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Phone: 401-941-5291
Location
51 Jefferson Blvd.
2nd Floor
Warwick, RI 02888
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Business Formation
Realize your dream of starting a business with our business formation attorneys
Business Formation Attorney In Warwick, Rhode Island
Getting Your Business Off On The Right Foot
Ready to turn your dream into a reality? Pursuing success comes with its fair share of risks. While we may not be able to assist with logistical challenges, our focus lies in safeguarding your business from legal risks during formation. Tomassi Law, LLC can guide you in selecting the most suitable legal structure for your unique needs. With a wealth of experience in setting businesses on the right legal path, we can certainly make a substantial difference. Embark on your entrepreneurial voyage today!
Call Tomassi Law, LLC at 401-941-5291 to schedule a consultation with a lawyer today.
What Type of Business Structure Should I Choose – Corporation or Partnership?
There are various ways to organize your business. If you have shareholders and face a high level of risk, a corporation may be the optimal choice as it offers protection for personal assets in case of loss in investments. Partnerships are considered one of the riskiest business structures. In a general partnership, each partner is liable for the company's debts and the actions of the other partner. In a limited partnership, however, the limited partners are shielded from the company's debts, but at least one partner is still responsible for them. It's crucial to determine the most suitable option for your business model before launching. Schedule a consultation Tomassi Law, LLC to determine the best business structure for your specific needs.
Are There Any Other Structural Options for My Business?
Many small startups opt for the limited liability company (LLC) structure, which offers the liability protection of corporations while allowing flexibility in profit distribution. Additionally, LLCs can benefit from pass-through taxation, paying individual income taxes instead of higher corporate rates. Our team of business formation lawyers can assist you in determining the most suitable structure for your specific needs. Contact us today to schedule a consultation with Tomassi Law, LLC.
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