California LLC Conversion to a California Corporation
Though the LLC is currently the most popular entity used to facilitate business and limit liability, it can often limit a company’s expansion too. In many cases, converting a California LLC to a corporation can open a business up to outside investment by venture capitalists and stock investors. It also transforms ownership into something easily transferred (stock).
Locating your company in California has its own benefits and drawbacks just like choosing to do business as an LLC or a corporation. If you are currently operating as a California LLC and are looking for a conversion to a California corporation, CorporationMerger.net is for you. We specialize in entity type conversions (“inter-species mergers”) and changes in Domestic jurisdiction.
Move Corporation From Nevada to California
If you are one of the many California business owners who have been convinced by one of various Nevada incorporation marketing campaigns to incorporate there, you may also find yourself among business owners looking to move that corporation from Nevada to California. Here are some reasons why:
- Double Taxation – Nevada corporations doing business in California pay taxes in both states.
- Lack of Anonymity – The anonymity of initially incorporating in Nevada can be mitigated by disclosures required during the process of qualification to do business in foreign jurisdictions like California, applying for business or other licenses in certain counties, opening bank accounts, and other events. In fact, taking pains to be anonymous at the time of incorporation may even make a business owner look worse in the case of litigation.
- California Law May Still Apply – If a business owner lives in California, makes business decisions in California, operates his business in California, uses California bank accounts, pays California taxes, and the like, a plaintiff may push for the use of California courts, making any benefits the Nevada legal system may have over California a moot point.
CorporationMerger.net was designed specifically for you. We want to help you move your corporation from Nevada to California.
