What is an LLC?

Find the right LLC attorney in Pasadena, CA

The Limited Liability Company, or LLC, is a legal form of business organization that offers the benefits 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 benefit of limited liability, the same as a corporation. LLC's, like corporations, may also have as many shareholders, or members, as desired. The LLC, however, is dissolved if one of those members files for bankruptcy or dies. Different 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 just by filing the appropriate form with the Secretary of State. There can 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 might 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 Pasadena may change its form under particular conditions. Whether or not a business is eligible for conversion to a LLC is a determination made by applicable California laws.

How Can an Attorney Help?

Lawyers practicing business law in California can advise you on whether it would be favorable for your business to form or convert to a LLC.

Talk to a Business Law Attorney now!

Life in Pasadena

Pasadena, California is a city in Los Angeles County. It has a population of about 137,000 people.

Pasadena was first settled by Europeans in the early 1800s, and it was part of a Mexican land grant from that time period. When California became an U.S. state in 1849, Pasadena saw a large wave of settlement from other parts of the United States.

Modernly, Pasadena, California is known for its connection to cutting-edge scientific research. It is home to the California Institute of Technology - one of the leading universities in the country. It is also home to the Jet Propulsion Laboratory, which oversees the operations of many of NASA's deep space exploration probes. It is also the largest employer in Pasadena, California. In addition to employing scientists and engineers, JPL also employs large numbers of administrative personnel, including lawyers.

As you might imagine, because of its high level of education, there are many learned professionals, such as lawyers, in Pasadena, California.

If you are a resident of the Pasadena, California area and need a lawyer, chances are excellent that you'll be able to locate a Pasadena, California attorney who can handle whatever legal issue you might be facing.

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