Top Portsmouth, RI Business Organizations Lawyers Near You
100 Westminster St, 12th Floor, Providence, RI 02903
469 Centerville Road, Suite 204, Warwick, RI 02886
50 Kennedy Plaza, 11th Floor, Providence, RI 02903
One Financial Plaza, 14th Floor, Providence, RI 02903
1481 Wampanoag Trail, East Providence, RI 02915
36 Washington Square, Newport, RI 02840
564 S Water Street, Providence, RI 02903
77 Narragansett Avenue, Jamestown, RI 02835
Three Regenc Plaza, Suite 3, Providence, RI 02903
10 Dorrance Street, Suite 700, Providence, RI 02903
400 Reservoir Avenue, Suite 3A, Providence, RI 02907
260 Lonsdale Ave, Pawtucket, RI 02860
39 Pike St, Suite 2, Providence, RI 02903
One Turks Head Place, Suite 450, Providence, RI 02903
68 S Main St, Suite 201S, Providence, RI 02903
56 Exchange Terrace, Providence, RI 02903
30 Exchange Terrace, Commerce Center, Providence, RI 02903
86 Weybosset Street, Providence, RI 02903
10 Weybosset Street, Suite 800, Providence, RI 02903
4 Richmond Square, Providence, RI 02906
160 Westminster Street, Suite 400, Providence, RI 02903
1301 Atwood Ave, Suite 215 N, Johnston, RI 02919
40 Westminster Street, Suite 1100, Providence, RI 02903
2 Williams Street, Providence, RI 02903
1080 Main Street, Pawtucket, RI 02860
Portsmouth Business Organizations Information
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What Is Business Organization Law?
There are different types of business structures that affect how you run your company. Some business structures are less expensive to get up and running and have simpler reporting requirements. Other business organizations have greater tax advantages but have stricter requirements. Different types of business organizations include:
- Sole proprietorship
- Limited liability company (LLC)
- Partnership and limited liability partnership (LLP)
- Corporation
- S corporation or B corporation
- Non-profit organization
What Are Some Examples of Situations Where I Might Need a Business Organizations Lawyer?
You can benefit from a business organization lawyer if you are starting a new business or reorganizing your existing business and you have questions about:
- Limited personal liability
- Tax-preferred status
- Setting up a publicly traded or private company
- Regulatory compliance
- Investment opportunities
How Can a Business Organizations Lawyer Help Me?
Before organizing your business, a business organization lawyer can explain the different structures, benefits, and drawbacks to make sure you get started on the right foot. If there are any complications or legal challenges down the road, a business organization lawyer can represent you in legal negotiations. In helping you choose the right business entity, your lawyer will help with:
- Drafting partnership agreements, bylaws, and operating agreements
- Ensuring compliance with Rhode Island and Portsmouth licensing and zoning
- Reviewing commercial agreements and contracts
What Could Happen if I Don’t Hire a Business Organizations Lawyer?
If you don’t follow the proper filing, recordkeeping, and corporate structure requirements, it can cause trouble down the road. Working with a business organization lawyer can help you avoid many of the common pitfalls of running a business. There can be serious legal and financial consequences when your business doesn’t follow the strict corporate requirements, including:
- Tax violations
- IRS audits
- Securities law violations
- Personal liability for business losses
- Loss of business reputation
What Questions Should I Ask When Trying To Find a Business Organizations Attorney in Portsmouth?
Find the right business organization lawyer for your business needs. Many lawyers offer an initial consultation where you can ask them questions and see if they are the right fit. These questions can help you determine if this lawyer has the experience to handle your case. Some questions you should ask include:
- What is your experience with business organizations in Rhode Island?
- What is your approach to handling business organization cases?
- Have you dealt with cases involving this type of business structure?
- What potential outcomes should I expect from my case?
- Are there upcoming legal changes that could change how I structure my business?
Tips for Hiring a Business Organizations Lawyer
Take the time to find a business lawyer who is right for you and will represent your best interests. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts