Small Business Law…
Business Formation
Selecting the form of business entity for one’s business is a fundamental decision that a business owner faces. Collaborating closely with the business owner and his or her accountant, Otten & Associates attorneys evaluate and identify appropriate business entities and prepare the documents necessary to set up the company in compliance with Minnesota statutes. Business entities are formed as:
- corporations, (Subchapter S and C)
- limited liability companies,
- partnerships (general and limited liability) and
- sole proprietorship.
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