NYC Business Formation Attorney

Business Formation & Entity Structuring in New York

The business entity you choose is the legal foundation upon which everything else is built — your liability protection, tax obligations, management structure, ability to raise capital, and succession options all flow from this initial decision. Selecting the wrong entity type, or failing to properly document its formation, can result in personal liability exposure, unfavorable tax treatment, and operational disputes that threaten the business itself.

At Agarunov Law Firm, P.C., we guide entrepreneurs, business owners, and investors through entity selection, formation, and structuring in New York. We ensure that your business is established on a solid legal foundation with the proper documentation to protect your interests from day one.

Entity Types We Form

Limited Liability Companies (LLCs)

LLCs are the most popular business entity for small and medium businesses in New York, and for good reason. They provide personal liability protection, pass-through taxation by default (avoiding double taxation), flexible management structures, and relatively minimal formality requirements. We handle the full LLC formation process including Articles of Organization filing, operating agreement drafting, the mandatory New York publication requirement, and EIN registration.

Our operating agreements are comprehensive documents that address member capital contributions, profit and loss allocation, management authority (member-managed vs. manager-managed), voting rights and decision-making procedures, transfer and assignment restrictions, buy-sell provisions, and dissolution procedures. A properly drafted operating agreement prevents disputes and protects your investment.

Corporations (C-Corp & S-Corp)

Corporations are the appropriate structure for businesses planning to raise capital from investors, issue stock, or eventually go public. We handle corporate formation including Certificate of Incorporation filing, bylaw drafting, initial board resolutions, stock issuance, and shareholder agreements. For qualifying businesses, we advise on S-Corp election to achieve pass-through taxation while maintaining the corporate structure.

Partnerships (General & Limited)

Partnerships are commonly used for professional practices, investment ventures, and businesses with multiple active owners. We draft partnership agreements that clearly define each partner's capital contribution, profit share, management authority, liability allocation, and exit provisions. For limited partnerships, we prepare the Certificate of Limited Partnership and limited partnership agreement.

Professional Entities (PLLC & PC)

Licensed professionals in New York — including attorneys, physicians, accountants, architects, and engineers — must form Professional Limited Liability Companies (PLLCs) or Professional Corporations (PCs) rather than standard LLCs or corporations. We handle the additional requirements for professional entity formation, including obtaining consent from the relevant licensing authority.

Additional Formation Services

• Founder & Shareholder Agreements: Defining ownership rights, vesting schedules, roles, and exit provisions among co-founders
• Joint Ventures: Structuring collaborative business arrangements with clear governance and profit-sharing terms
• Buy-Sell Agreements: Planning for ownership transitions triggered by death, disability, retirement, or dispute
• Entity Conversions: Converting existing entities from one type to another (e.g., sole proprietorship to LLC, LLC to corporation)
• Foreign Entity Registration: Registering out-of-state entities to do business in New York
• DBA Filings: Registering assumed business names with the appropriate county clerk

Serving New York and New Jersey

Agarunov Law Firm is licensed to practice in both New York and New Jersey, and we represent businesses throughout the tri-state area. In addition to clients across all five NYC boroughs and Long Island, we serve businesses in Northern and Central New Jersey including Bergen County (Englewood, Fort Lee, Hackensack, Teaneck, Paramus), Hudson County (Jersey City, Hoboken, Weehawken), Essex County (Newark, Montclair, Livingston), Passaic County (Paterson, Wayne, Clifton), Morris County (Morristown, Parsippany), and Middlesex County (New Brunswick, Edison, Woodbridge).

Whether your business operates in New York, New Jersey, or both states, our dual-state licensing allows us to provide seamless legal representation without the need for separate counsel in each jurisdiction.