What is an LLC?

Find the right LLC attorney in Framingham, 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?

The right business form is a decision left up to each business that openes in Massachusetts. An LLC is started simply by 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. These laws should certainly help you decide whether to organize as an LLC. The business structure that is appropriate for your business may take some effort to find, but finding the right business form can reward you with increased profitability.

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

Businesses in Framingham 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 Framingham

Framingham is home to approximately 68,318 people. It is located in Middlesex County, Massachusetts.

The city is known for its beautiful parks. Popular ones include Bowditch Field, Butterworth Park, Winch Park, Callahan State Park, Danforth Park, Cushing Park and Cochituate State Park.

The city has three major business districts--"The Golden Triangle," Downtown/South Framingham and West Framingham. It has many small business and office complexes which significantly help support the city's economy. In these offie complexes, many attorneys have established their law offices. Therefore, residents need not travel far to have their legal needs taken care of.

All in all, Framingham offers residents a wonderful quality of life with a community-like spirit!

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