Law Office of Yoel Molina, P.A.


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Navigate the process of obtaining an ITIN in the U.S. as a foreign entrepreneur or small business owner. Our comprehensive guide offers step-by-step insights into ITIN applications, essential for international business endeavors. Gain expert legal advice for entrepreneurs and small business owners looking to establish their ventures in the United States. Start your ITIN application journey today with confidence.

Law Office of Yoel Molina, P.A.


24 August 2023

By Yoel Molina, Esq.

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


As a corporate lawyer in Miami, Florida, I have assisted numerous foreign companies and individuals in initiating and operating businesses in the United States. One of the critical areas where guidance is crucial pertains to forming a corporation in the United States. If you are a foreign company or individual planning to venture into business in the United States, here are 10 things you need to know about U.S. corporations:

Types of Corporations: Businesses can be formed as C corporations or S corporations, 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 they intend to operate.

Shareholders: Corporations have shareholders who hold shares in the company and possess 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

Bylaws: Corporations are required to have bylaws that outline rules and regulations for company management.

Disclosure Obligations: Corporations must provide 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 unlawful actions.

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

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

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

If you need guidance on forming a corporation in the United States, I am here to assist you. As a corporate lawyer in Miami, Florida, I possess the experience and knowledge to guide you through the intricacies of corporation formation and management in the United States. My firm has received excellent ratings on AVVO, and I hold a 5-star rating on Google, reflecting my commitment to delivering exceptional legal services to clients.

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

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Please note that this is not legal advice and is considered advertisement.