California or Foreign LLC?

Written by Adam Peck Category: Business Law January 15th, 2013 1 min read

In certain situations, it may be advantageous for a business to operate in California as a foreign LLC rather than as a domestic LLC. Because the laws of a foreign LLC’s state more organization will govern its organization and internal affairs and the liability of members and managers, a foreign LLC may offer benefits not available to members of a California LLC says California business attorney Steven C. Peck.

Examples of advantages are operation with one member, or an alternative standard for piercing the veil of protection from liability afforded members, California business lawyer Steven Peck states.

However, the foreign LLC must still register in California and is subject to the gross income fee. Additionally, forming an LLC in another state to conduct business in California may create new problems, such as the loss of the federal intrastate securities exemption.

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Written by Adam Peck

Expertise: Personal Injury

Adam J. Peck, ESQ is a principal with Peck Law Group, APC. In 2008, Mr. Adam Peck received his Juris Doctorate from Whittier Law School where he graduated Cum Laude. His practice is primarily dedicated to representing Elders, Dependent Adults, along with their loved ones and family members, who have suffered horrific personal injuries.