QUESTION
I am buying a Bar/Restaurant and would like to buy with an S corporation. I Have not formed this Corporation yet but we are ready to enter escrow.
Asked on Feb 24th, 2015 on Corporate Law - California
More details to this question:
Are there any problems with forming this while in escrow. Concerning the Liquor License, Taxes, etc. I am in California. Thank you
1 ANSWER
Business Transactions Attorney serving Los Angeles, CA
at
Doland & Fraade
Update Your Profile
The ABC Board will want complete documentation so the sooner you get started the better. You need the entity formed for the city business license which the ABC willl want to see. Hope you have a team in place to help you do your "due diligence" in such an important acquisition and inorder to help you avoid unpleasant surprises after closing.
Answered on Feb 24th, 2015 at 1:18 PM