Most people recognize the role of counsel when engaging in business. The attorney should be deeply involved in every phase of the formation and growth of the business.
Most people recognize the role of counsel when engaging in business.
The attorney should be deeply involved in every phase and every major decision of the business. If the decision to incorporate is made, the first decision is where to incorporate. The incorporators must plan the financial and control structure of the proposed corporation. The incorporators need to decide on the nature and amount of securities the corporation will issue as part of its initial capitalization. The securities laws are technical and the attorney's counsel is vital.