Legal Question in Business Law in New York
Forming a Trade Association
I want to form a national association of children's ceramics teaching studios. What type of legal entity can this be? Can this be a for profit corporation?
Asked on 4/05/03, 10:29 am
1 Answer from Attorneys
Gary Adelman
Adelman Matz, P.C.
Re: Forming a Trade Association
I would recommend a standard C or S Corporation. It is a for-profit unless you file the necessary paperwork with the IRS and attempt to get not for profit status
Answered on 4/05/03, 10:36 am
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