California is a state located in the west of North America, on the Pacific coast. It is the third largest state in the United States (after Alaska and Texas). California's landscape is rich and varied. Mountains, hills, canyons and sky-high peaks rising 4,600 meters above sea level, the Sierra Nevada Mountains surround the Central Valley of California, separating it from the hot desert winds.
The East Coast is the part of the United States where "big business" began, where the American "establishment" was born. The East has long dictated its will to the country, guiding its political and economic life. However, today California, the most populous state in America, often supplies more members of Congress than any other. This process is called the "Californization of America".
American companies Limited Liability Company (LLC) is neither a partnership nor a corporation. This is a separate type of business company that is an alternative to partnerships and corporations, combining the advantages of corporate limited liability with the tax advantages of a partnership. U.S. LLCs whose members are non-residents and whose business activities are outside the United States are exempt from taxation by the U.S. Internal Revenue Service. U.S. LLCs are a good choice for managing international business activities.
Company Status: Limited Liability Company (LLC)
Taxation: U.S. LLCs that do not conduct business in the states of incorporation and with non-residents as owners of the company are not subjects of taxation and are exempt from the obligation to declare income.
Owners/Members: Usually one
Directors: Usually one
Requirements for the registered office: Mandatory in the state of incorporation - the office of a professional registered agent.
Name restrictions: Identical or similar company names to existing ones in the state of incorporation are not allowed. Banking, trust, and insurance terms are not allowed in the company name in all 50 states, as LLCs in most states cannot be used for banking and insurance purposes.
Annual Financial Statements: There is no requirement for financial statements.
Annual Statement Fee: $300.
