Entity Creation and Maintenance

Choosing the right business structure is key to your success. We'll help you pick the right one and draft the agreements to set you up for success.

Doing business as an entity is the easiest way to protect your personal assets. But creating the entity is just the first step. Your organizational documents, from operating agreements to buy/sell agreements to bylaws, need to reflect the unique circumstances, contributions, and management of your business. We’ll strategize how best to organize your entity and then draft the agreements necessary to protect you and your business.

Creating Your Entity

Figuring out how to set up your business with the state is one of the first tasks for a business owner. We’ll discuss your goals and identify options tailored to your business. We will take care of necessary administrative filings to get your business up and running for the following business entity types:

  • Limited Liability Company

  • Corporation

  • Nonstock Corporation

  • Limited Partnership and Limited Liability Partnership

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We offer flat fees to create most Wisconsin entities. Our flat fees include: 

  • Filing to create your entity with the Wisconsin Department of Financial Institutions

  • Obtaining your tax ID/EIN from the Internal Revenue Service

  • Filing your Beneficial Ownership Information report with FinCEN (if applicable)

  • Drafting the entity’s organizational documents.

For example, our flat fee to create a single-member LLC is $650 and includes the $130 filing fee payable to DFI.

Organizing the Business

A LegalZoom template operating agreement that is not tailored to your specific needs likely won’t cut it when a dispute arises (trust us, we’ve seen the template). 

We offer a flat fee for drafting a customized multi-member operating agreement starting at $2,000 (for married couples), where we work with the members to hash out all of the possible what ifs (what happens if someone dies, becomes disabled, or gets divorced, among other important issues), and write an agreement that will be a useful reference point for members going forward as the business grows and changes.

If two or more people or entities own your business, you need a thoughtful and complete operating agreement or partnership agreement. A customized operating agreement is vital to protecting both the entity and the members’ interests. Plan ahead so all members know what happens if:

  • A member wants out of the business voluntarily.

  • A member stops providing services to the business.

  • The members disagree about whether they want to take on a new business partner. 

  • The members disagree about the valuation of the company upon sale.

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Obtaining Tax-Exempt Status with the IRS

Nonprofits are vital to vibrant communities. We assist nonprofits from inception through filing the application to receive tax-exempt status with the Internal Revenue Service, all for a flat fee. Let us tackle the necessary filings so that you can get back to work serving the community. 

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Not sure if your work qualifies for tax-exempt status? We’ll work with you to determine whether and if so how you can better align your organization with the IRS’s requirements for tax-exempt status.

Let’s Get Your Entity in Place Today