Many Californians start their own business without creating a separate legal entity. An individual who does this is known as a sole proprietor. If this describes your current setup, you may want to consider adopting a more formal structure, such as a limited liability company, as your business continues to…
Articles Posted in Limited Liability Companies
Corporate Transparency Act
As of January 1, 2024, all entities that are not exempt in California must file reports on their “beneficial ownership” with the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). These reporting rules were part of the Corporate Transparency Act (CTA), which itself was enacted by Congress as part…
Incorporating a Company in Texas
Incorporating a business in Texas involves filing incorporation paperwork with the Texas Secretary of State through a fill-in-the-blank certificate of formation that can be completed with or without the help of a lawyer. The Texas Secretary of State recommends that a decision regarding the business structure is one a person…
How to Move Your Out-of-State LLC to California
If you have an LLC from another state, you might wonder whether you need to move it to California. This process of conversion (also called “domestication”) does take time and effort. There are, however, important reasons why you should invest in this legal protection. The San Jose LLC attorneys at…
How to Start an LLC in Texas 2023 Guide
One of the first steps to starting your business is forming the business entity. For a variety of reasons, a limited liability company (LLC) can be an attractive option. There are several benefits to creating an LLC, and an Texas LLC lawyer can help you take all of the necessary…
Business Entity Formation and Tax Implications
One of the legal services that corporate attorneys provide is advising startups with strategies to protect their long term interests. Each business entity has specific tax requirements and a San Jose business attorney can help you determine which is best for your venture. In this article, we’ll discuss specific business…
Alter Ego Liability in Texas
Many business owners form limited liability companies (LLCs) or corporations specifically to create a business entity that will be separate from themselves and spare them personal liability. The alter ego theory often applies in many cases in which parties seek to “pierce the corporate veil” and hold a corporate officer…
What Is an LLC?
A limited liability company (LLC) is a type of business entity. When formed properly and managed correctly, this business type can offer some protection from liability. Many business owners prefer the LLC because it can protect their personal assets from being used to satisfy the debts of the business. An…
Filing a DBA for a Business Entity
Naming a business is a critical component of branding strategy for a person or entity involved in a California business. When the name of the business does not include the owner’s last name, a person or entity has to file a fictitious business name (FBN) statement with the office of…
Do I Need an Attorney to Set Up an LLC?
There is no legal requirement that you have an attorney to set up an LLC. There is also no legal requirement that you have a defense lawyer represent you in the criminal court, but in both cases, your legal rights can be seriously impaired if you do not get legal…