California PLLC Operating Statement
Description
How to fill out PLLC Operating Statement?
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FAQ
Unlike other states that require an annual report, in California, this report needs to be completed every two years. You have to do so by the end of the anniversary month of your LLC filing.
At this moment in time, a PLLC is not an option in California. The good news is that you have other options. In states that don't have PLLCs, sometimes licensed professionals can form standard LLCs instead. This guide will give you a better look at some PLLC alternatives in the state of California.
In California, professionals cannot form an LLC or PLLC; instead, they may form a Professional Corporation or Limited Liability Partnership. In other states that don't recognize the PLLC structure, professionals must choose an entity structure per the state's specific rules for licensed occupations.
Domestic LLCs may be managed by one or more managers or one or more members. In addition to filing the applicable documents with the Secretary of State, an operating agreement among the members as to the affairs of the LLC and the conduct of its business is required.
Most states permit professionals to render services through a professional limited liability company. But not California. In California, professional services may be rendered by a professional corporation, but not by a limited liability company (or ?LLC?).
Every California and registered foreign limited liability company must file a Statement of Information with the California Secretary of State, within 90 days of registering with the California Secretary of State, and every two years thereafter during a specific 6-month filing period based on the original registration ...
Pursuant to California law (California Corporations Code §17002), a limited liability company may engage in any lawful business except banking services, insurance services, and trust company business.
You will need a Certificate of Good Standing from your home state in order to register a foreign LLC in California. The Certificate must be current (no older than six months). You can obtain a Certificate from your local Secretary of State's office.