Get Things Done the Correct Way
If you are contemplating setting up a new Colorado limited liability company (LLC), you may need 
guidance on how to incorporate, file an LLC registration or prepare operating agreements and partnership forms.
The limited partnership attorneys at the Denver law firm of Theodore Watson & Associates, LLC help numerous Colorado and out-of-state business clients form new business entities with the Colorado Secretary of State. We help you develop and maintain your business with a strong legal foundation.
Our attorneys will:
- Provide prompt turnaround
- Provide Free initial consultation
- File your Articles of Incorporation
- Obtain your Tax ID Number
- Draft operating agreements and corporate documents
- Show you how to protect yourself against personal liability
Setting up the LLC
Most new business owners quickly rush online to file their articles of incorporation with the state. However, they are unaware of the various nuances that hold the company and owner (s) together. This includes:
- Personal liability
- Operations
- Rights and duties of the members
- Obligation to the business
Summary of Business Services
- Business law
- Contracts
- Partnerships
- Document drafting
- Operating agreements
- Business incorporation
- Outside counsel
- Regulatory and compliance
- Government contracts
- Corporate matters
About us
Watson & Associates, LLC is a Denver based law firm that primarily focuses on business law. Our lawyers 
frequently counsel and represent businesses from the formation and incorporation stages all the way through winding up or dissolution. Our approach focuses on:
- Thinking out of the box
- Candid advice to our clients
- Thorough research and application of the law
Benefits
- Flat rates for document preparation and drafting
- Fast and efficient turnaround
- Continuous access to your own personal attorney
- Flat monthly rates for on-going consultation and services
LCC is Good for Single Owners with Simple Operations
Like a corporation, the Limited Liability Company minimizes individual exposure. However, like a partnership it provides for flow-through taxation. As a single owner, you may find that this form is business entity is better for you. The immediate characteristics include:
- Treated as a partnership for tax purposes
- Has members rather than shareholders
- Management is vested in either managers of members
- Members have personal protection from the acts of the LLC
- Restriction on the number of members
Must be Legally Recognized in Colorado
Articles of Organization must be filed with the Secretary of State. If not, then you are not a legally 
recognized LLC. The ramifications in the event of a claim against you can be disastrous.
Advantages
- Owners of a LLC have the liability protection of a corporation
- An LLC exists as a separate entity much like a corporation
- Flexible Profit Distribution
- Flow-through Taxation
Most Inexpensive Formation Does Not Mean Most Appropriate
Setting up an LLC is the least expensive of the Colorado business entities. However, it is not always the best or most appropriate for you. Appropriateness depends on the composition of the ‘players’, the business goals and operations. This is one of the reasons why having a Denver lawyer can be of value.
Personal Exposure
Personal assets can also be protected in a Colorado limited liability company so long as the owner(s) do not engage in such things as commingling funds, not following statutory mandates. This is commonly known as “piercing the corporate veil.” There is an informative article authored by John C. Murray on piercing the corporate veil. John C. Murray has also written another article addressing the “Restrictions on the use of an LLC as an asset protection vehicle.”
Setting up a Limited Liability Business: All 50 states, including Colorado, now allow the formation of LLC`s. Forming your own LLC may not be as simple as a sole-proprietorship; however, the process is much less
than a corporation. There are two main actions:
1. Articles of Organization: If you plan to set up a new entity, you will have to file articles of organization with the Secretary of State and pay the required fees. Articles may be prepared by a lawyer or filed you.
2. Operating Agreement: Although it is not required in many states to draft an operating agreement, it is advisable. Much like corporate by-laws or partnership agreements, the operating agreement can help define your company profit sharing, ownership, responsibilities, and ownership changes.
Business Services throughout Colorado
Our Denver, Colorado business formation and commercial attorneys can further help you with your Limited Liability Company or LLC formation concerns. Contact us at 720-941-7200. Our clients are usually located in Aurora, Westminster, Colorado Springs, Bennett, Vail, South Denver, East Denver, Englewood, Centennial, Parker, Broomfield, Lakewood, and Cherry Creek, Thornton, Arapahoe, Adams, Jefferson and Denver counties.
Contact us to Protect Your Rights Today
If you are starting up a Colorado limited liability company, need guidance during operations, litigation or dissolution contact the Denver business incorporation attorneys at Theodore Watson & Associates today for immediate help.
Attorneys: Peter Ford Theodore Watson David Medina
Colorado Supreme Court SBA Google Yahoo Court Forms Business News Colorado Bar Association LLC Attorneys in Colorado
Aurora, Castle Rock, Franktown, Golden, Westminster, Bennett, Broomfield, Colorado Springs, South Denver, East Denver, Cherry Creek, Centennial, Denver, Parker, Lakewood, Broomfield, Commerce City, Vail, Littleton, Englewood, South Denver, Arapahoe County, Adams county, Douglas county, Jefferson county, Boulder Colorado Limited Liability, LLC Lawyers.
