What is a corporation?

A corporation is a business entity that is registered as such with the state. Under the law, a corporation acts as an artificial being and is able to participate in business transactions. Corporations are considered to be legal persons and have many of the same rights and responsibilities that individuals do.

Ownership of a corporation is accomplished by holding shares of stock in the corporation. By selling stock, corporations are able to generate funds to expand the business or to increase capital.

What are the benefits of incorporation?

The primary benefit of establishing a corporation is protection from legal liability. In essence, shareholders and officers of the corporation are protected from personal liability for claims against the corporation. This protection is not absolute, however. Under certain circumstances (usually related to fraud), officers and shareholders may be held personally liable for the conduct of the corporation.

Incorporation has other benefits. Banks are more likely to loan to businesses that have incorporated. Corporations exist in perpetuity, they continue after the death of individual members or stockholders. Although the specific tax obligations of corporations differ according to the specific corporate form, corporations are able to reduce their taxable profits through qualified business expenses.

Why hire a law firm to incorporate?

Start your business off right with the help of an experienced business law firm. A law firm can help you choose the correct corporate form, assist you in setting up a proper stock structure, and address crucial questions such as what happens in the event a partner dies or leaves the company. A law firm can keep you up to date on regulatory paperwork, and help you avoid pitfalls not addressed by online incorporation services. Save money on future legal fees by consulting with experienced legal professionals at startup time.

Corporate Law Services in Seattle and Tacoma

The lawyers of Dickson Frohlich have decades of legal experience assisting large and small businesses. We are ready to put our expertise to work for your company.  Our familiarity with the Seattle and Tacoma court systems will save your business time and money. We will put into plain English your rights and responsibilities as a business owner, and work as a team to provide our clients with a great breadth of legal knowledge and prevent costly mistakes.

Call Dickson Frohlich now, to find out how we can help your business succeed. Call 253-572-1000 for a phone consultation and quote for future services.

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Thomas L. Dickson

Tom is an experienced litigator and the founding partner of the Dickson Frohlich. For over 30 years, he’s helped clients prevail in their real estate, construction, and business law matters.

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Robert P. Dickson

The core of Rob’s legal practice is civil litigation, with an emphasis on construction, real estate, and business law. He represents a wide range of clients, from large construction companies to individual homeowners.

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Mark S. Johnson

Mark’s legal practice focuses on civil litigation, real estate law, business law and family law. He works tirelessly to help his clients achieve the outcome they are looking for.

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Daniel J. Frohlich

Dan’s legal practice focuses on civil litigation, real estate law, business law and probate law. He has more than 10 years of experience as an attorney serving clients throughout Western Washington.

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Chris Lindemeier

As an associate at Dickson Frohlich, Chris practices in a wide range of areas, including business law, real estate law, civil litigation, and intellectual property law.

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Rebecca Corcoran

As an associate at Dickson Frohlich, Rebecca is active in the firm’s business law department. She can help with entity formation, intellectual property, as well as any necessary litigation involving your business’s needs

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Daniel Pizarro

As an associate at Dickson Frohlich, Daniel is active in the firm’s civil litigation department. His practice is mainly centered around real estate law, landlord-tenant law, construction law, and probate law.

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Alexander Wisbey

Alexander Wisbey comes to the firm with 5 years of experience as a litigator and trial attorney. He has first chaired several jury trials and has extensive experience handling arbitrations, mediations, depositions, and settlements.

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George Knight

George is an honors graduate of Emory University School of Law. While there, George served on the Emory Law Journal as an Articles Editor.

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Reed Speir

Born and raised in Anchorage, Alaska, Reed Speir has lived in the Tacoma area since 1994. Reed earned his law degree from Seattle University School of Law.

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I highly recommend Dickson Frohlich and if I ever need a lawyer again they will be my first call.

- Jeremy H.

I can’t even tell you how much I appreciate this firm! These guys helped me through one of the most challenging legal situations I’ve faced in my life. Their skill and expertise literally saved my business. I’ve dealt with other counsel in the past but the Dickson firm was by far the most competent and tactful counsel I’ve ever received. I would recommend this group to anyone!

- Keith D.

It’s a pleasure to work with the guys at Dickson Frohlich. One of the first things that stood out to me was how down to earth and friendly everyone at the firm is. I would definitely recommend them.

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