Forming a Limited Liability Company (LLC) in California is an excellent way to protect your personal assets while enjoying the flexibility of a business entity. However, the process requires careful preparation of specific documents to ensure compliance with California law. At Lane Law Group, Inc., we provide expert legal assistance to the Los Angeles County public, guiding business owners through every step of the LLC formation process.

Documents Needed to Form an LLC in California

1. Articles of Organization (Form LLC-1)

• This is the foundational document required to register your LLC with the California Secretary of State. It includes:
• The LLC’s name.
• The designated registered agent.
• The LLC’s management structure (member-managed or manager-managed).
• The LLC’s principal office address.

1. Filing Fee: $70
   Processing Time: Standard or expedited options are available.
2. Operating Agreement

• While not required to be filed with the state, an Operating Agreement is a crucial internal document that outlines how the LLC will be governed. It includes:
• Ownership structure and member responsibilities.
• Distribution of profits and losses.
• Decision-making processes.
• This document is especially important for multi-member LLCs to avoid disputes.

1. Employer Identification Number (EIN)

• Issued by the IRS, an EIN is required if your LLC has employees, multiple members, or plans to open a business bank account.
• You can obtain an EIN online through the IRS website for free.

1. Statement of Information (Form LLC-12)

• California requires all LLCs to file a Statement of Information within 90 days of forming the LLC and every two years thereafter. This form provides:
• Updated details about the LLC’s business address.
• Names and addresses of members or managers. Filing Fee: $20

1. Business Licenses and Permits

• Depending on your industry and location within California, you may need local or state business licenses to operate legally.

1. Registered Agent Information

• A registered agent is required to receive legal documents on behalf of your LLC. The agent can be an individual or a registered agent service located in California.

1. Filing Fees and Franchise Tax

• California requires LLCs to pay an annual franchise tax of $800, regardless of income, and additional fees may apply for higher revenues.

Additional Considerations

• Name Availability: Ensure your chosen LLC name is unique and complies with California naming guidelines.
• Professional Licenses: If your business operates in a regulated profession (e.g., law, medicine), additional documentation and licensing may be required.

How Lane Law Group, Inc. Can Help

Forming an LLC can be a complex process, especially in California, where compliance with state regulations is critical. At Lane Law Group, Inc., we assist Los Angeles County business owners in preparing and filing all necessary documents, drafting customized Operating Agreements, and ensuring that every aspect of their LLC formation is handled with precision.

If you’re ready to start your business, contact us today for professional legal assistance. Let us help you build a strong foundation for your success.