Business Formation and Startup Law
Forming your business in Colorado can involve a lot of difficult questions wherein an experienced business attorney can help. Should you operate as a sole proprietor or should you incorporate? What about a limited liability company? Our Colorado business formation team can help you quickly form your business online, make changes, or give you assistance forming your company in the State of Colorado and elsewhere.
Don’t overpay other business attorneys in Denver or Boulder for straightforward legal services specific to your Colorado company. Other questions you might encounter when forming your business include:
- Are you receiving licensing royalties that you want to place within a corporate organization?
- Are you going to be hiring employees?
- Do I need a company to get a federal Employment Identification Number (EIN)?
- Do you have multiple partners in a company and need to set forth the rules of the organization?
- Do you want to register or transfer your intellectual property to a company?
- Is your business delinquent and needs to get into compliance with the State?
- Do you need a new corporate agent to receive service of process on behalf of your business in Colorado?
Plan ahead by consulting with an experienced Denver, Colorado based business attorney team before you form your next business. If you are already ready to move forward, we offer flat fee limited liability company and corporate business formation and agent services for Colorado businesses. Let our experienced legal team help you simplify the business formation process for a straight forward flat fee with the guidance of an experienced Colorado business attorney helping you throughout the process.
Online Company Formation Services
Form your Colorado company or LLC today.
Business Law Compliance
All companies will eventually encounter legal matters that requires outside assistance. Is your company addressing your immediate needs to stay in compliance with state, local, and federal regulations and laws ? Employment laws at both the state and federal overlap and create a confusing mess for business owners. Questions you might encounter as you start a business include:
- Should you hire someone as a contractor or an employee?
- Do you properly own work product created by your employees and contractors?
- What are the implications of terminating an employee ‘for cause’ or without cause?
- Can you bind your employees or contractors via a non-compete agreement and what conditions are acceptable under Colorado state law?
- How do I prepare an adequate release of claims under Colorado state law for an employee or contractor?
- How do I terminate a contract with a term agreement early?
- Are you making any claims for your product or service that might qualify as a ‘deceptive trade practice’ or ‘unfair competition’ under federal or state law?
Make sure your business complies with best practices to avoid fines and other penalties. Are you experiencing human resources issues with certain employees you wish to resolve and prevent in the future? Do you need an improved employee handbook compliant under Colorado state law so your employees understand the practices and policies offered by your company? Let our experienced Colorado business law team help you organize and develop these policies and processes for a fraction of the annual costs of hiring a dedicated human resources professional or a large corporate law firm.
Business Law FAQ
Forming a business and using it properly establishes a layer of separation between your personal property and your company’s assets and liabilities. Thus, as long as you do not use commingle your business and personal property and unless you are intentionally committing illegal acts or fraud, or engaging in certain other wrongful actions, your personal assets will likely be protected if your business is sued and you are also individually sued.
While an employee handbook for US businesses is not required, it is recommended for best practices and to avoid ambiguities and misunderstandings leading to disputes and possible liability.
Business experts consider the State of Delaware to be one of the nation’s most business-friendly jurisdictions in the United States. Several advantages exist to incorporating your business in Delaware:
- Well-defined and clear business laws,
- Lower franchise tax on small businesses,
- No state tax on capital stock or assets,
- No state sales tax,
- Specific business courts (known as the Court of Chancery) which help reduce litigation costs and time, and
- No residency requirement exists for shareholders, directors, and officers of a corporation or members or managers of an LLC.
In most cases yes. However there may be more specific processes required in order to get your business an EIN and set up a bank account on behalf of the business.
Yes. But do you want to? Your address is in a publicly accessible state database that is mined constantly by marketers. For an annual flat-fee, our law firm can serve as agent for service of process for your Colorado company. Our state compliance team will act as your corporate agent and notify you of potential lawsuits and/or subpoenas.
If you have a d/b/a you have registered that you are “doing business as,” but that does not mean you have a corporate entity formed. A d/b/a alone may not even protect your brand name if you are registering your brand name as the d/b/a. For the most limits from liability, it is best practices to form your company to establish that layer of protection.
Yes. The State requires that companies file annual reports. Should you become delinquent there are additional late fees associated with the filing. We can help you maintain compliance and/or prepare these filings on behalf of your company for a straight forward flat fee in addition to the required state fees.
Limited liability is defined as a specific legal structure for a corporate entity wherein a corporate loss would not exceed the amount invested in a partnership or limited liability company (LLC). Or, the private assets of partners, investors’ and owners’ would not be jeopardized if the company becomes insolvent or bankrupt.
