Most of us understand the laws that govern our daily lives, however understanding business law can be more difficult. At The Law Offices of Gary I. Handin, P.A., we offer legal services to help any small business owner in Broward, Miami-Dade, and Palm Beach counties.
Understanding Business Law
Business law affects how your business runs, from employment law to tax law, workplace safety, or contract law. Being aware of potential issues and having a professional lawyer on your side ensures you have legal help when you need it.
If you’re setting up a new business, it can be a stressful experience. However, with an experienced business law attorney you can be confident that your new venture will be operating within the laws pertaining to the State of Florida.
When Should You Use Legal Services?
Our experienced legal staff has extensive knowledge in all things pertaining to business law. There are many instances when running a small business when you should consult a layer, including:
Creating & Registering LLCs
A limited liability company (LLC) is a popular business structure that protects business owners from personal liability. The LLC registration process can be difficult to understand, so consulting an attorney who specializes in business law will ensure your business is created properly.
Forming a Corporation
Corporations require many important decisions to be made before incorporating them such as what clauses to include in the Articles of Incorporation, how to structure stock, who the registered agent will be, and what your corporate purpose is.
When you want to raise capital for your business or are planning to give your employees a stock option agreement, getting legal advice is important. Our business law legal team ensures your business complies with all securities laws and that all documents are prepared correctly.
Obtaining Your Federal ID Number
Once your business is incorporated in Florida, you must get a federal ID number Employee Identification Number or EIN. This nine-digit code is used by the IRS to identify your business and is often used when running your business from opening a corporate bank account to paying payroll taxes.
Getting Valid Sales Tax Numbers
The Florida State Department of Revenue is responsible for assigning individual sales tax numbers to registered businesses. This is used as your sales tax ID number, which is required to collect, pay, and report taxes to the state.
Legal Services That Protect Your Small Business
When you’re starting a small business or currently running one, you should always have a basic understanding of business law. At the Law Offices of Gary I. Handin, P.A., our team has years of experience with business law and other related legal sectors. To learn more about our legal services, visit our webpage at Handin Law or give us a call at 954-796-9600.