Incorporation in Portland and Central Oregon

If you are thinking of forming an Oregon LLC or Corporation, The Strahm Law Group can help you make the right decision for your business by evaluating the many aspects that need to be considered in choosing a business structure.

Common business structures:

LLC - The Limited Liability Company (LLC) is a business structure that combines the personal liability protection of a corporation with the tax benefits and simplicity of a partnership. LLC’s are more flexible and Series LLC’s.

C-Corporation - A corporation is a legal entity that exists separately from its owners. A properly created corporation limits liability; personal assets of the owners are usually not available to repay the corporation's debt and obligations. Ownership of a corporation is easily transferable, but a corporation has some formalities that must be adhered to in order to maximize the benefits it can provide.

S-Corporation - A Subchapter S Corporation is a general corporation that has elected special tax status with the IRS after the corporation has been formed. Instead of being taxed at the corporate level, this is a "pass through" entity and income is reported on the individual tax returns of the shareholders. There are specific guidelines that must be met for qualification as an S-Corp.

These are not the only business structures available, but are popular structures formed in Oregon. I can also provide advice on:

• Professional Corporations
• Partnerships
• Series LLC's
• Family Limited Partnerships
• Out-of-state entities

Contact us today, your Portland and Central Oregon Business Planning Attorney, and I can help you make the right decision for your new business.