What is an LLC?

Find the right LLC attorney in Visalia, 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. For hundreds of years, limited liability has been a main 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?

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, there can be an additional fee required for forming your LLC, determined by California laws that govern the formation and actions of LLC's. These laws should certainly help you decide whether to organize as an LLC. The business structure that is appropriate for your business might take some effort to find, but finding the right business form can reward you with increased profitability.

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

Businesses in Visalia may change their forms in particular circumstances. Whether a business may convert to a LLC or not is determined by California law.

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 Visalia

Visalia, California is a city in Tulare County, in California's central valley. It is also the largest city in Tulare County, with a population of about 125,000 people.

Human habitation of Visalia, California dates back several thousand years, with Native American tribes inhabiting the area. The first written European account of the area known as Visalia came in 1722, when Spanish explorer Pedro Fages explored the area.

Throughout most of its history, and to this day, the economy of Visalia is dominated by agriculture. Grapes, citrus, cotton, and olives are all grown in the area. Because of the presence of large numbers of migrant agricultural workers, the lawyers who practice in Visialia are particularly skilled in practice areas like immigration and labor law, but most Visalia, California lawyers can also handle other legal issues.

If you live in Visalia, California and are in need of legal services, there are several places you can turn, such as legal aid organizations. However, your best bet for competent and comprehensive legal advice is to seek the advice of a good Visalia, California attorney.

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