Convert newly formed LLC to S-Corp in California...LLC has done no business but has opened bank account and CC

Attorney answers (2)

1. Licensed in CA

   

   Sarah Rose Wolk

   Glendale Business Attorney

   Contributor Level 9

   1

   Lawyer agrees

   Answered May 16, 2011 23:44. 1) EINs are non-transferable so you will need a new one.
   
   2) You will have payments to the Franchise Tax Board for both entities.

   The above answer is not "legal advice" as specified under any pertinent rules governing the Professional... moreThe above answer is not "legal advice" as specified under any pertinent rules governing the Professional Responsibilities of Lawyers and should not be relied upon. An attorney-client relationship has not been established by virtue of this correspondence. Legal issues are often complex and involve local laws and facts which may not be effectively communicated without a complete consultation. less

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2. Licensed in CA

   

   Shawn Jackson

   Cotati Business Attorney

   Contributor Level 15

   Answered May 19, 2011 06:20. I may suggest that you request, via email, the FREE MEMORANDUM on the advantages and disadvantages of legal entities...and also perhaps the memorandum of corporate compliance and properly maintaining your corporation.
   
   By Grace...
   Shawn Jackson ESQ. (707) 584-4529
   Business Development Attorney EMAIL: Attorneys@CaliforniaBusinessDevelopment.com
   www.CaliforniaBusinessDevelopmentAttorneys.com
   www.CaliforniaBusinessDevelopmentCenter.com
   www.CaliforniaBusinessDevelopmentPlans.com
   
   No communication resulting herein shall create an attorney-client relationship unless a separate retainer agreement is signed by attorney and client. The information provided is not legal advice nor is it conveyed in the course of an attorney-client relationship, but is intended merely as a general overview with regard to the subject matter covered. You should not act upon this information without seeking professional counsel such as any attorney in this office in a subsequent email communication (agreement) and the formation of an attorney client relationship.

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