California’s economy is one of the most powerful globally, and small businesses make up 99.8% of all companies in California.
LLCs represent 35% of small businesses in the US. This is because they offer some of the benefits of a corporation, like protecting personal assets without all the hassle and paperwork.
Starting an LLC in California can be a quick and straightforward process with a little help.
Your LLC can start generating profits faster than you thought was possible; just follow the steps below.
The Easy Parts of Starting an LLC in CA
Like most formal processes, starting an LLC sounds complicated, but it’s pretty straightforward. The process mainly consists of completing forms with basic information like your business name, address, and what your business does.
LLCs are the quickest path to success for most small businesses because of owner-friendly policies like pass-through taxation and liability protection.
Liability protection lets you protect personal assets like your home or car when you create your startup. Pass-through taxation enables members of your LLC to skip corporate taxes in favor of individual federal income taxes.
The articles of organization sound formal and complex, but this form is quick and easy to complete in California. Getting an EIN from the IRS is also an easy process. You can grab one online for free.
The Difficult Parts of Starting an… Read More