What corporate documents can an attorney prepare in Pompano Beach Florida?

Initial corporate structure.

New business entities must go through legal processes to start a corporation.  An attorney can be helpful in setting up activities that will make a business entity legal in the State of Florida. 

1. Naming a corporation. Filing a request for the name you wish. A name search is necessary before submitting documents and should not be assumed by the business until a formal acknowledgement is sent from the Division of Corporations.
2. Drafting articles of incorporation. An attorney can assist with the creation of this document that includes: 1) a principal office or street address for the business, 2) a mailing address if different from street address, 3) choosing a registered agent and supplying their name and address who will be the person responsible on behalf of the business who has a physical address not a P.O. Box, 4) a signature on the proper form for the registered agent accepting obligations of Florida S 617.0501, 5) a specific purpose for the corporation such as “community support,” 6) choosing a governing body for the corporation and how they will be elected, 7) drafting by-laws which will state how the company will be run, 8) choosing an effective date of the corporation which will require annual renewal documents with the State, and 9) providing signatures of all responsible parties to the corporation.
3. Applying for a DBA or Fictitious Name assignment if necessary.
4. Setting up DUNS numbers for federal granting agencies.
5. Tax structures are important to set up early so filing of returns is made easy.

Restructure corporation.

When a corporation changes ownership, updates officers and executives, has disputes with partners or needs to make a culture change to advance in the current business market, organizational documents will need to be amended to reflect any and all changes to the business, including the division of assets for the continued stability of the existing entity, changes in governing bodies and board directors, for the future success of the new entity. Restructure activities include:

1. Adding or removing partners;
2. Changing corporate structure in line with latest tax laws;
3. Defining new operation changes;
4. Selling or purchasing assets;
5. Modifications of business owner’s interests;
6. Renegotiation of internal and external contracts;
7. Division of company assets including client lists.

Entity division.

During a company split or restructure, the sale or division of assets will be important to address.  A business contract will need to be drafted to specify how the sale is organized and what assets will be transferred to the new owner, including client list and non-compete agreements. 

Client lists and non-compete.

Client lists are an important part of the value of a company.  Whenever possible a cost-benefit analysis should be undertaken to calculate profits for each individual client.  It will be important for both companies to survive the split by 1) retaining valuable clients, 2) addressing client costs, and 3) determining present and future income from clients. 

A non-compete agreement is a legal agreement between an employer and an employee regarding business activities that are conducted often containing business secrets or proprietary information that should remain inside the business. In most instances, employees, contractors, and consultants have to sign these types of agreements. 

Hire an attorney.

When corporations are set up, or restructured, documents need to be drafted with the assistance of legal professionals to protect the interests of business owners and corporate governance.   

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