What is an LLC?

Brentwood LLC Attorneys, CA

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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. Like a sole proprietorship or partnership, an LLC is not taxed as its own entity. However, it still has the advantage of limited liability, the same as a corporation. An LLC can also have an unlimited amount of shareholders, like a corporation. However, the LLC is dissolved if one of those members dies or files for bankruptcy. Various forms of limited liability companies have been around for hundreds years, but the modern LLC, like the legislature enacted in California, became more popular in the past several decades.

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, fees are generally required to form a LLC. The actions of LLC's as well as the costs for operating them are determined by California law. 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?

Changing business forms in Brentwood can be done if a company's situation meets particular conditions. Conversion to a LLC is possible if California law permits it in your situation.

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Life in Brentwood

Brentwood, California is a city in Contra Costa County, California, in the East Bay region of the San Francisco Bay Area. Its population is a little over 51,000 people.

Brentwood, California's economy has evolved over the last several decades, transitioning from a mostly agriculture based economy, to one based on retail and services. Uniquely, however,  Brentwood has retained agriculture as a significant portion of its economic base, creating a diverse and vibrant economy, with a median household income of over $80,000.

Many extremely successful professionals call Brentwood, California home. These include many lawyers and other providers of legal services. 

Brentwood, California lawyers are highly competent, and are able to handle almost any legal issue just about any legal issue that their clients will face. 

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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