Angora Legal ServicesThe structure of an LLC, whether it is member-managed or manager-managed, greatly influences the decision-making process, management responsibilities, and operational control. Understanding these two setups is key to determining how much involvement the LLC’s owners (members) will have in the daily business activities.
Angora Legal ServicesCorporate Bylaws, also known as company or business bylaws, are a set of legally binding rules that a corporation writes to guide its internal management. Corporate Bylaws outline company policies, such as:
Angora Legal ServicesIf you’re starting a business, one of the first things you’ll need is an Employer Identification Number (EIN). Think of it as a Social Security Number for your business. Issued by the Internal Revenue Service (IRS), an EIN is used to identify your business for federal tax purposes. But beyond taxes, this nine-digit number plays a vital role in everyday business operations.
Angora Legal ServicesIn order to obtain legal advice or representation, an attorney and their client may communicate in confidence. The rule of law that protects the privacy of communications between lawyers and their clients is called attorney-client privilege. This privilege applies to both verbal and written or electronic communications. It covers everyone seeking legal advice, including businesses, organizations, and governmental bodies. The foundational idea of attorney-client privilege forms the basis of the attorney-client relationship.