IRS). As a result, corporations are subject to double taxation, in that the profits are taxed once on the corporate level and a second time when they are distributed as dividends to the shareholders.
S CORPORATIONS
The shareholders of a corporation may elect for the corporation to be taxed under IRC Subchapter S, if the corporation meets certain qualifications to become an S corporation. The potential advantage is that S corporation’s income, losses, and tax credits are passed through to the corporation’s shareholders without being taxed at the corporate level. Thus double taxation is eliminated.
PROFESSIONAL CORPORATIONS (PC)
A professional corporation is a corporation created under state law to practice a particular profession in corporate form. The purpose of the corporation is to render professional services in a single profession, such as accounting, architecture, dentistry, law, medicine, etc.
LIMITED LIABILITY COMPANIES (LLC)
An LLC combines the limited liability attribute of a corporation with the favorable taxation treatment and structural flexibility attributes of a partnership. Depending on the desires of the members of the LLC, the LLC may be structured to resemble a sole proprietorship, a partnership, or a corporation.
GENERAL PARTNERSHIPS (LP)
A general partnership must have two or more persons carrying on as co-owners of a business for profit. The business is not a separately taxed entity; rather, it is a channel where the profit or loss flows through to the partners. The partners report their share of the partnership profit or loss on their individual income tax returns.
LIMITED PARTNERSHIPS (LP)
A limited partnership is similar to a general partnership, with the except that in addition to one or more general partners, there are one or more limited partners. The general partner has management authority and carries the general liability while the limited partner is a passive investor who has no management authority.
SOLE PROPRIETORSHIPS
A sole proprietorship is the simplest form of a business organization, in which an individual engages in business personally and without either co-owners or the use of an entity such as a corporation. A sole proprietor is personally liable for the debts and obligations of the business.
BUSINESS CONTRACTS
Contracts are the basis of every transaction and business. Creating the right contract that covers all your rights and responsibilities is the key to creating a positive environment for your transaction and/or business as well as protecting yourself from any future issues you may face.
Jafari Law APC is here to offer you services that fit your unique contract needs, whether its negotiating existing contracts, reviewing contracts or drafting new contracts. We’re happy to provide the expert legal guidance that you need.
The best way our attorneys can serve you is if we are able to be involved early on in your transactions. That way we could provide you with the best advice on what kind of agreements your transaction or business needs and perhaps advise you on matters that you would not normally think of.
We negotiate and draft contracts for many different businesses in a wide variety of industries, including general business, real estate, entertainment, fashion, event planning and marketing/advertising.
SOME OF THE AGREEMENTS OUR ATTORNEYS ARE EXPERIENCED IN ARE:
- Non-Disclosure Agreements
- Licensing Agreements
- Shareholder Agreements
- Stock Purchase Agreements
- Independent Contractor Agreements
- Employment Agreements
- Joint Venture Agreements
- Commercial and Residential Leases
- Operating Agreements
OUR ATTORNEYS USE A PROCESS THAT WILL HELP YOU ACHIEVE WHAT YOU NEED AND DESIRE OUT OF YOUR AGREEMENT:
Step 1: Consult with our attorneys about your objectives and we will discuss with you what options are at your disposal and advise you on the best approach.
Step 2: We will than draft an initial document based on the consultation and will ensure that all topics discussed are covered in the initial document.
Step 3: You will then review the document and comment on any modifications that need to be made. Any necessary changes will be executed and returned to you for a final review and approval.
Step 4: We will then present the document to the other party, and assist you in any sort of negotiations and changes that occur. Finally, the document will be executed and we will close the deal.
The list above is not an exhaustive list of contracts that our attorneys can assist you with. Give our offices a call at (714) 546-4600, we will discuss with you your needs and how we can help you.
