North Carolina offers several entity options: corporations (S-Corps and C-Corps), general partnerships, limited partnerships, limited liability companies (LLCs), and nonprofits. If you are looking to start a business in North Carolina, we can explain the options so you can make an informed decision based on your needs and objectives. We also provide tax planning, in coordination with clients’ accountants, to ensure that each client selects the most advantageous business organization and develops a sound business foundation.
Shipman & Wright has decades of experience counseling clients on the formation, operation and management of their businesses, large and small. That is why many businesses in southeastern North Carolina have retained Shipman & Wright as their general counsel to provide legal guidance. If you are starting a new business, purchasing or selling a business, or just need legal advice about the operation of your business, we can help.
When starting a business, it is helpful to have a Wilmington NC business lawyer describe the advantages and disadvantages of each entity available. Shipman & Wright’s corporate and tax lawyers assist clients in choosing the proper form of entity and structuring their entity formation transactions to facilitate business operations. At Shipman & Wright, L.L.P., we also make sure to explain the tax ramifications of each type of business entity available.
We counsel clients and coordinate with their respective accountants to select the proper business structure to accomplish their immediate and long term goals and/or objectives.
- Buying or Selling a Business
- Business Formation (S-Corp, C-Corp, LLC, Partnership)
- Non-Profit Corporations
- 501(c) Charitable Companies
- Asset Purchase Agreements
- Shareholder Agreements
- Corporate Minutes
- Employment Agreements
- Contract Formation
- Non-Compete Agreements and Disputes
- Confidentiality and Trade Secret Agreements
- Business Succession Planning
- Letters of Intent
- Workout Agreements
- Business or Real Estate Acquisitions
- Joint Venture Agreements
- Mergers and Acquisitions
- Discrimination Claims
- Wrongful Termination or Wrongful Discharge
- Severance Agreements
- Dissolution and Winding Up
Shipman & Wright attorneys also assist clients in the development and completion of business succession plans to consolidate asset ownership and manage real estate investments, or to structure retirement plans or IRA distributions. Once the plan has been established, our attorneys will continuously review and update the plan as needed. Shipman & Wright has advised clients in all areas of the law that impact business succession planning.
Tax consequences often dictate the type of business structure a client chooses. Wilmington NC tax lawyer, Shipman & Wright, assists with federal, state and local tax planning. Our lawyers also represent clients in tax disputes with the Internal Revenue Service and the North Carolina Department of Revenue. The services of a good tax lawyer can mean the difference between financial success and financial disaster. Proper business tax planning is critical for start-ups, acquisitions, dissolutions, and real estate purchases and sales.