Riverside County Corporate Lawyer
Corporate law is complex, full of legal jargon and obligations and responsibilities. Without legal representation, it is easy to make mistakes and suffer huge losses to your business. Hiring a Riverside County corporate attorney or business lawyer means that you can focus on your business and forget about the legal stuff.
Our Riverside County corporate lawyers and business attorneys can handle any corporate law issue. Here are some of the most common corporate law services we offer:
Shareholder Agreements
A shareholder agreement is a private agreement regulating the relationship between the corporation and its shareholders. There may be provisions for how disputes are handled or to provide extra protection to the business or its shareholders.
S Corporations
S corporations funnel all their finances through shareholders to avoid double taxation. There are several eligibility requirements for this type of company, so it is vital to consult a Riverside County corporate lawyer or business attorney before forming one.
C Corporations
The owners of C corporations have limited liability for the company’s actions. It operates as its own entity independent from its owners. A C corporation’s profits are taxed on the company’s profits.
Partnership Agreements
A partnership agreement should outline the rights and obligations of each partner. It is a written agreement which is binding and enforceable under the law. A quality partnership agreement should cover:
- Division of assets if the partnership ends
- What will happen if one partner dies or becomes disabled
- The rights and responsibilities of each partner
- The terms under which the business may be sold.
- The terms under which partners may be bought out
Confidentiality Agreement
Confidentiality agreements are legally enforceable contracts which state that certain information is to be kept confidential. An NDA is a common example of a confidentiality agreement. If a party reveals information covered by the agreement, they are in breach of contract.
Joint Venture Agreements
Joint ventures are two or more parties who develop an asset or entity by pooling their skills and resources. A written agreement is vital to laying out the terms of the agreement, including:
- The timeframe
- Allocation of profit and losses
- Expenses
- Share control
A written agreement will ensure each party holds up their end of the bargain and the project will be successful.
Option Purchase
An option purchase provides a party with the option to purchase something at a fixed price up until a certain date. There is no obligation to make the purchase, but there is a guarantee of availability. This is often used for real estate, stocks, or foreign currency.
Corporate Bylaws
Corporate bylaws regulate the way a business is run and will include the company’s rules, procedures, and principles. Sometimes, these are stated in the articles of incorporation when the business is first created.
Corporate Resolutions
This document states which individuals have permission to take the specified actions on behalf of the corporation. Some of these actions may include selling, transferring, or assigning securities. Until the resolutions are revised or rescinded, corporate resolutions are binding.
Non Profit Organizations
Non profit organizations are run differently to traditional corporations. Any profits are not given to owners or shareholders. Instead, they are retained for future operations.