Types of LLC
Types of LLCs in California
When you’re starting a business in California you have to make choices, and one of those choices is the type of limited liability company you want to start. While you may only be familiar with one or two types of LLCs, it's our job to inform you that there are many more than one.
You have your single-member LLCs that are simple and consist of one single person, or member. Then, you have complex entities, like the series LLC, which is an umbrella for a bunch of different LLCs. What's more, there are foreign LLCs, anonymous LLCs, and many more.
California doesn't allow all types of LLCs. So, it's important to know what types of LLCs are allowed in California before you start your business. You may be able to move a foreign LLC to California if you want to get around some of the limitations if you’re set on a specific type of LLC. Unfortunately, this all gets murky, so we’re here to set things straight.
Whether you’re shocked to hear about multiple types of LLCs, or you're researching each type for your next venture, you’re in the right place. Read on to learn more about the types of LLCs in California.