An Overview of Corporate Law Services We Offer in North Carolina
With more than four decades of experience working with businesses and entrepreneurs in North Carolina, the corporate law attorneys at Plyler, Long & Corigliano, LLP are knowledgeable, dedicated, and committed to helping clients find the right solution. We provide a full range of corporate law services in Union County and throughout the surrounding region in North Carolina. Along with other legal matters, our Monroe corporate lawyers assist clients with:
- Corporate Formation: All North Carolina businesses need the right foundation to succeed. Our corporate law attorneys help clients with issues related to corporate formation. We help you select the right legal entity (Corporation, LLC, Partnerships, etc.) and put the right infrastructure in place for your company.
- Corporate Governance: Beyond the initial formation of the business, a North Carolina corporation needs the proper governance structure in place. We help clients with a wide array of corporate governance matters.
- Contract Drafting and Negotiation: Contracts are the basis of many commercial relationships. A corporation may be a party to many contracts—from a contract with a key vendor or supplier to an employment agreement with a high-ranking executive. Our North Carolina corporate law attorneys help clients with the drafting, reviewing, and negotiating commercial contracts.
- Shareholder Matters: A corporation must maintain a strong relationship with its shareholders. The last thing that you want to deal with is a shareholder dispute or potential for legal liability in a shareholder claim. We help our clients navigate a wide range of shareholder matters—from shareholder agreements to federal and state securities laws.
- Regulatory Compliance: There are many different federal, state, and local regulations that could impact your business. The regulations that will apply depend on many factors, including your industry. Our corporate law attorneys in Monroe, NC help clients with complex regulatory issues.
- Commercial Litigation: Commercial disputes can arise for a wide variety of reasons. It is crucial that corporations take a proactive approach in disputes. With deep experience in civil litigation in North Carolina, we provide solutions-driven legal guidance and support in business disputes.
- Corporate Transitions (Mergers, Acquisitions, Sales, etc): The buying, transitioning, or selling of a business is complicated. If your corporation is considering a transition, it is crucial that you have qualified legal representation. Whether you are preparing to acquire another company, merge with a corporation, or sell the business, our North Carolina business lawyers have the skills and experience to help.
A corporation is a creature of statute. That means certain things must be done to be and stay, a corporation. It is formed by filing Articles of Incorporation with the North Carolina Secretary of State. There are fees for filing, set by the statute, which are amended from time to time. Mailing your Articles of Incorporation does not make you a corporation at that time. Unless and until filed with the Secretary of State, the corporation has no authority to act. It is not officially formed until filed with the Secretary of State. Accordingly, it would help if you did not do any business as a corporation until your articles are filed with the Secretary of State. The Secretary of State can take as long as two to four weeks to file your corporation.
- You can pay an additional fee to expedite the filing, which is set forth by the Secretary of State.
The corporate name must also be sufficiently different from other corporate names to properly identify the corporation. The availability of a corporate name can be checked on the North Carolina Secretary of State’s website. A corporate name must end with “company”, “corporation”, “incorporated”, “limited”, “co.”, “corp.”, “inc.”, or “ltd.” All corporations in North Carolina must have a registered office and a registered agent. The registered office must be located within this state and the registered agent must be a resident of this state. At least one person must sign the articles as the incorporator. The incorporator can be but does not need to be, the same as the registered agent.
- By-laws should be adopted by the corporation after incorporation. These by-laws govern how the corporation is to be operated.
Corporations can elect to file as a regular C-corporation or as a Subchapter S “Small Business” corporation if they meet the requirements. An election must be made within a certain period of time after the articles are filed to claim Subchapter S status. This must be filed with the Internal Revenue Service. Each election has different consequences as to how the corporation or shareholders are taxed
Once you are formed as a corporation, you must file an annual report with the Secretary of State and pay a fee for the annual report. Additionally, as a corporation, you must keep annual minutes with your corporate books to maintain your corporate status. Corporations and limited liability companies, as well as limited partnerships, are effective ways to limit liability. A Monroe, NC corporate attorney like the ones at Plyler, Long, & Corigliano, LLP can help you ensure your corporation is set up correctly. Contact us today for questions or help pertaining to your corporation.
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Meet the TeamPractice Areas
With over 140 years of combined legal experience, you can trust your case with us.
Business Law
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A business requires legal representation from beginning to end. A smart business owner realizes the significance of realistic and educated experience when dealing with every aspect of business law.
Civil Litigation
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Our North Carolina civil litigation attorneys are strong and effective advocates for our clients. We have deep experience handling complex civil matters - representing individuals, families, companies, property owners, and other entities.
Family Law
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Instead of hiring someone who does family law on the side, look for an attorney with substantial experience in this area. To help you identify whether we are the right lawyer for you...
Personal Injury
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When you or a loved one are injured or a loved one is killed due to the negligence of another individual, you may be facing tremendous financial burdens due to medical costs, lost wages, and other expenses.
Social Security Disability
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If you are unable to work because of a physical or mental impairment, you may be entitled to receive social security disability benefits. The process of obtaining social security disability benefits can be complex, time consuming and frustrating...
Estate Planning
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The last will and testament is one of the most important documents in estate planning. A will allows the person making the will (the testator) to name recipients of his or her property, to explain how property...
Probate and Estate Administration
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When a loved one passes away, their assets and debts must be dealt with according to law. The person who handles the Estate Administration (an administrator if the deceased died without a will...
Criminal Law
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Anytime a person has been charged with a crime, it is a stressful situation. The criminal defense attorneys at Plyler, Long & Corigliano, LLP will provide counsel during this stressful time...
Traffic Tickets
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Your first instinct might be to quickly pay the ticket and suffer the points added to your driving record. After all, traffic ticket lawyers charge for their services, and you may think it’ll cost more to hire one to fight your ticket than to simply admit guilt.
Real Estate
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When involved in a real estate transaction, such as buying, selling or renting property, it is vital to have a thorough understanding of your rights and obligations, which can avoid any future problems...