Legal Question in Business Law in New York

Im an inventor. I'd love to setup a business and register my inventions under it's name. I don't necesarily need to sell the products. I'd also want to offer a research or R&D service. What is the appropriate form for such a business? Many Thanks


Asked on 7/15/16, 5:22 am

2 Answers from Attorneys

Roman Fichman Esq. Law Practice of Roman Fichman Esq.

There is no one answer that fits, as the most appropriate type of entity formation and state of incorporation are determined based on the possible tax exposure, operational goals, funding goals, the existence of any partners, the ability to sell the business as a whole in a short period of time, among a few factors to name.

A consultation to determine the above is inexpensive. Please contact me directly for more info.

Roman R. Fichman, Esq.

www.TheLegalists.com │

Disclaimer: This post has been written for educational purposes only and was not meant to be legal advice and should not be construed as legal advice or be relied upon. No intention exists to create an attorney-client relationship or any other special relationship or privilege through this post. The post may contain errors, inaccuracies and/or omissions. You should always consult an attorney admitted to practice in your jurisdiction for specific advice. This post may be deemed as Attorney Advertising.

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Answered on 7/15/16, 6:05 am
Frank Natoli Natoli-Legal, LLC

There are so many variables and certainly no "one way" to accomplish this . All you can do at this point is consult with a lawyer in private and discuss your objectives in more detail. You can start by calling around to several for a free phone consultation, get some insights then pick the best fit to work with.

If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient.

Our firm is now referred by the American Bar Association (see under the New York section):

http://www.americanbar.org/groups/delivery_legal_services/resources/programs_to_help_those_with_moderate_income.html

Kind regards,

Frank

www.LanternLegal.com

866-871-8655

[email protected]

DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.

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Answered on 7/15/16, 8:14 am


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