Business Formation & Governance
Choosing the right entity, and running it the right way.
The choice between an LLC, an S corporation, a C corporation, or a partnership is at its heart a tax decision with legal consequences. Self-employment tax, the qualified business income deduction, state franchise taxes, the treatment of an eventual sale, and the ability to bring in investors all turn on the form you choose at the start. KPLAN Law Group makes that recommendation as attorney and CPA, not as one or the other.
Once formed, an entity has to be maintained. We draft operating agreements and bylaws that reflect how the owners actually intend to work together, address what happens when an owner leaves, dies, or divorces, and set up the governance calendar so that the liability protection you formed the company for is not lost through neglect.
For founders with multiple ventures, real estate holdings, or family members in the business, we design holding-company and multi-entity structures that separate risk and simplify the eventual transfer of ownership.
How we help
- Entity selection with a side-by-side tax analysis
- Formation of California and Delaware LLCs and corporations
- Operating agreements, bylaws, and shareholder agreements
- S corporation elections and multi-entity holding structures
- Buy-sell provisions and owner exit mechanics
- Annual governance, minutes, and Statement of Information compliance