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California Limited Liability Companies or LLCs
Understanding the California LLC
Every entrepreneur must navigate the process of California Incorporation or LLC creation. California Incorporation indicates when a business becomes a corporation or a legal entity that is separate from its owner. The alternative is creating an LLC, or a limited liability company. California Incorporation and LLC creation occur when you submit appropriate documentation to the state.
Tips and Guidelines: California Incorporation and LLC Creation
Keep in mind that if you plan to do business primarily in California, you must incorporate or create your LLC also in California. However, if you plan to do business over many states, but your business headquarters will be in California, this is where you must incorporate or create your LLC. If you will be doing significant business outside of California, you may be required to pay taxes on income generate elsewhere. Your California incorporation lawyer can advise you on this account.
Setting up your business will be much easier if you work with your choice of a California incorporation lawyer, who has experience with both California LLCs and California corporations, and understands state laws. California incorporation law firms specialize in setting up your business for you, no matter what structure you choose. A skilled incorporation lawyer will ensure your legal protection, and make sure your California LLC or corporation is set up for success. However, educating yourself regarding your options can help you communicate better with your incorporation attorney, so together you can make the best choice for your business.
Make sure you talk to your California incorporation lawyer before beginning the process of setting up a corporation or an LLC to ensure you are making the best decision for your unique goals and financial situation. It is recommended that you also talk to an accountant when choosing between a California LLC and a corporation.
This website will help you through the process of choosing a structure for your business. However, you are advised to proceed with the help of your choice of incorporation attorney, since the information here is designed to familiarize entrepreneurs with their options, rather than to replace essential professional guidance. An experienced California incorporation lawyer can help you visualize the path your business will take with each structure, leading you to make the best choice possible and successfully complete all requirements for California incorporation and LLC creation.