What is an LLC?

Find the right LLC attorney in Barnstable, MA

The legal business form of the LLC, or Limited Liability Company, offers the benefits of several other traditional business forms. An LLC has the same advantage of limited liability that a corporation does, but without being taxed as its own entity. Instead, it's taxed more similarly to a sole proprietorship or partnership. Like a corporation, a LLC can have unlimited shareholders, called members. But a key difference is if one of these shareholders dies or files for bankruptcy, the LLC is dissolved and will stop operations unless the remaining members form a new LLC. Business forms with limited liability have existed for hundreds of years, but the modern LLC became more popular in Massachusetts since the legislature enacted laws authorizing its formation.

Can My Business Be Formed as an LLC?

A business in Massachusetts can be organized using the form that it chooses. If the founders want to organize as an LLC, all that is required is filing the appropriate form with the Secretary of State. There may be a fee required for opening your LLC, however. Applicable Massachusetts laws govern the formation of LLC's and their actions. When deciding whether to form a LLC, you should consider which laws would apply to your company. Although it may take some time to find, choosing the right business structure for your company will lead to increased profitability.

Can I Change the Form of My Business to an LLC?

Businesses in Barnstable may change their forms in certain circumstances. Whether a business may convert to a LLC or not is determined by Massachusetts law.

How Can an Attorney Help?

Whether it would be favorable for your business to form or convert to a LLC is a difficult decision. An attorney practicing business law in Massachusetts can give you valuable advice.

Talk to a Business Law Attorney now!

Life in Barnstable

Barnstable is often called the "Town of Barnstable." It is located in Barnstable County. In fact, it is the largest community on Cape Cod. Interestingly, Barnstable has seven villages within the city. The largest village is Hyannis, which is also the central business district. Another interesting fact about Barnstable is that in 2007, it was the All-American City Award winner.

Barnstabe has had some very famous residents. People such as Sam Barber, Joe Cronin, Judy Garland, Raymond Goulding, And Hallett, John Havlicek, Jack Kerouac, Dan LaCouture, Larry Page, and Eden White have once called Barnstable home.

Barnstable is also home to attorneys who have set up small law offices. These attorneys are competent to take on any legal inquiry and bring their clients justice.

All in all, Barnstable is a city that provides residents with small town charm and a wonderful quality of life!

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