Limited Liability Companies
A Limited Liability Company (LLC) is a popular business structure that combines the legal protection of a corporation with the simplicity and flexibility of a sole proprietorship or partnership. It helps protect your personal assets from business debts and liabilities. LLC owners are called members, and there’s no limit to how many members an LLC can have. Members can be individuals, corporations, other LLCs, or even foreign entities. Florida also allows single-member LLCs.
An LLC can be managed collectively by its members or by an appointed manager, who is usually one of the members. Setting up an LLC can be relatively straightforward, but consulting with an attorney can help you avoid missteps and make sure you comply with all requirements.
Ready to form your LLC?
Scope of Services
TCLG has proudly represented and advised hundreds of companies on their corporate governance needs. Our firm can do the same for your company! Here are some of the corporate structure and governance services our firm offers:
- Formation of business entity
- Draft/Amend Articles of Incorporation, Organization or Partnership documents
- Draft/Amend Bylaws, Operating Agreements, and Shareholder Agreements.
- Draft/Amend Buy-Sell Agreements,
- Draft notice of meetings and corporate resolutions
- Create equity classes and/or preferred rights within your corporate structure
- Represent your company from start to finish in any M&A and Restructuring transaction.
- Draft investor or subscription right agreements
- Represent your company in regulatory compliance and investigations matters
- Develop and draft crisis management policies
- Develop and draft Risk Management policies
- Review shareholder communications
