What is an LLC?

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The Limited Liability Company, or LLC, is a legal form of business organization that offers the advantages of several other traditional structures. An LLC enjoys the same type of limited liability as a corporation, but like the sole proprietorship and partnership, it is not taxed as its own entity. Also like corporations, LLC's can have as many shareholders, or members, as it likes. Unlike a corporation however, the death or bankruptcy of one of the members will dissolve the LLC. Many business forms have historically been aimed at the goal of limited liability, but the LLC is the most modern of these forms, having become popular since the enactment of laws in California that authorized its formation.

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 required 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 specific 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 may 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 Alhambra may sometimes change form. A company is eligible for conversion to an LLC if its situation falls under circumstances that are detailed by California law.

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Life in Alhambra

Alhambra, California is a city in the San Gabriel Valley region of Los Angeles County, California. Its population is currently about 83,000 people. 

Alhambra, California is known for "The Hat" - one of its major local landmarks - it is a restaurant with a very strong cult following, and has developed into a region Southern California chain, providing a significant boost to the local economy. 

The largest employers in Alhambra, California are in the education, government, and healthcare, and energy industries. The power company Southern California Edison is one of the largest employers in the area.

Because of its diversified economy, Alhambra, California's lawyers are well versed in many different practice areas, from complicated business litigation, down to comparatively simple consumer and family legal issues.

So, if you're looking for legal advice, and live in or around Alhambra, California, you can be almost certain that there's an Alhambra, California attorney who can help you.



How Can an Attorney Help?

A lawyer versed in California business law will be able to advise you of the benefits and costs for forming and maintaining a LLC.

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