What is an LLC?

Folsom LLC Attorneys, CA

Find the Right Lawyer Now

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. 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, fees are often required to form a LLC. The actions of LLC's as well as the costs for operating them are determined by California law. In deciding whether you should organize as an LLC, you should consider carefully the applicable laws. Finding the right business structure for your company can lead to increased profits, but the process may take some time.

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

Under specific conditions, a business in Folsom may change its form. Eligibility for conversion to a LLC is determined by California law.

Find a Folsom Lawyer that Specializes in Your Area of Need:

LLC Attorneys and Law Firms in the Largest CA Cities

Show California Cities

How Can an Attorney Help?

The decision of whether to form or convert to a LLC is best considered with the advice of local attorneys practicing business law in California.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other California Cities and Towns

Top Rated Lawyers

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.

Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Lawrence F.

Lawrence F.

El Dorado, CA

Business - Transactional

Rating (5 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer David A.

David A.

El Dorado, CA

Business - Transactional

Rating (15 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Julian C.

Julian C.

Los Angeles West, CA

Business - Transactional

Rating (16 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Mark W.

Mark W.

Alameda, CA

Business - Transactional

Rating (10 users) *****
See Reviews

Need a Business Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now: