214 1/2 S. Washington Street, Naperville, IL 60540

Business Formation
Roscich & Martel Law Firm, LLC

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Business Formation Attorneys in Naperville, Illinois

Naperville Business Formation Attorney

The formation and structuring of a business entity is one of the most important decisions facing entrepreneurs. How you choose to structure your business venture will have significant impact in your exposure to personal liability, your business’ tax liability as well as your management structure. At the Roscich & Martel Law Firm, LLC Law Office, we understand the advantages and disadvantages of the various business formation options. Our attorneys will work with you, and your accountant if appropriate, to determine the best choice of entity for your business and guide you through the business formation process.

Business Formation Options

Whether you are starting your first business or your tenth, we can help you choose the appropriate business entity for your venture. The best entity selection will depend on your plans for your business and your goals for the future. We will explain your options in depth and make recommendations for how to best structure your business. Business entity options include:

  • Corporations (S-Corp and C-Corp)—A separate legal entity, shareholders are protected from legal liability. “C” corporations are subject to double taxation (i.e., taxation at both the corporate and shareholder levels). “S” corporations do not have this tax consequence, but are limited to 75 shareholders. Corporations require the most maintenance of the entity options.
  • Partnerships and Limited Partnerships—Individual partners share in profits and are legally and financially liable for the business and acts of the other partner(s). Partners are considered self-employed for tax purposes. Limited partners are only liable up to their individual capital investment.
  • Limited Liability Companies (LLCs)—A hybrid entity, it enjoys some of the advantages of corporations and some of partnerships. Members are shielded from liability and enjoy tax benefits.
  • Non Profit Corporations—Structured similarly to corporations, these organizations can file for tax-exempt status. Additional revenues are used to meet the goals of the organization.


Please contact us if you have a question regarding business formation, or if you would like to schedule an in-person meeting. Or stop by in person at the address below. Our offices are conveniently located in the Kailer building, near the corner of Jefferson and Washington in downtown Naperville.

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