When Are Out-of-State Entities Doing Business in California?

What if a corporation or a limited liability company (LLC) is formed in another state, like Delaware or Nevada, but does business in California? The out-of-state business entity (a “foreign” business entity) must register with the state, file tax returns, … Continue reading

Posted in Commercial Law, Corporate Law, Entity Law, Foreign LLC, Qualifying to Do Business | Tagged , , , , , , , , , , | Comments Off on When Are Out-of-State Entities Doing Business in California?

Ownership of Passive LLC Interest in Manager-Managed LLC Not “Doing Business” in California

The following is the text of an e-bulletin that I authored and that was published by the Corporations Committee of the Business Law Section of the State Bar of California. In Swart Enterprises, Inc. v. Franchise Tax Board  (Jan. 12, … Continue reading

Posted in Entity Law, Foreign LLC, Qualifying to Do Business | Tagged , , , , , | Comments Off on Ownership of Passive LLC Interest in Manager-Managed LLC Not “Doing Business” in California

Forming an Out-of-State Entity To Do Business in California

Sometimes the owner of a business in California believes that forming a business entity (such as a corporation or limited liability company) to do business in California is best done under Delaware law or Nevada law. While this may at … Continue reading

Posted in Entity Law | Tagged , , , , , , | Comments Off on Forming an Out-of-State Entity To Do Business in California