Corporations in Siler City
Trusted Legal Guidance for Businesses at Every Stage
Starting and maintaining a corporation involves more than paperwork—it requires strategic planning, compliance with North Carolina law, and long-term foresight. At Fadely Law, we help business owners in Siler City and throughout Chatham County form and manage corporations with confidence and clarity.
Whether you’re launching a new venture, restructuring an existing company, or navigating complex regulatory requirements, Attorney Lewis R. Fadely offers the legal precision and local insight your business needs to succeed.
Corporate Formation and Legal Structure
Choosing the right legal structure is a foundational decision for your business. We help clients:
- Form C Corporations and Professional Corporations
- Draft and file Articles of Incorporation
- Create bylaws, shareholder agreements, and corporate governance documents
- Obtain necessary licenses and tax ID numbers
- Ensure compliance with state and federal regulations
We guide you step-by-step through the legal formation process, helping you avoid costly mistakes and build a solid legal foundation for your enterprise.
Corporate Buy-Sell Agreements and Related Documents
A corporate buy-sell agreement (also known as a shareholder agreement, stock purchase agreement, or business succession agreement) is a legally binding contract among a corporation and its shareholders that governs the ownership, transfer, and sale of shares under specified circumstances. These agreements are a critical component of business planning, helping to ensure stability, continuity, and clarity in the event of significant changes in ownership.
Buy-sell agreements typically address key triggering events such as the death, disability, retirement, bankruptcy, or voluntary withdrawal of a shareholder, as well as divorce, insolvency, or disputes among owners. The agreement establishes who may purchase the departing shareholder’s shares, how the shares will be valued, and the terms and timing of payment. This prevents unwanted third parties from acquiring ownership and reduces the potential for conflict among remaining shareholders.
Common structures of buy-sell agreements include:
- Cross-purchase agreements, where remaining shareholders agree to buy the departing owner’s shares.
- Entity purchase (redemption) agreements, where the corporation itself buys back the shares.
- Hybrid agreements, combining elements of both approaches.
Why Choose Fadely Law for Corporate Law?
As a trusted legal partner in Chatham County, we understand the needs of local businesses. Fadely Law offers:
- Personalized attention from an experienced local attorney
- Clear, practical legal advice
- Efficient document preparation and filing
- Commitment to your business’s long-term success
Whether you’re just starting out or expanding your corporation, we are here to support your vision and protect your interests.
Let’s Build Your Business the Right Way
From forming your corporation to resolving complex business challenges, Fadely Law is your partner in smart, strategic legal planning. Let us help you move forward with clarity and confidence.
📞 Call our office today to schedule a consultation: 919-663-2471
📩 Or click below to connect with our legal team: Apply for Appointment
