Doing Business as an LLC in California ... - anaparev's posterous

An LLC is a corporate entity that generally has the tax flow-through benefits of a partnership while maintaining the legal protections of a corporation. To determine the rights and responsibilities of the corporate members, a business must look to the specific state in which they are incorporated.

Many states treat LLCs as creations of contract and state laws often act as ?gap fillers.? In short, this means if the members of an LLC fail to contemplate certain actions, the statute decides the matter for them.? For example, if an LLC doesn?t contemplate the rights of its members in case of dissolution of the LLC, state statutes would guide the course.

There will always be an initial filing fee in each state. Some of the costs are lower than others, but this can also be outweighed by the cost of doing business as a foreign corporation. Even though you are incorporated in one state, your company will have to register in every other state you do business in as a ?foreign? company. Companies doing business in California must register with the California Secretary of State?s Office.

While the governance of the LLC may be subject only to the laws of its incorporation, externally the LLC is subject to the laws of each of the state it conducts its business.? For example, a Nevada LLC doing business in California will be required to register with the Secretary of State and comply with California laws like maintaining a registered agent with a California address and be subject to California tax laws.

For more information on conducting business in California, contact a professional California Business Lawyer. In the San Jose area or within California, call the Wade Law Group at (888) 909-9430.

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Source: http://sanjoselitigationandlawsuits.com/770/doing-business-as-an-llc-in-california/

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Source: http://anaparev.posterous.com/doing-business-as-an-llc-in-california

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