There are various reasons for starting a business entity. Those reasons include protection from liability, tax planning, and allowing for joint ownership with defined rights. There are a variety of business entity forms available and selecting the right one depends on your situation. An experienced attorney can advise you on the merits of forming a limited liability company (LLC), corporation, partnership, or a limited partnership. Before offering advice on entity choice, we will take the time to learn about your business and your goals.

Our attorneys will help address any immediate issues and will help you plan for the short-term and long-term needs of your business. Once you choose the form of business, our attorneys and staff can assist with preparing the organization filings with the North Dakota Secretary of State. In addition to the initial organization documents, our attorneys can help prepare operating agreements, bylaws, and any other requested documents such as buy-sell agreements, rental agreements, or loan agreements.

Proper business formation is the first step in operating a successful business. Owners and managers have ongoing obligations including insurance filings, annual reports, preparation of meeting minutes, and business governance, among others. We can help ensure our clients comply with the legal requirements of operating a business and help overcome any issues that come up along the way.

Our attorneys and staff have experience with the following:

• Selecting business type
• Business formation applications
• Preparing operating agreement
• Preparing articles of incorporation and bylaws
• Drafting stock purchase agreements
• Selling businesses
• Annual reports
• Preparation of annual meetings
• Corporate governance
• Applying for an EIN
• Entity termination or dissolution
• Mergers, reorganizations, and entity conversions
• And many other areas

To schedule a consultation with one of our experienced attorneys, please call Johnson & Sundeen, LTD, in Watford City, North Dakota today at 701-444-2211 or email us at JSLO@dakotalawdogs.com.