Business Formation
The Affinity Law Group assists clients in Honolulu and throughout Hawaii in forming new businesses. When starting a new business, one of the most significant decisions you must make is determining the type of business entity structure to employ. The decision you make can have significant tax and legal liability implications for your business. Hawaii law provides several options, and the attorneys at The Affinity Law Group will explain the differences inherent in each option in clear and understandable terms and work with you to determine the appropriate type of entity for your new business venture.
Our attorneys assist clients in forming:
- Corporations (including S-corporations and C-corporations)
- Limited Liability Companies (LLCs)
- General partnerships
- Limited partnerships
- Limited Liability Partnerships (LLPs)
- Sole proprietorships
After determining the best type of entity for your new business venture, the appropriate documents must be prepared and filed to register your entity with the Secretary of State. We assist you in preparing the necessary entity formation documents, including shareholder and operating agreements, purchase agreements, contracts and leases, and employee agreements, and oversee the filing of the documents with the Secretary of State.  Â
We also offer a service to clients where for a small annual fee, we will review your documentation related to your business and ensure that your business is in compliance with the applicable law. This includes review of your formation documents, shareholder or partnership agreements, minutes, resolutions and other documents. We find that taking this proactive approach allows our clients to avoid potential problems and possible liability.
Transactions
Once a business is formed, it must be able to conduct transactions which ensure the stability and profitability of the venture.  At The Affinity Law Group, our attorneys counsel our clients and strive to protect our client's interests in every transaction. We know how to draft contracts to ensure that a business is protected if any disputes arise, and apply our knowledge and negotiation expertise to make certain that every transaction makes financial sense for a company.
Hawaii's Department of Business, Economic Development and Tourism provides useful information on starting and developing a business. Our attorneys are also here to help ensure that your new business venture is a success. If you need assistance with business formation or a business transaction, contact The Affinity Law Group today.
