Business Formation

Launching a business requires more than just an idea — it requires a solid legal foundation. The structure you choose determines how profits are taxed, how liability is distributed, and how decisions are made. Early mistakes in formation often lead to personal exposure, tax issues, or disputes between partners. Marano Law P.C. provides counsel through every step of the business formation process, ensuring your entity is properly structured, compliant with New York law, and built for long-term growth.

SERVICES

FOR THE VISIONARIES

  • STARTUP & FORMATION

  • DOCUMENT DRAFTING

  • BRANDING & IP

  • BUSINESS PURCHASE

  • GROWTH STRATEGY

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    ENTITY SELECTION & STRUCTURING
    The choice of business entity affects taxation, liability, and management control. Our firm analyzes your goals, ownership structure, and industry to recommend and implement the most advantageous formation strategy.

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    LIMITED LIABILITY COMPANIES (LLCs)
    LLCs are flexible and widely used for small and mid-sized businesses. Properly drafted operating agreements define ownership interests, profit allocation, and dispute procedures.

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    CORPORATIONS
    Corporations separate business operations from ownership, offering strong liability protection and investor appeal. Compliance with state requirements is essential to preserve corporate status and avoid piercing the corporate veil.

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    PARTNERSHIPS & JOINT VENTURES
    Partnerships and joint ventures allow multiple parties to share control and profits, but also increase risk if the terms are unclear. Written agreements prevent misunderstandings and protect partner interests.

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    PROFESSIONAL & CLOSELY HELD CORPORATIONS
    Professional service providers and family-owned businesses must comply with specialized ownership and licensing rules. Proper structuring ensures legal compliance and long-term control.

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    OPERATING AGREEMENTS, BYLAWS & INTERNAL GOVERNANCE
    Strong internal documents define decision-making authority, financial control, and dispute procedures. Clear governance builds accountability and credibility with lenders and investors.

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    TAX & REGULATORY COMPLIANCE
    Compliance failures can expose owners to personal liability and penalties. Ongoing adherence to corporate and tax obligations keeps your business protected and in good standing.

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    REOGRANIZATION & RESTRUCTURING
    As businesses evolve, restructuring helps accommodate growth, new partners, or investment changes. Legal precision ensures smooth transitions without disrupting operations.

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    BUSINESS PURCHASE & SALE TRANSACTIONS
    Buying or selling a business involves more than a purchase price — it requires due diligence, clear contracts, and risk control. Proper documentation ensures a clean transfer of assets and liabilities.