What is an LLC?

Find the right LLC attorney in Rancho Cordova, CA

The Limited Liability Company, or LLC, is a legal form of business organization that offers the benefits of several other traditional structures. Like a sole proprietorship or partnership, an LLC is not taxed as its own entity. However, it still has the benefit of limited liability, the same as a corporation. LLC's, like corporations, may also have as many shareholders, or members, as desired. The LLC, however, is dissolved if one of those members files for bankruptcy or dies. Business forms with limited liability have existed for hundreds of years, but the modern LLC became more popular in California since the legislature enacted laws authorizing its creation.

Can My Business Be Formed as an LLC?

A business in California can be organized using the form that it chooses. If the founders want to organize as an LLC, all that is necessary is filing the appropriate form with the Secretary of State. However, some charge additional fees for the formation of LLC?s, and in California there are certain laws that govern the actions of LLC?s. You should consider these laws when deciding whether to organize your business as an LLC. Finding the right business structure for your company might take some effort, but it will ultimately make your business more profitable.

Can I Change the Form of My Business to an LLC?

Businesses in Rancho Cordova might sometimes change form. A company is eligible for conversion to an LLC if its situation falls under circumstances that are detailed by California law.

How Can an Attorney Help?

Whether it would be beneficial for your business to form or convert to a LLC is a difficult decision. An attorney practicing business law in California can give you valuable advice.

Talk to a Business Law Attorney now!

Life in Rancho Cordova

Rancho Cordova, California is a city in Sacramento County. It was incorporated in 2003, and currently has a population of about 65,000 people.

However, up to 45,000 workers commute to Rancho Cordova on a daily basis, which causes its population to spike during working hours on most days. This makes it the second-largest employment hub in the Sacramento area.

The economy of Rancho Cordova, California is driven by industries such as healthcare, insurance, and retail. Also, because Sacramento is the state capital, a large number of Rancho Cordova, California residents work for the state government, and commute to Sacramento. Many of these state employees are administrative professionals, such as lawyers.

In Rancho Cordova, California there are also many qualified attorneys in private practice. Anyone who needs legal representation would do well to contact a Rancho Cordova, California attorney as quickly as possible.

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