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Commonly Asked Questions about California Business Legal Forms

501-LLC. (January 2022) Corporate Processing Service. A Non Government Agency. California Limited Liability Company Biennial Order Form.
Limited Liability Companies (LLC) - California Formation - Articles of Organization. Form LLC-1 (PDF) $70.00. Statement of Information: Due within 90 days of initial registration and every two years thereafter. Online Only. $20.00. Termination. Certificate of Dissolution. Certificate of Cancellation.
File the Form 501 before you solicit or receive any contributions or before you make expenditures from personal funds on behalf of your candidacy. This form is considered filed the date it is postmarked or hand delivered. Ensure campaign deadlines are met.
California is unique in that not only are professionals prohibited from forming an LLC (with minor exceptions), but the state doesnt even have a PLLC entity type. The reason for this is that professionals are held to a higher standard and have a responsibility to uphold the publics safety.
The main distinction between an LLC and a nonprofit is that a nonprofit is formed to serve a public or charitable purpose, whereas an LLC is formed to earn a profit. This means that nonprofits do not have to pay federal taxes per IRS subsection 501(c), whereas LLCs do.
The three major forms of business in the United States are sole proprietorships, partnerships, and corporations. Each form has implications for how individuals are taxed and resources are managed and deployed.
Heres the truth: The 501-LLC is just a way for these companies to charge you a hefty fee to file something called a Statement of Information.
You must submit the Statement of Information whether or not your company has conducted any business. There is a $20 filing fee and a $5 disclosure fee. You may file online.