Starting and running a California LLC California Limited Liability Company Formation Starting a California LLC How to Form a California LLC Filing Articles of Organization Operating Agreement Functions Running a Limited Liability Company Managing an LLC Sharing Profits and Losses Funding the Company Maintaining Good Standing Record Keeping Requirements Tax Treatment Summary This articles contains information provided as a service to help people understand starting and running California Limited Liability Companies. Forms and instructions for many of the topics discussed on this page can be obtained by downloading forms at the California Secretary of State website. Formation and Operation of an LLC in California This section provides an outline of key considerations with respect to forming and operating a limited liability company in California. Features are similar in other states. Introduction The limited liability company entity is a relatively new form of business organization to California. The authorization of the LLC form of business in California is intended to provide flexibility to businesses for meeting their objectives. Advantages of the LLC legal structure are its protection of personal assets and credit reputation of business owners. A limited liability company combines some of the best characteristice of the partnership and corporation while eliminating some of the of their less desirable characteristics. The owners (called members) of a limited liability company, like shareholders of a corporation, are not personally liable for the debts of the business. Yet, like a partnership, double taxation is avoided because the profits of the company are not subject to income tax. Members of a limited liability company may actively participate in management […]
Starting an LLC is a fast, economical way to doing business in Nevada. There are virtually no state taxes, including income, estate or gift tax. Nevada has a high privacy level. Companies can be setup for owners identities to remain private, not listed with the state. Form a NV LLC here | Check pricing options | Read our articles.
Businesses incorporated in Nevada enjoy some of the most flexible laws in the nation. That, on top of pro-business tax treatment and privacy laws, make Nevada an attractive place to incorporate. For corporations doing business in Nevada, transacting business in Nevada, or engaging in interstate commerce activity, Nevada has flexible, pro-business regulation designed to attract startups and long standing companies. Read how to form a Nevada corporation and check our unmatched pricing options to incorporate in Nevada. Hire us form your Nevada corporation here.
With restrictive LLC laws and annual franchise tax on limited liability companies, forming a corporation is still a prevalent method of starting a company in California. For information on how to incorporate and maintain limited liability characteristics of a corporation after incorporating, consult our articles on incorporation. No one beats our prices and we have the quickest turn-around times when you want to form a California corporation. Start now!