Lisle Business & Corporate Lawyers | Contract Attorney, Lisle IL

It is crucial to have an open line of communication with your business attorney.  You should feel comfortable calling or e-mailing your business lawyer with any questions that arise. Here are the primary situations in which you should consult your business attorney:

• ‍Incorporating Your Business: Our Lisle business attorneys will help you incorporate your company.  First, we will discuss the benefits of incorporation, such as liability protection and employment tax savings.  We will then discuss the differences between LLCs and Corporations and assist you in making an educated choice between your options.  We will then prepare all necessary corporate filings and registrations to allow you to take full advantage of the benefits of incorporation.  
• ‍Annual Maintenance: Many business owners do not understand that in order for their corporation or LLC to be effective in protecting them from personal liability for business debt or in saving them on self-employment tax, certain corporate formalities must be maintained.  This means that it is not enough to simply file Articles of Incorporation with the Secretary of State.  Our Lisle corporate attorneys will ensure that these corporate formalities are followed, including the filing of your Annual Report with the Secretary of State and preparation of annual meeting minutes for shareholders and directors, along with all required notices of such meetings.  Note that these formalities are required even for single-shareholder businesses. 
• ‍Contract Drafting & Review:  Any time you engage in a significant business transaction with anyone, you should have our Lisle contract attorneys draft or review your agreement.  Having a properly drafted agreement protects your rights, avoids disputes and costly litigation, and puts you in the most advantageous position possible should a dispute arise.  The following are some of the types of agreements that you should always have reviewed by an attorney: asset or stock purchase agreements;  non-disclosure agreements (NDAs), non-compete agreements, non-solicitation, trade secret, and non-disparagement agreements; employment agreements and independent contractor agreements; general contractor and subcontractor agreements; amd contracts with your customers.  

Read more on how our Lisle business attorneys help you build and maintain your business.

Our Lisle Business and Corporate attorneys know that maintaining your business formalities and remaining on the right side of the law is important to you and your company. Here are 5 reasons its necessary working with our Lisle corporate attorneys when incorporating your business:

• We will advise you in order to help you select the most advantageous corporate form:  Our Lisle corporate attorneys will educate you on the pros and cons of LLCs versus S-Corps in order to find the most cost-effective and best logistical solution for your particular goals and needs.  Choosing the appropriate corporate entity can save you hundreds of dollars in Secretary of State filing fees.   If you have multiple businesses or real estate investments, Series LLCs can compound your cost savings by simplifying the filing process.  If you are a particular type of professional or in certain other types of business, you may be required to incorporate as a P.C. or PLLC.  Our Lisle business attorneys will ensure that you select the best corporate form for you, and will save your business money in the process.  
• Our Lisle business attorneys will help you follow required corporate formalities in order to receive the benefits of incorporation:  Many people who try to create a corporation without an attorney do not realize that simply filing Articles of Incorporation with the Secretary of State is not sufficient to allow you to receive the benefits of incorporation, such as liability protection and self-employment tax savings.  You may be personally liable if you are sued or audited and have not followed required corporate formalities such as executing bylaws, executing initial and annual meeting minutes for both shareholders and directors, providing proper notice for such meetings to shareholders and directors, and issuing stock certificates.  Our Lisle business attorneys will ensure that your corporation follows corporate formalities so that it will hold up in court if challenged.    
• Our Lisle corporate lawyers will register your company with the required government agencies:  Many business owners are not aware of all of the government agencies with which they are required to register when incorporating.  As part of our low flat fee for corporate set-up, our Lisle business attorneys will obtain state and federal tax ID numbers for your corporation, register your company with the Illinois Department of Employment Security, and identify and fill out any necessary paperwork specific to your particular industry.  We will allow you to focus on making your business a success, rather than worrying about red tape.  
• Our Lisle corporate attorneys will assess and advise you on any tax issues associated with the formation of your business and ensure that your business is taxed in the most advantageous manner:  Depending on your situation, filing an S-Corp election with the IRS that may save you and your business thousands of dollars in taxes.  Our Lisle corporate attorneys will work hand-in-hand with your accountant to make sure that your business is set up in the most tax advantageous manner possible.  Filing an S-Corp election can be confusing.  Fortunately, we handle this for you as part of our affordable flat fee for establishing your corporation or LLC.  
• Our Lisle business attorneys will be your long-term trusted advisors for all of your future business needs:  Throughout the life of your business a good relationship with your business attorney can be a valuable asset.  After we earn your trust by helping you incorporate, our Lisle business lawyers will assist you with drafting and review of contracts and commercial leases, navigating employee issues, planning for long-term exit strategies, and resolving business disputes.  Having an existing relationship with your trusted business attorney, will give you a competitive advantage as legal issues arise throughout the course of your business.   

‍Read more about the 11 Situations in Which You Should Contact Your Business Attorney.

Minority shareholders may not have controlling shares in a corporation however, have right s to ensure that their investment is protected. Minority sharelholders have rights and avenues to explore to make sure that investment IS protected.

What Special Rights and Remedies Do Minority Shareholders of Close Corporations and LLCs Have in Illinois? Read more in our article about these topics and more

• ‍Minority Shareholders’ Rights to Notice and Voting at Shareholder Meetings
• ‍Minority Shareholders’ Rights to Access Business Information
• ‍Breach of Fiduciary Duty  
• ‍Remedies for Oppression of Shareholders

Read more by our Lisle business attorneys about these topics and more