What are the steps I should take to form a Limited Liability Company (LLC) in California?

To form a Limited Liability Company (LLC) in California, you should take the following steps:

1. Choose a Name for the LLC: First, you should choose a name for your LLC that is unique and not already in use by another California LLC. You can check the availability of a name by searching the California Secretary of State's business name database.
2. File Articles of Organization: You will need to file Articles of Organization with the California Secretary of State's office. This document should include the name of your LLC, its principal place of business, the name and address of its registered agent, and the names and addresses of its members.
3. Appoint a Registered Agent: Your LLC must have a registered agent who can receive legal documents on behalf of the LLC. This agent can be an individual or a business entity located in California.
4. Obtain an Employer Identification Number (EIN): You will need to apply for an Employer Identification Number (EIN) from the Internal Revenue Service (IRS). This number will be used to identify your LLC for tax purposes.
5. Draft an Operating Agreement: Although not required by California law, it is highly recommended that you draft an Operating Agreement for your LLC. This document will outline the ownership and management structure of your LLC and can help to prevent disputes among members in the future.
6. File Statement of Information: Within 90 days of forming your LLC, you must file a Statement of Information with the California Secretary of State's office. This document will update the state on any changes to your LLC's name, address, registered agent, or members.
7. Obtain Any Necessary Business Licenses or Permits: Depending on the nature of your business, you may need to obtain additional business licenses or permits from state or local government agencies.

There are a few potential limitations or exceptions to be aware of when forming an LLC in California. For example, certain professions, such as doctors or lawyers, may not be permitted to form LLCs or may face additional restrictions. Additionally, while an LLC offers liability protection to its members, it may not protect against certain types of legal claims, such as those related to fraud or wrongful acts.

To ensure that you have followed all necessary steps and complied with all applicable laws and regulations, it is recommended that you consult with a licensed attorney or business professional with experience in forming LLCs in California.