Law Office of Yoel Molina, P.A.
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Law Office of Yoel Molina, P.A.
10 THINGS THAT FOREIGN BUSINESSES AND INDIVIDUALS SHOULD KNOW ABOUT U.S. CORPORATE LAW BEFORE STARTING A BUSINESS
By Yoel Molina, Esq.
Email: fd@molawoffice.com | Office: 305-548-5020 2655
S. Lejeune Road, Suite 500 Coral Gables, FL 33134
As a corporate attorney in Miami, Florida, I have assisted numerous foreign companies and individuals in starting and operating businesses in the United States. One of the most crucial areas requiring guidance is U.S. corporate law. If you are a foreign business or individual planning to initiate a business in the United States, here are 10 things you need to know about U.S. corporate law:
Types of Corporate Entities: Businesses can be formed as corporations, limited liability companies (LLCs), limited partnerships, and limited liability partnerships, each with distinct legal benefits and obligations.
Incorporation: To establish a corporation in the United States, a company must file articles of incorporation in the state where it intends to operate.
Shareholders: Corporations have shareholders who own shares of the company and have voting rights and participation in profits.
Directors and Officers: Corporations have a board of directors overseeing company management and an executive team handling day-to-day
operations.
Bylaws: Corporations must establish bylaws that outline rules and regulations for company management.
Disclosure Obligations: Corporations must file financial reports and other disclosures with regulatory authorities, including the Securities and Exchange Commission (SEC).
Liability: Corporations and their directors and officers may be held liable for violations of securities laws, fraud, and other unlawful activities.
Mergers and Acquisitions: Companies can merge or acquire other entities to expand operations and acquire assets.
Minority Shareholders' Rights: Minority shareholders have certain legal rights to protect their interests and prevent abuse of power by majority shareholders.
Dissolution: Companies can voluntarily dissolve or be dissolved by regulatory authorities for non-compliance with laws and regulations.
If you need guidance on U.S. corporate law, I am here to assist you. As a corporate attorney in Miami, Florida, I possess the experience and knowledge to navigate the complexities of U.S. corporate law. My firm has received an excellent rating on AVVO, and I hold a 5-star rating on Google, demonstrating my commitment to delivering exceptional legal services to my clients. If you're interested in learning more about how I can support your business's legal needs in the United States, I invite you to schedule a consultation with me today.
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