Legal Question in Business Law in Florida

Corporations

We own a tractor trailor and just purchased another and are in the process of hiring a driver. I am looking into incorporating our business. I dont know which corp to choose, Profit Corp, LLC or S Corp. We want to make sure in the event of ever being sued that our personal assets are safe. Which corp is appropriate for a small independent business owner with one employee. Or do I file for more than one corp.


Asked on 4/09/03, 10:41 am

1 Answer from Attorneys

Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Corporations

Probably a regular corp with an S election. Aconsultation with counsel and or your cpa would enable the best choice to be determined.

-Good luck.

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Answered on 4/09/03, 4:28 pm


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