Entity Formation & Dissolution in San Diego

Our San Diego Business Lawyers Help You Address Business Needs

Both the formation and dissolution of a company comes with a vast array of legal hurdles. Our skilled San Diego business law attorneys have over half a century of experience and can help businesses open their doors—or close them—in an efficient manner. Our team can assist with corporate entity formation for companies just getting off the ground. We also understand the complex laws that are involved in corporate entity dissolution and can guide clients through every step of the process.

If you need counsel regarding your corporate entity, we are here to help. Call (858) 360-7080.

Forming a Corporation or Business Entity

With more than 50 years of experience, we proudly help companies across California with corporate entity formation. From an initial meeting to drafting and filing the correct charter documents, we understand how to create a lasting and successful enterprise.

  • Our firm can inform and assist you in completing the necessary requirements including:
  • Researching and registering a corporate name
  • Preparing and filing your articles of incorporation
  • Appointing a Registered Agent
  • Filing tax and employer identification paperwork
  • License and permit applications
  • Setting up a corporate records book
  • Creating corporate bylaws
  • Appointing initial corporate directors
  • Holding your first board of directors meeting
  • Corporate compliance with tax and regulatory requirements
  • Navigating issues with foreign corporations
  • Business and employment contract drafting
  • Legal advice regarding insurance policies
  • Federal and state administrative agency proceedings

Factors to Consider During Incorporation

Corporate directors and executive officers typically find themselves under considerable scrutiny, and they must exercise a high degree of prudence in conducting the affairs of a corporation. With so many decisions being subject to examination, it is crucial that directors and officers consult with knowledgeable entity formation attorneys when performing their duties.

  • We can help you determine what entity type is best suited to your business, such as:
  • C corporation
  • S corporation
  • Limited Liability Corporation (LLCs)
  • Limited Liability Partnership (LLPs)
  • General or Limited Partnership
  • Sole Proprietorship
  • Non-profit organization

Other factors you will need to take into consideration include where your entity should be formed and which states offer the best opportunities for different industries, drafting shareholder agreements, partnership agreements, and employment contracts, avoiding corporate board impasse/deadlock, and creating a succession plan and corporate dissolution.

Corporate Dissolution

Just as corporate entity formation requires keen oversight, so does corporate dissolution. Business owners often overlook many steps when they are engrossed in the process of wrapping up their businesses. With our help, you will feel safe and secure in how your dissolution is being handled and ensure corporate compliance, whether it’s in California, incorporated in Delaware or anywhere in the nation.

How Do I Dissolve My Business Entity?

There are many questions to ask yourself when you begin to consider wrapping up your corporation, such as whether board deadlock/impasse may be problematic. When you have decided to wind down your business, you must take important steps to limit your liability, pay any creditors and properly dissolve the entity.

  • Some of these steps include:
  • Notifying your creditors that you are going out of business.
  • Ensuring final tax returns have been filed.
  • Settling or paying any remaining debts or liabilities.
  • Terminating employment contracts.
  • Dissolving, surrendering or canceling your entity with the California or appropriate Secretary of State’s Office.

It is also important to ensure that you comply with your state’s specific guidelines for dissolving your business. Our business law attorneys in San Diego can make sure that you have a firm understanding of these rules and regulations, such as closing out general partnership agreements, canceling out-of-state registrations, and getting tax clearance, if necessary.

Contact Purdy & Bailey, A Law Firm for Corporate Guidance

Whether you are seeking to form a business entity or are considering dissolving one, there is no substitute for competent and understanding advice from an experienced business attorney in San Diego. Our experience spans the nation, and our qualified business lawyers have also assisted foreign corporations. Whether you run a corporation, limited liability company, general partnership or limited partnership, contact our team to get the prompt guidance and assistance that you deserve.

Reach out to Purdy & Bailey, A Law Firm at (858) 360-7080 for proven counsel.