Corporations

Wood, Atter & Associates, provides businesses located in the Duval county area with a full spectrum of business formations services. Lawyers in our firm have extensive experience structuring, negotiating and creating organizations to meet our client's needs.

A corporation is a legal entity created through a state's laws of incorporation. Each state has its own procedure for incorporating a business, but they most generally follow the Model Business Corporation Act. By incorporating a business, a separate legal entity is formed. This separation shields the business owners from any liability that the corporation may incur, if the corporation itself is sued. Incorporating a business also allows the owners to sell stock in the business to third parties. A corporation typically has a board of directors to oversee the strategy and dealings of the business.

Some Corporations Do Not Pay Federal Income Tax.

While a regular corporation is subject to corporate tax (as high as 39%) and each shareholder is subject to income tax on distributions of profits.

Our goal is to provide you with practical, "bottom line" analyses to assist in making sound and proactive business decisions which help to limit taxes and liability on both the company and personal level.

Your continued success in business is our goal. To learn more about our business formation services, set up an appointment for your free consultation today by calling us at (904) 355-8888 or fill out our online Contact Form and one of our business specialists will call you today.