What is an LLC?

Rancho Cucamonga LLC Attorneys, CA

Find the Right Lawyer Now

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. Business forms with limited liability have existed for hundreds of years, but the modern LLC became more popular in California since the legislature enacted laws authorizing its creation.

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 necessary is filing the appropriate form with the Secretary of State. However, some charge additional fees for the formation of LLC?s, and in California there are specific laws that govern the actions of LLC?s. In deciding whether you should organize as an LLC, you should consider carefully the applicable laws. Finding the right business structure for your company may lead to increased profits, but the process may take some time.

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

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

Find a Rancho Cucamonga Lawyer that Specializes in Your Area of Need:

49 Business - Transactional cases posted to LegalMatch lawyers in Rancho Cucamonga

LLC Attorneys and Law Firms in the Largest CA Cities

Show California Cities

How Can an Attorney Help?

Attorneys experienced in California business law can give you valuable input on whether your business would be more profitable as a LLC.

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 William W.

William W.

Business - Transactional

Rating (1 users) *****

 

See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Daniel S.

Daniel S.

Business - Transactional

Rating (1 users) ****

 

See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Christopher F.

Christopher F.

Business - Transactional

Rating (6 users) ****

 

See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Francis H.

Francis H.

Business - Transactional

Rating (1 users) *****

 

See Reviews

Need a Business Lawyer?

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