What are the requirements for forming a limited liability company (LLC) in California?

To form a limited liability company (LLC) in California, there are several requirements that must be met.

1. Choose a Name: The LLC's name must be distinguishable from any other LLC or corporation registered with the Secretary of State of California.
2. Appoint a Registered Agent: An LLC must have a designated registered agent with a physical address in California to receive legal documents in case of a lawsuit.
3. File Articles of Organization: This is a document that must be filed with the Secretary of State of California that includes the LLC's name, address, and registered agent's information. The filing fee is $70.
4. Create Operating Agreement: While not required by California law, it is recommended that the LLC has an operating agreement that outlines the financial and operational decisions of the LLC.
5. Obtain Necessary Permits and Licenses: Some types of LLCs may require specific permits or licenses, depending on the nature of the business.
6. File Statement of Information: Within 90 days of forming the LLC, a statement of information must be filed with the Secretary of State of California. This statement includes updated information about the LLC, such as its members and managers.

It is important to note that there may be additional requirements or specific procedures depending on the specific circumstances of the LLC formation. Consulting with a licensed attorney in California who specializes in business law is recommended.