--- title: "Corporate & LLC Lawyer in Bangor, ME | Gray & Palmer" url: https://grayandpalmerattorneys.com/practice-areas/corporate-llc-law/ description: "Bangor attorneys for forming LLCs and corporations, operating agreements, bylaws, buy-sell agreements, and buying or selling a Maine business." --- ![Corporate & LLC Law](https://grayandpalmerattorneys.com/images/corporate-law.jpg) Corporate & LLC Law # Corporate & LLC Law Setting up your company right, and keeping it that way. 06.1 — Overview The papers you sign when you start a business decide a lot of things you won't think about until later: who controls the company, what happens if an owner leaves or dies, and whether your personal assets are protected. We help Maine business owners get those documents right from the start. Most of the small businesses we work with are organized as limited liability companies, though a corporation is still the better fit for some. We'll talk through liability protection, how you plan to take money out of the business, and whether you expect to bring in investors. The tax side matters too, and we're glad to work alongside your accountant on that part. Filing the certificate with the Secretary of State is the easy part. The operating agreement or bylaws are where the real decisions live: how votes are counted, how profits are split, what happens if one owner wants out, and how a deadlock gets broken. A template from the internet rarely answers those questions, and the gaps tend to show up at the worst possible moment. If there's more than one owner, a buy-sell agreement is one of the most useful documents you can have. It spells out what happens to an owner's share if they retire, become disabled, get divorced, or die, and how that share gets valued. It should also line up with each owner's personal estate plan, which our estate planning practice can help with. We stay with the company after it's formed, too. That includes amendments, bringing in new members or shareholders, contracts with customers and suppliers, and, when the time comes, selling the business or winding it down properly. At a glance - Forming LLCs and corporations with the Maine Secretary of State - Operating agreements, bylaws, and shareholder agreements - Buy-sell agreements and succession planning - Buying or selling a business - Amendments, new owners, and dissolutions Discuss your corporate & llc law matter Call (207) 945-5502 or send us a message, and an attorney will get back to you. [Call (207) 945-5502](tel:12079455502) Practice Areas Other ways we can help. [View all](https://grayandpalmerattorneys.com/practice-areas/) - [Bankruptcy & Debt](https://grayandpalmerattorneys.com/practice-areas/bankruptcy-debt/) - [Personal Injury](https://grayandpalmerattorneys.com/practice-areas/personal-injury/) - [Real Estate Law](https://grayandpalmerattorneys.com/practice-areas/real-estate-law/) - [Family Law](https://grayandpalmerattorneys.com/practice-areas/family-law/) - [Criminal Law](https://grayandpalmerattorneys.com/practice-areas/criminal-law/) - [Wills, Trusts & Probate](https://grayandpalmerattorneys.com/practice-areas/wills-probate/) Consultation ## Discuss your corporate & llc law matter Call (207) 945-5502 or send us a message, and an attorney will get back to you. Call [(207) 945-5502](tel:12079455502) Visit 6 State Street, Suite 407 Bangor, Maine 04401