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Limited Liability Corporation

Texas, I have an llc right now. Can I change it to a c corporation?

While this varies from State to State, it is likely you can convert your entity from a LLC to a Corporation. To discuss this fully, please schedule a consultation with your LegalZoom provider law firm. Jeffrey Lippman's offices are located in Leesburg, Virginia. Mr. Lippman is licensed to practice law in the District of Columbia and the state of Maryland, and his comments may only apply to those jurisdictions. If your question applies to a different jurisdiction you should check with an attorney in that jurisdiction. The information is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Answering this question does not in any way constitute legal representation and any information you provide is not protected by attorney-client privilege.

Do you recommend setting up the legal sturcture of a business first when it involves a partner, or do you recommend having a working business model/product/service first? I guess this is kind of a chicken before the egg sort of a question...

Starting a business should be like taking a road trip. You follow a course plotted by the GPS or outlined on a map to your end point. Before officially starting a business, you want to plot your course to include things like researching if you have a viable idea, is there a market, how much money is needed for startup and creating a business plan. An excellent free resource is www.sba.gov which has guides to assist you and also counselors. Your LegalZoom membership will provide you with resources for setting up your business and legal advice to assist you with questions. ATTORNEY ADVERTISEMENT. The choice of a lawyer is an important decision and should not be based solely upon advertisements. Amy Hutchens' offices are located in Kansas City, Missouri. Ms. Hutchens is licensed to practice law in the state of Kansas and Missouri and her comments may only apply in those states. If your question applies to a different state you should check with an attorney in that state. The information is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Answering this question does not in any way constitute legal representation and any information you provide is not protected by attorney-client privilege.

Incorporation

Can I choose my own date of incorporation?

Some states allow you to choose a future formation date. Whether you’re able to choose a specific effective date, and the date range, will vary based on the state where you are forming your business. Feel free to contact us at 888-381-8758 so that we can better assist you!

How to chamge ownership of c corp in calif.? Can I simply fill out some form? Your reply appreciated. Mike onishi

Hi Mike! If you’re looking to update the stockholders/shareholders for a Corporation in California, this can be done by updating your Bylaws & Resolutions. If the corporation has already issued shares, it’s a good idea to discuss the process of selling or cancelling any issued shares with an attorney. You can schedule a consultation with an independent attorney licensed in your state by joining our legal plan. Click here to learn more: https://www.legalzoom.com/attorneys/legal-plans/business.html. We offer two package options for the Bylaws & Resolutions: Standard and Rush. Both packages include the Bylaws & Resolutions paperwork. The Rush package is immediately marked for special handling and, once filed, shipped via 2-day delivery. The Rush package is completed and shipped in 3-5 business days and the Standard package is completed and shipped in 7-10 business days. You can find this service on our website, or you can feel free to call us at 888-381-8758 to speak with a representative, or chat for further assistance.

Sole Proprietorship

California I have a sole prop, I want to start an llc and put my already existing dab under its protection, to limit my liabilty. Can I do that?

You would be able to do that. Once you create an LLC, you would have to contact the county regarding changing ownership of the DBA from yourself to the LLC.

Cody Cooper's offices are located in Pasadena, California. Cody Cooper is licensed to practice law in the state of California and their comments may only apply to that state. If your question applies to a different state you should check with an attorney in that state. The information is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Answering this question does not in any way constitute legal representation and any information you provide is not protected by attorney-client privilege.

Can a dba be a holding company for another dba?. Can a subsidiary be a dba of another dba?

DBA is not considered an entity or a company. DBA is a fictitious name and does not provide a limited liability protection as LLC or Corporation. So, DBA cannot be a holding company for another DBA and no subsidiary DBA exists for another DBA. You can register a DBA either under your personal name or under LLC or corporation name. Viktoriya Shaykhutdinova’s offices are located in Pasadena, California. Viktoriya Shaykhutdinova is licensed to practice law in in the state of California and her comments may only apply to that state. If your question applies to a different state, you should check with an attorney in that state. The information is not, nor is it intended to be a legal advice. You should consult an attorney for individual advice regarding your own situation. Answering this question does not in any way constitute legal representation and any information you provide is not protected by attorney-client privilege.

Non Profit

Can I have multiple factions under my nonprofit organization title?

There might be some state specific rules, so be careful for those, but generally, as long as these factions are for the purpose of furthering the non-profit purpose of the organization, then you can have multiple factions.

Cody Cooper's offices are located in Pasadena, California. Cody Cooper is licensed to practice law in the state of California and their comments may only apply to that state. If your question applies to a different state you should check with an attorney in that state. The information is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Answering this question does not in any way constitute legal representation and any information you provide is not protected by attorney-client privilege.

Can you help our il 501c3 move domicile from il to texas?

LegalZoom does offer entity domestication services but the rules vary by State and both the target State and home State will have requirements. I recommend you schedule consultations with the LegalZoom provider firms in both States. Jeffrey Lippman's offices are located in Leesburg, Virginia. Mr. Lippman is licensed to practice law in the District of Columbia and the state of Maryland, and his comments may only apply to those jurisdictions. If your question applies to a different jurisdiction you should check with an attorney in that jurisdiction. The information is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Answering this question does not in any way constitute legal representation and any information you provide is not protected by attorney-client privilege.

501(c)3

Nj. Is it possible for an llc to be granted tax-exempt status if the mission of the company is educational?

There are really two questions here at least. Tax exempt status is typically granted on both a Federal and State level. Educational purposes is one of the quintessential 501(c)(3) missions. The other issue is whether a LLC can be tax exempt. It can be but there is far more law on corporate tax exempts. To discuss all the issues involved so you can make the best decisions, I urge you to schedule a full consultation with your LegalZoom provider law firm. Jeffrey Lippman's offices are located in Leesburg, Virginia. Mr. Lippman is licensed to practice law in the District of Columbia and the state of Maryland, and his comments may only apply to those jurisdictions. If your question applies to a different jurisdiction you should check with an attorney in that jurisdiction. The information is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Answering this question does not in any way constitute legal representation and any information you provide is not protected by attorney-client privilege.

I have to refill the 503c1 do you do this?

Both LegalZoom and many of the provider firms offer 501(c)(3) related services. It is unclear what you mean by re-file. I encourage you to schedule a consult with your provider law firm. Jeffrey Lippman's offices are located in Leesburg, Virginia. Mr. Lippman is licensed to practice law in the District of Columbia and the state of Maryland, and his comments may only apply to those jurisdictions. If your question applies to a different jurisdiction you should check with an attorney in that jurisdiction. The information is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Answering this question does not in any way constitute legal representation and any information you provide is not protected by attorney-client privilege.