What is an LLC?

Hawthorne 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. For hundreds of years, limited liability has been a primary goal of some business forms, but since the California legislature enacted laws authorizing its formation, the modern LLC has become more and more popular.

Can My Business Be Formed as an LLC?

California allows a company to incorporate using the business form it chooses. To begin as an LLC, a company simply files the necessary form with the Secretary of State. However, there may be an additional fee required for forming your LLC, determined by California laws that govern the formation and actions of LLC's. 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 Hawthorne may change its form under certain conditions. Whether or not a business is eligible for conversion to a LLC is a determination made by applicable California laws.

Find a Hawthorne 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?

Whether it would be favorable 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.

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 Albert L.

Albert L.

Kings, NY

Business - Transactional

Rating (4 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer James H.

James H.

Big Stone, MN

Business - Transactional

Rating (1 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Russell (Russ) B.

Russell (Russ) B.

Van Buren, MI

Business - Transactional

Rating (1 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer William A.

William A.

Essex, MA

Business - Transactional

Rating (2 users) *****
See Reviews

Need a Business Lawyer?

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