It can be necessary to form a company to help protect the intellectual property you have developed.
Corporate formation can be especially important when there are multiple owners or inventors involved; having the proper entity structure, bylaws, and rules increases operating efficiency, minimizes liability, and reduces the risks and effects of internal and external disputes. Because a company may own copyright, trademark, and patent rights, its value increases with the size of its portfolio, making it more attractive to prospective buyers and more dangerous to would-be competitors. Companies are also vehicles for leveraging tax advantages; expenses in developing your intellectual property portfolio may be deducted in ways not possible if a venture is personal only.
The firm maintains relationships with two highly-qualified Arizona corporate attorneys. Through them, it can assist you in:
- Deciding which corporate entity is a best fit for your venture
- Considering tax consequences of various entities
- Minimizing personal liability
- Forming an LLC, corporation, partnership, S Corp, non-profit, or other entity
- Drafting operating agreements or other corporate governance documents
- Establishing administrative policies and procedures
- Drafting other corporate documents like non-disclosure agreements
- Reviewing license agreements, leases, and other business contracts