United States of America (Nevada, Wyoming, Delaware)

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United States of America (Nevada, Wyoming, Delaware)

California

 The main advantages of registration a company in California are: the high level of legislative defense, anonymity, the ability of quick building of your capital and others.

 

  1. Legislation:  the company's activity is regulated  by the Law “California Corporation Code”
  2. The form of the company: Corporations, Partnerships, Limited Liability Companies (LLC). The most popular form of company's registration is LLC, that includes ta[ flexibility of the partnership and limited liability of the corporation.
  3. 3.      Registration of the company.

The main characteristics of LLC registration:

The name of the company: The name of the company must include either words “limited liability company” or the abbreviation of these words “LLC” or “L.L.C.” Words “limited” and “company” may be abbreviated to “Ltd” and “Co”. The name must not include words “bank”, “trust”, “trustee”, “incorporated”, “inc.”, “corporation” or “corp.”

Director's information: minimum quantity – one. Natural persons, partnerships, limited partnerships, trusts, associations, corporations or other business entities.

Residence requirements: not stated.

Member's information: minimum quantity – one.

Resident agent: LLC in California must have a resident agent in California – natural person or legal entity, that is obliged to receive state correspondence and to control the legality of company's activity.

Minimum size of share capital: 1 $.

Taxation: California sets up the requirement to pay annual franchise of 800$ and the annual tax during the first calendar year. If the company has employees, it must receive EIN (Employer Identification Number) and to pay all the payments, connected with it.

Accounting: The state requires filling of Statement of Information during 90 days from the moment of registration. Moreover, Statement of Information have to be filled once in two years in the end of the calendar year, in which the corporate documents were filled.