Form with which a corporation may resolve to alter its corporate status top that of a subchapter (S) corporation.
Corporation Status In California In Franklin
State:
Multi-State
County:
Franklin
Control #:
US-0046-CR
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
Overall, a corporation has more structure and requires you to follow more formalities than with an LLC. See our article on how to form a California Corporation. A California LLC is formed by filing articles of organization with the state of California.
There are three (3) potential ways of moving a corporation from one state to another. Reincorporation. Form a new-state corporation; transfer assets and liabilities of the existing corporation to the new-state corporation; and dissolve the existing corporation ( known as "Reincorporation").
A California corporation generally is a legal entity which exists separately from its owners. While normally limiting the owners from personal liability, taxes are levied on the corporation as well as on the shareholders.
The status of the LLC can be checked online on the Secretary of State's Business Search at BusinessSearch.sos.ca. See the FTB Suspension/Forfeiture section below for information about resolving an FTB suspended/forfeited status.
Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc.
The California Secretary of State's website includes an entity search tool for public use. This tool allows users to search for business entities in California by name or file number.
When do you need a California Certificate of Status? A California Certificate of Status is required when your business expands to another state (otherwise known as a foreign qualification) and needs to register as a foreign corporation or LLC.
To submit Form SI-100, you may file it online at the California Secretary of State's website or mail it to the Statement of Information Unit at P.O. Box 944230, Sacramento, CA 94244-2300. For in-person submissions, visit the Sacramento office located at 1500 11th Street, Sacramento, CA 95814.
Corp Election teps for LLCs tep 1 Register a business name. tep 2 Get an agent for service of process in CA. tep 3 File California Articles of Organization. tep 4 File California tatement of Information. tep 5 Create an operating agreement for corporation election. tep 6 Apply for an EIN.