Forming a California Limited Liability Company

 

 

LLC Formation 

Our Silicon Valley Business Attorney works with business owners, entrepreneurs, and investors in forming Limited Liability Companies (LLCs). An LLC has several advantages over other business entities, including:

 

·        The ability to choose between pass-through tax treatment and corporate-level taxation;  

·        A high degree of flexibility in structuring management;

·        Limited liability of the members;

·        The ability to distribute profits and losses according to the members’ particular wishes or tax liability; and

·        The possibility of classifying LLC interests as securities, which can be offered or sold under applicable securities laws.

   

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LLC Operating Agreements 

  

In addition to assisting entrepreneurs, small business owners, and investors with choosing an appropriate entity and management structure, our California Business Attorney will help negotiate and draft LLC business operating agreements. An operating agreement is a necessary component for valid California LLC under the Beverly-Killea Limited Liability Company Act. (Corp C §§17000-17655).  A well-drafted operating agreement can help avoid future disputes during the lifetime of the company by, among other things, clearly describing the organizational structure and the rights and privileges of members. With our experience drafting these agreements, business owners will guard against possible future legal confrontations and fulfill statutory requirements for valid LLC operating agreements.

   

What's Next?

 

Contact our Menlo Park law office today for an initial consultation. During our meeting, we will explore whether an LLC would be an appropriate entity for your business or investment.

 

Read about structuring a real estate investment with a California LLC and using LLCs in Estate Planning.