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. 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?

The right business form is a decision left up to each business that openes in California. An LLC is started simply by filing the appropriate form with the Secretary of State. There may be a fee required for opening your LLC, however. Applicable California laws govern the formation of LLC's and their actions. Applicable laws are a primary consideration in the decision of whether to organize as an LLC. The right business structure for your company may be difficult to find, but different structures can end up saving your company a lot of money.

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

A business in Costa Mesa may change its form under specific conditions. Whether or not a business is eligible for conversion to a LLC is a determination made by applicable California laws.

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Life in Costa Mesa

Costa Mesa, California is a city in Orange County. Its population is currently 110,000 people.

Costa Mesa, California was founded in 1953. It was primarily a rural community at its founding, and it gradually transitioned into a suburban "edge" community with a strong economy based on commerce, retail, and light manufacturing.

The largest commercial center in Costa Mesa is the South Coast Plaza, a shopping center of over 300 stores. It is known for its unique architecture and large size. Consumers spend well over 1 billion dollars per year, providing a major driving force of Costa Mesa's economy. The owners of the shopping center typically need legal representation when negotiating and finalizing lease agreements with tenants. The owners, as well as prospective tenants, employ or retain large numbers of Costa Mesa, California attorneys.

If you need to find legal advice in Costa Mesa, California, you should start by seeking out a qualified attorney in Costa Mesa. A Costa Mesa lawyer can probably help you with whatever legal issue you may be facing.

How Can an Attorney Help?

Whether it would be advantageous 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.

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