LLC, S Corp, or C Corp?
How We Form Your Business and Protect Your Privacy in Ohio
Picture this: your new venture is ready to launch, momentum is building, and then the paperwork hits. Entity selection, IRS forms, bank requirements, and an operating agreement that actually works in the real world. Miss one piece and you risk costly delays or compliance headaches.
At Costaras Law, we make business formation simple, strategic, and private. We help you choose the right structure, form the entity, obtain your EIN, set up the bank account, and craft the partnership or operating agreement that governs how your business runs. We also act as your registered agent in Ohio, keeping your personal information off public record and junk mail out of your mailbox.
Choosing the Right Business Entity
Understanding Your Options
Selecting the right business structure is one of the most critical decisions for a new business owner. Your choice affects everything from daily operations to taxes and personal liability.
We guide you through both the legal and tax implications so your structure aligns with your goals.
Common Business Entities We Help Form:
Limited Liability Company (LLC)
For most new owners and real estate investors, an LLC offers simplicity and pass through taxation. You can start lean, with no required capital, and maintain flexible ownership and management terms in the operating agreement.
Electing S Corporation Taxation
Once an LLC is generating roughly 50 to 70 thousand in net income each year, it often makes sense to elect S corporation taxation. That election is a straightforward filing, typically done with the input of your accountant, and it can offer ongoing tax savings depending on your circumstances.
C Corporation: Built for Scale and Investors
When investors and multiple shareholders come into play, or you are raising significant capital, a C corporation can be the right choice. Expect double taxation, which may be outweighed by the corporate structure, equity tools, and growth plans common at that level of complexity.
Nonprofit Entities
If your mission is charitable, we form nonprofits and align your filings with state and federal requirements.
What Business Formation Really Includes
Step-by-Step Legal Guidance
Getting “set up” means more than filing a form with the state. We handle the full sequence so you can start operating with confidence:
- File the entity with the state, including LLCs, S corporations, C corporations, and nonprofits
- Obtain your EIN with the IRS
- Open the appropriate business bank account
- Draft the right governance document, including an operating agreement, shareholder agreement, or partnership agreement
Once those pieces are in place, money can flow, roles are clear, and your business is officially in motion.
Operating Agreements That Prevent Disputes
The operating agreement or shareholder agreement is more than a formality. We customize governance to cover:
- Ownership percentages and capital contributions
- Roles and responsibilities
- Decision making and voting
- Distributions, buyouts, and dispute resolution
Clarity here prevents confusion later and protects relationships as the business evolves.
Why Past Clients Trust Costaras Law
Discover How They Found It A Simple and Easy Process
Jan C.
Happy Grandma
Attorney Nicholas Costaras prepared my Will and Estate Planning documents. He made the process simple, easy, and straightforward for me. If you need to get your Will or Estate Plan in order, you’ll love having him on your side!
Amanda M.
Entrepreneur & Mom
Mr. Costaras is a pleasure to work with. He is patient, highly knowledgeable, and an expert at what he does. He helped me prepare my documents quickly and efficiently. He is a rare gem in the world of law. Anticipate exceptional service.
Debora Z.
Retired & Loving It
Attorney Costaras prepared a full Estate Plan for me. He explained the difference between a Revocable Living Trust and a Last Will & Testament. Thanks to his help, I now have my Estate Planning in order. I highly recommend him!
Take the Next Step
Schedule Your Consultation Today
Don’t let the legal complexities of business formation slow you down.
At Costaras Law, we provide the expertise you need to start your business with confidence. Contact us today to schedule a consultation and take the first step toward your business success.