408-478-4100

Business Law

GUIDANCE REGARDING LIMITED LIABILITY COMPANIES IN SAN JOSE

Is a limited liability company the right entity choice for your business?

limited liability corporation San Jose

On January 1, 2014, California enacted an all new LLC Act in the California Corporations code, completely replacing the prior act. The attorneys at Strategy Law, LLP have spent countless hours learning the provisions of the new act, and revising their various forms of LLC agreements to comply with the act. Whether you want a manager-managed limited liability company, or a member-managed limited liability company, we can assist you in choosing the most appropriate management structure and membership terms.

When we form an LLC for you, we do not just hand you a form package of documents and expect you to complete them appropriately. We will start by making sure an LLC is the best form of entity for you, taking into account the terms of the ownership agreement and the effect on California franchise taxes. We will consider whether you may be better off filing in another state and registering that foreign LLC in California. We can then take care of filings with the Secretary of State, Internal Revenue Service, Franchise Tax Board, Department of Business Oversight, Employment Development Department, Board of Equalization, and other state and federal agencies as appropriate. The LLC operating agreement will be tailored to your specific needs, ranging from a simple single member agreement to a complex multiple member operating agreement with buy-sell provisions and varying level of management authority. From the beginning, we will plan with the end in mind, including dissolution, sales and transfers. We will also work with you to satisfy any lender requirements for your business documentation. Throughout the operation of your business we will be available to assist with business, employment, technology, real estate, tax planning and other matters to protect your business and maintain the liability shield.

When the LLC has served its purpose, we will help you dissolve it, sell it, or convert it into a different type of entity, both in and out of California.

For more information and to make an appointment, contact Strategy Law, LLP at (408) 478-4100.

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1 S Almaden Blvd. Suite 700 

San Jose, CA 95113

408-478-4100

info@strategylaw.com

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.