Miami Business Formation Attorneys

Miami’s business ecosystem is diverse, making it a hotspot for innovation and growth. With an impressive array of industries ranging from tourism and hospitality to technology and finance, the Magic City serves as a melting pot for ambitious entrepreneurs seeking to establish and expand their enterprises.

The city has experienced a significant surge in new businesses across various sectors, showcasing the city’s entrepreneurial spirit. Whether you are looking to launch a startup, expand an existing business, or ensure compliance with local regulations, our experienced legal team is here to guide you through the intricacies of business formation in this dynamic marketplace.

From selecting the appropriate business structure to navigating licensing requirements and drafting solid contracts, our dedicated Miami business formation lawyers are committed to positioning your venture for success.

How Reichard Tornes Can Help You Launch Successfully

It’s really important to have an expert on your side who understands to help you launch the right way from the very beginning. With this in mind, these are the key areas in how we can help you:

  1. Choosing the Right Business Structure: The foundation of starting a business lies in selecting the appropriate business structure. Whether it’s a sole proprietorship, partnership, corporation, or limited liability company, each choice carries its own set of implications. More on this below!
  2. Understanding Legal Requirements: Depending on your business type, you may need to obtain special licenses or permits. For instance, opening a restaurant entails dealing with various state and local departments in order to obtain the many needed permits and licenses required to operate a restaurant, and we can assist with all that.
  3. Avoiding Future Complications: By addressing potential tax issues or partnership problems early on, you can ensure smoother operations and focus more on growing sales rather than fixing avoidable legal matters.

Our team of Miami business attorneys ensures compliance with state laws and regulations while setting up your dream company. We strive to facilitate a successful launch and establish a solid foundation for future growth, making future hurdles easier to manage.

The Impact of Business Structure on Your Success

Each type of business entity has distinct advantages and disadvantages, especially concerning taxation, liability protection, and management. Our business formation lawyers can help you better understand these differences and determine the structure that best suits your business objectives. 

Sole Proprietorship: This straightforward form of ownership involves a single individual operating the business. It typically requires minimal registration beyond essential permits and licenses.

  • Pros: Easy and inexpensive setup; complete control over decisions; profits taxed once at the personal income level.
  • Cons: Unlimited personal liability for debts or legal actions; challenges in raising capital; continuity dependent solely on the owner.

Partnership: Formed by two or more individuals sharing profits and responsibilities, partnerships come in various forms, such as general partnerships and limited partnerships.

  • Pros: More resources due to multiple owners; shared responsibility for decisions; profits pass through directly to personal tax returns.
  • Cons: General partners face unlimited personal liability and potential conflicts among partners.

Limited Liability Company (LLC): An LLC blends elements of corporations and partnerships/sole proprietorships. It shields members from personal liabilities while allowing pass-through taxation.

  • Pros: Limited liability protection; flexibility in management and operation; easy transfer of ownership.
  • Cons: Complexity and expense in some states; varying treatment at state and federal levels.

S Corporation (S Corp): Designed to allow small corporations to benefit from favorable pass-through taxation, S Corps offers advantages, like avoiding double taxation.

  • Pros: Avoidance of double taxation; greater credibility in the marketplace; easier investment attraction.
  • Cons: Eligibility restrictions; higher regulatory scrutiny; complexity in filing requirements.

C Corporation (C Corp): A traditional incorporated entity offering significant separation between entities but subject to comprehensive regulation and potential double taxation.

  • Pros: Ability to raise funds through various methods; potentially deductible employee benefits; reduced risk for members.
  • Cons: Complex and costly formation and operation; subjected to international earnings taxation.

Meet Our Team of Miami Business Formation Law Experts

We are here to understand the entirety of your situation — considering your professional ambitions, personal circumstances, business environment, cultural nuances, and linguistic needs — as we work diligently toward resolving your civil litigation matters.

Headshot of Raul Reichard

Raúl Reichard possesses a wealth of legal knowledge, having represented major financial institutions, as well as smaller businesses, and individuals in various countries. His expertise covers a broad range of contractual disputes, including breach of contract, enforcement of non-compete clauses, negotiations for settlements, conflicts over partnerships, cases of fraud, and the issuance of injunctions, among other commercial legal challenges.

Additionally, his skills in resolving disputes extend to advising on contracts across corporate and individual levels, and litigating varied commercial matters.

Jacqueline Tornés co-founded the firm, bringing her diverse legal experience in sectors like banking, and commercial law into play alongside insights from her hospitality management background. Her tenure exceeding ten years as general counsel within one of South Florida’s premier restaurant chains has equipped her with an intimate understanding of complex business mechanisms.  

This hands-on knowledge allows her to excel at orchestrating business deals because she has personally knows the ins and outs of running a business and what can go wrong. And, when things unfortunately go wrong, Mrs. Tornes is equally adept at handling those commercial disputes. 

Jaqueline Tornés headshot

How We’ve Helped Miami’s New Businesses

We take great pride in our track record of assisting Miami’s new businesses in navigating international law and achieving success on a global scale.

But, don’t just take our word for it. Hear directly from our clients about our invaluable guidance and support in their journey to thriving in the Florida business market.

Comprehensive Legal Support for Miami Businesses

Beyond guiding business owners with company formation. our broad expertise in business law positions us to tackle any commercial legal issues. Our business attorneys deliver strategic advice and robust representation to improve our client’s success, growth, and regulatory adherence.

  • Commercial Litigation: Holding a strong track record of success in representing parties involved in disputes related to commercial transactions, business torts, and other issues. Protecting our clients’ interests and securing favorable outcomes are our top priorities.
  • Civil Litigation: Advocating for businesses facing civil litigation matters across state and federal courts. Whether it’s a breach of contract or liability claim, we focus on handling these matters so that our clients can continue to focus on operating their businesses.
  • Dispute Resolution: We emphasize alternative dispute resolution techniques like negotiation, mediation, and arbitration as efficient ways to resolve conflicts outside courtrooms. Our adeptness at crafting innovative solutions helps maintain business relationships while reducing both disruption and costs.
  • Contract Law: Whether drafting or reviewing contracts or negotiating terms to settle disputes, our contract lawyers ensure that complex agreements protect your rights without the looming threat of legal actions or financial setbacks. Additionally, our customized operating agreements define clear roles within businesses, safeguarding against potential internal conflicts through detailed outlines of members’ duties.
  • Hospitality Law: Specialized hospitality guidance from our team covers everything from formation steps, such as licensing requirements, to handling contractual negotiations and disputes. This proves invaluable for hospitality enterprises striving towards market excellence while minimizing risk exposure.
  • International Law: Assist companies dealing with cross-border disputes and international companies establishing operations in Florida. Our comprehensive international legal support spans administrative counsel alongside strategies to amplify expansion while cushioning against possible pitfalls.
  • Shareholder Disputes: We are experienced in resolving shareholder disagreements via amicable means as well as through litigation, if need be. Our endeavors always aim to preserve operational harmony, conservatively using time and resources well.
  • Wills, Trusts, Estate Planning: We help plan futures effectively by drawing wills, trusts, and other estate instruments, ensuring client wishes are respected and assets are secured for generations.
  • Outside General Counsel Function: Functioning as a cost-effective external general counsel affords continuous, comprehensive backing across a broad array of matters, essentially becoming an integral part of your operation without the traditional overhead of maintaining attorney staff internally.

Our Practice Areas

Book a Consultation Today!

Let us be your legal partner in success and discover how our experienced team can tailor legal solutions to propel your business forward.

Contact us at 305.407.1734 to book your first meeting with our expert team.