Law Office of Yoel Molina, P.A.

 

Phone: 305-548-5020, option 1

Email: fd@molawoffice.com

WhatsApp: 305-204-9635

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Law Office of Yoel Molina, P.A.

 

10 THINGS FOREIGN COMPANIES AND INDIVIDUALS SHOULD KNOW ABOUT U.S. CORPORATE LAW BEFORE STARTING A BUSINESS 

11 August 2023

By Yoel Molina, Esq.
 

Email: fd@molawoffice.com

 Office: 305-548-5020 2655 S. Lejuene Road, Suite 500 Coral Gables, FL 33134
 

As a corporate attorney in Miami, Florida, I've assisted numerous foreign companies and individuals in starting and operating businesses in the United States. One of the most crucial areas where guidance is needed is U.S. corporate law. If you are a foreign company or individual planning to initiate a business in the United States, here are 10 things you should 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 carrying distinct benefits and legal obligations.
 

Incorporation: To establish a corporation in the United States, a company must file articles of incorporation in the state where it intends to set up the business.
 

Shareholders: Corporations have shareholders who own company shares, granting them voting rights and a share in profits.
 

Directors and Officers: Corporations have a board of directors overseeing company management and an executive team managing day-to-day operations.
 

Bylaws: Corporations are required to have bylaws that establish rules and norms for company management.
 

Disclosure Obligations: Corporations must submit financial reports and other disclosures to regulatory authorities, including the Securities and Exchange Commission (SEC).
 

Liability: Corporations and their directors and officers can be held accountable for violations of securities laws, fraud, and other illicit activities.

Mergers and Acquisitions: Companies can merge or acquire other businesses to expand operations and acquire assets.
 

Rights of Minority Shareholders: Minority shareholders possess specific legal rights to safeguard their interests and prevent abuse of power by majority shareholders.
 

Dissolution: Companies can dissolve voluntarily or be dissolved by regulatory authorities in case of non-compliance with laws and regulations.
 

If you need guidance regarding U.S. corporate law, I'm here to assist you. As a corporate attorney in Miami, Florida, I have the expertise and knowledge to guide you through the complexities of U.S. corporate law. My firm holds an excellent rating on AVVO, and I have a 5-star rating on Google, demonstrating my commitment to providing exceptional legal service to my clients.

If you're interested in learning more about how I can help you with your business legal needs in the United States, I invite you to schedule a consultation with me today.
 

www.yoelmolina.com 

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