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Do independent contractors need a business license in California?

Each state has their own regulations that impact your licensing and registration requirements, such as: California requires both licensing and registration to work on construction projects worth more than $500. There are four types of licenses available, depending on the work being done.

Can a general contractor be an LLC in California?

The passage of Senate Bill 392 (Statutes of 2010, Chapter 698) authorized CSLB to issue contractor licenses to limited liability companies (LLCs).

What is a LLC employee worker bond?

An LLC bond is for the benefit of any employee or worker who may have incurred financial damages as a result of the companys failure to pay wages, fringe benefits, or other financial contributions as outlined in the California Business and Professions code.

What are bonding forms?

A bond form with regard to surety bonds is the document that states the purpose of the bond, the bond penalty, the term, outlines the conditions of the bond, and specifies the parties involved in the agreement. The bond form is a legal document and must be accepted by all parties to the agreement.

What are the requirements for a performance bond in California?

The bond must be written by a surety company licensed through the California Department of Insurance. The bond must be in the amount of $25,000. The business name and license number on the bond must correspond exactly with the business name and license number on the CSLBs records.

california form 13b 20

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Can a corporation hold a contractors license in California?

An individual can obtain a contractors license, then setup a company (sole proprietorship, LLC, corporation, etc.) and then that company can contract under that individuals license. Thus, if you were to buy a construction company, you will still need someone in the company to hold a contractors license.

Who is required to have a California Contractors License?

In California, anyone who contracts to perform work that is valued at $500 or more in combined labor and materials costs must hold a current, valid license from CSLB. ALERT Unlicensed operators pose a risk to you and your familys financial security.

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