What is Houston Business Law?

Business law, or commercial law, pertains to the formation and governing of businesses. Business law upholds government regulations and covers different forms of business including corporations, LLC’s, and partnerships.

It falls upon the business law attorney to advise their clients on the best venue for their particular business. There are laws involving contracts, sales, employment, property, taxes and organizations. Business law issues include starting a new business, selling or buying a business, managing a business and contracts. The business law attorney’s advice and counsel is invaluable throughout the life of the business.

Uniform Commercial Code

The Uniform Commercial Code (UCC) which has been adopted in some form by every state in the US, is the primary authority for such issues as employment, sales, and consumer protection. The UCC is divided into nine articles and covers issues that may come up in any commercial transactions and protects fair business practice and due process rights. The nine articles regulate the sale and leases of goods, negotiable instruments, bank deposits and transfers, letters of credit, investment securities, and secured transactions. Your business law attorney will be familiar with how the UCC applies to your particular business need and location.

Legal Business Structures

If you are starting a business, you must first determine which of the many legal business structures apply to the business. Financial implications will vary based on which legal structure you have selected, ranging from corporation responsibilities for annual franchise tax fees to personal liability as a sole proprietorship. You must also properly record the business name as that will be the identifying and marketing branding of the business. It is advised that anyone involved in business whether it be a startup or an ongoing venture to consult an experienced business law attorney for every stage of development.

Some of the legal business structures available in Texas include:

• Sole proprietorship – this is the most widely used form of business entity and the ownership and assets are owned by one individual.
• General partnership – is when two or more individuals or companies form a business. The partners share equally in debts and assets.
• Limited partnership – is similar to general partnership, however the partners have limited debt obligations.
• Registered limited liability partnership – is a general partnership that has been filed with the Secretary of State.
• Corporation – is when two or more individuals, partnerships, or other companies form a separate entity for the purpose of operating a business in the state.
• Limited liability company – is an unincorporated business entity.

Each of these legal business structures have unique regulations which determine how to file the name, apply for certifications and debt obligations. It is vital for a successful business venture that you have selected the proper legal structure and have correctly registered your business name. Your business law attorney will be well suited to advise you on which structure will be best for you and your business needs.

Your Houston Business Law Attorney

When you hire your business law attorney you will receive the benefits of their years of education and expertise in the local rules and relations that govern your particular business and location. Your business law attorney will advise you about all the steps involved in starting a new business, such as which structure to select and name. The experienced business law attorney will be prepared to advise you on all general corporate matters, business taxes, mergers, acquisition, and other business matters that involve the legal system.

The experienced business law attorneys at D. Miller & Associates, PLLC are willing to advise you on any business matter whether it is a startup question, is an existing business issue or time to end a business venture. For your free confidential initial consultation, please fill out the contact form on this page or call us today.

Whether you are starting an online business out of your home or running a large corporation, you are subject to federal and state business regulations. You must comply with the business laws from day one.

Put the business law team at D. Miller & Associates, PLLC to work for you! Contact us today for experienced business legal advice and let us handle all your legal needs.