S Corporations in California are subject to the $800 minimum franchise tax like any other corporation and a 1.5% tax on its income. You will file...

Would it be ok to show my product to a product developer that may have a conflict of interest?

I agree with what fellow attorneys have said, and I would add that startups need proprietary assets to be viable for long-term investment. Even...

There are several different types of corporations. If the wrong type was initially chosen, a good corporate attorney can possibly merge the...

In California, under form LLC-2, a name change does not change the entity and would not necessitate updating current contracts with other parties. ...

If my siblings are trying to make me and my father sign documents that I believe will remove my father as manager of LLC.

In California, under section 5 of the Articles of Organization, one can determine how an LLC is to be managed as well looking to the written...

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Should I use a legal site or Hire a lawyer to start a business?

It is advisable to hire an attorney to setup a corporation, protect intellectual property, as well as advise on employment and other operational...

Can I void a contract?

Generally, one cannot void a contract for late payment unless there are specified terms in the agreement which would would provide this as a...

An investment to the owner of an LLC can be introduced as evidence, as well as possibly the testimony of the spouse of the deceased investor...

In California, members of an LLC have the right to participate in management of the LLC. It would be wise to review the Articles of Incorporation...

I have a copy of a document to close my LLC that my father wants me to sign. I just own 1% so do not need to sign to close LLC.

In California, when an LLC is dissolved, one fills out a Form LLC-4/7. Form LLC-3 is not required when a vote to dissolve is made by all the...