Legal Question in Business Law in Massachusetts

I am starting a limo service company. I was wondering what type of corporation should I file my business under that would give me the best coverage for a liability concern.


Asked on 10/29/09, 10:06 pm

1 Answer from Attorneys

You can form either a regular MA Corporation or a Limited Liability Company. Either will give you the same protection from personal liability. If you incorporate, you can elect to be treated as a sub-S corporation to have losses or profits pass through like an LLC.

Please feel free to contact me if you have more questions.

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Answered on 11/03/09, 10:41 pm


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