Need a book? Engineering books recommendations...

Return to index: [Subject] [Thread] [Date] [Author]

Re: LLC in California

[Subject Prev][Subject Next][Thread Prev][Thread Next]
My understanding is that accountants, architects, and lawyers can form
LLC, engineers can't (in California).   I understand SEAONC is lobbying
Sacramento to allow engineers to form LLC.


>>> Amehrabi(--nospam--at) 1/8/2005 1:32:40 PM >>>

Thanks for the messages.  In California LLC stands for "Limited
Company" not corporation.  My understanding is that in CA, the term 
"professional" is somewhat different from what we commonly used. 
Engineers do not fall 
under the category of "Professionals" but architects and lawyers do. 
Why?  Ask 
the lawmakers and lobbyists.  So I think engineers may be able to form

LLC formation started in CA in 1994, so it is fairly new.  LLC seems to
two basic advantages over other forms of companies.  First, it gives
you a 
limited liability protection; that is very important in Los Angeles
area where 
people get sued over basically anything.  Secondly, LLC gives you the
of a tax-through without worrying about too much paper work.  However,

regardless of your LLC income, profit, etc., you have to pay an annual
fee of $800.  
Some say that LLC is not advantageous if your company starts to grow
and you 
have to start hiring too many employees.  However, I don't know the
for that.

The LLC topic is still open for discussion on this listserv.


Ali Mehrabian, Ph.D., M.ASCE
West Coast Research Institute
1233 Amherst Ave., Suite 105
Los Angeles, CA 90025
Phone: (310) 612-6661     (under construction)

******* ****** ******* ******** ******* ******* ******* ***
*   Read list FAQ at:
*   This email was sent to you via Structural Engineers 
*   Association of Southern California (SEAOSC) server. To 
*   subscribe (no fee) or UnSubscribe, please go to:
*   Questions to seaint-ad(--nospam--at) Remember, any email you 
*   send to the list is public domain and may be re-posted 
*   without your permission. Make sure you visit our web 
*   site at: 
******* ****** ****** ****** ******* ****** ****** ********