Recommended formation service - We have negotiated with Northwest to provide the best discount and packages for our users, we get compensated when users use our discount links. 💼 Northwest 75% 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 link - go.truic.com/3txg1or Fees are as follows $29 + state fee of $70 + $9 for BOI (This is optional but recommended as failure to do so can result in a fine of $500/day) 📙 California LLC Formation Page howtostartanllc.com/california-llc
I just paid $500 to my CPA to set it up. Wondering if I could’ve of done it myself but I didn’t want any hiccups. I’ll definitely be doing setting up my next one.
The state of California requires that changes to the LLC's address be made by submitting a Statement of Information: bpd.cdn.sos.ca.gov/llc/forms/llc-12-112021.pdf
Question my business is online, could I use another state other than California? If yes how would it affect me doing events in California with a different state LLC? Thanks in advance
Unfortunately, under California law, all LLCs are required to annually file a California tax return and pay at least an $800 California franchise tax if they: -Engage in any transaction in California for the purpose of financial gain or profit. -Are incorporated or organized in California. -Have qualified or registered to do business in California. -Are “doing business” in California, whether or not they are incorporated, organized, qualified, or registered under California law. In general, it is very difficult to run a business or conduct business activities within the state of California as an LLC without paying fees and taxes. Even managing the business, i.e., making phone calls or using the Internet from CA, can be considered "doing business." The penalties for not paying are high. We would recommend consulting with a business attorney in your area. Please note that the information we provided is not, and is not intended to, constitute legal or tax advice. All content is exclusively provided for entertainment purposes. For the most up-to-date legal advice, we advise deferring to a professional attorney or certified public accountant.
Thanks! Use this link to start your LLC, please: go.truic.com/45hplKy At TRUiC, our mission is to offer free resources and information. We support our work by partnering with service providers, earning a percentage on some of the offers we’ve negotiated on your behalf. Northwest is one such partner.
Thanks so much for the comment, you aren't alone in that sentiment. It's true-- California has a reputation for not making it easy for small businesses. That said, most small business owners must live and do business in California for all kinds of reasons. And if they're running their small business in California, they need to protect their personal assets from business liability. There are people out there working to change how California regulates and taxes small businesses. You can find a few of those organizations here: calosba.ca.gov/local-direct-assistance/community-partner-resources/
Recommended formation service - We have negotiated with Northwest to provide the best discount and packages for our users, we get compensated when users use our discount links.
💼 Northwest 75% 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 link - go.truic.com/3txg1or
Fees are as follows $29 + state fee of $70 + $9 for BOI (This is optional but recommended as failure to do so can result in a fine of $500/day)
📙 California LLC Formation Page
howtostartanllc.com/california-llc
Thank you!
You're so welcome, thanks for watching!
Excellent content; production value on point and easy to follow. Thank you.
Thank you! Glad you liked it!
Great Content! Thank You🎁
You're very welcome! Were you able to get your LLC started?
Definitely a bunch of stuff I didn’t know for sure about CA LLCs 🤦🏽♂️ much appreciated
Thanks for watching!
I just paid $500 to my CPA to set it up. Wondering if I could’ve of done it myself but I didn’t want any hiccups. I’ll definitely be doing setting up my next one.
Yes! You can do it yourself.
And another good option is an LLC service. Our most recommended provider charges $29.
Good video Keep it up
Thank you!
This was super useful, thank you!!
Glad it was helpful!
ET cetera !!! ET !💥
Thanks for the heads up, we can edit UA-cam's closed captioning. We'll get that fixed!
Thanks
Thanks for watching!
Thankyou
You're welcome, thanks for watching!
I thot “How do I go about an LLC”
And here you are! SWEET!
Valuable information
best channel for small business owners!
Thank you! We're glad you're watching!
I honestly clicked because of the pretty lady
Yup .
Dude me too wtf
A man of culture
She’s average you need to go outside more
@@csowner2048 ok. You must be the expert, thanks for the free advice!
Hello, please tell me, I issued llc from my personal mail, now I want to make a corporate one, do I need to make these changes in the documents?
The state of California requires that changes to the LLC's address be made by submitting a Statement of Information: bpd.cdn.sos.ca.gov/llc/forms/llc-12-112021.pdf
This was very helpful, thank you!
You're very welcome!
Are you forming an LLC yourself?
Question my business is online, could I use another state other than California? If yes how would it affect me doing events in California with a different state LLC? Thanks in advance
Unfortunately, under California law, all LLCs are required to annually file a California tax return and pay at least an $800 California franchise tax if they:
-Engage in any transaction in California for the purpose of financial gain or profit.
-Are incorporated or organized in California.
-Have qualified or registered to do business in California.
-Are “doing business” in California, whether or not they are incorporated, organized, qualified, or registered under California law.
In general, it is very difficult to run a business or conduct business activities within the state of California as an LLC without paying fees and taxes. Even managing the business, i.e., making phone calls or using the Internet from CA, can be considered "doing business." The penalties for not paying are high.
We would recommend consulting with a business attorney in your area.
Please note that the information we provided is not, and is not intended to, constitute legal or tax advice. All content is exclusively provided for entertainment purposes. For the most up-to-date legal advice, we advise deferring to a professional attorney or certified public accountant.
Im going to college daye issepted me
Are they forgery proof like NICER LLCs?
Thanks for watching. We aren't sure what you are asking, could you please tell us a little more about the question?
Oh
Hi, I’m in love with you
Thanks!
Use this link to start your LLC, please: go.truic.com/45hplKy
At TRUiC, our mission is to offer free resources and information. We support our work by partnering with service providers, earning a percentage on some of the offers we’ve negotiated on your behalf. Northwest is one such partner.
Step one, never start a business in California
You are not alone in that sentiment.
if Elon musk and Joe rogan moved their companies out of California to Texas. that should raise questions to why you would to commit business suweecide
Thanks so much for the comment, you aren't alone in that sentiment.
It's true-- California has a reputation for not making it easy for small businesses.
That said, most small business owners must live and do business in California for all kinds of reasons. And if they're running their small business in California, they need to protect their personal assets from business liability.
There are people out there working to change how California regulates and taxes small businesses. You can find a few of those organizations here: calosba.ca.gov/local-direct-assistance/community-partner-resources/
Doing business in California is always harder than it has to be.
Thank you democrats.
ur mom loves calling me. tell her to stop.