-
An LLC is the most popular business structure in Florida and for good reason. It provides personal liability protection, keeping your personal assets separate from your business, while offering flexibility in how the business is managed and taxed.
Whether you are a solo entrepreneur or launching with partners an LLC gives you a solid legal foundation without the complexity and formality of a corporation.
At Bavaro Legacy Law we form LLCs for business owners across Lakewood Ranch and Sarasota and make sure every operating agreement is drafted to protect your interests from day one.
-
If you have an LLC formed in another state and you are now operating in Florida or have relocated here, you may be required to register your business as a foreign LLC with the Florida Division of Corporations.
Operating in Florida without proper registration can expose you to fines, loss of liability protection, and the inability to bring legal action in Florida courts.
At Bavaro Legacy Law we handle foreign LLC registration quickly and correctly so your business stays compliant and your personal liability protection stays intact.
-
A corporation offers the strongest liability protection and is often the right choice for businesses planning to raise outside investment, issue stock, or operate with a more complex ownership structure.
Florida recognizes both C corporations and S corporations. A C corporation is taxed as a separate entity. An S corporation passes income and losses through to shareholders avoiding double taxation, but has specific eligibility requirements including a limit on the number and type of shareholders.
Choosing between an LLC and a corporation is one of the most important decisions you will make for your business. At Bavaro Legacy Law we help you understand the implications of each and choose the structure that fits your specific goals, your tax position, and your long term vision.
-
How you structure your business today directly affects what happens to it when you pass away or become incapacitated.
Without proper planning your business interest may end up in probate. Your family may have no ability to manage or access the business during a critical period. Your business partners may find themselves in business with your heirs whether they wanted to or not.
At Bavaro Legacy Law we look at business formation and estate planning together because they are two sides of the same coin. When we form your business we make sure it is structured to work with your overall estate plan so that everything you have built is protected both during your lifetime and after.
Start your business the right way. With the right structure, the right documents, and the right plan behind it.
Schedule your free consultation with Vito Bavaro, Esq. today.