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How to Hold and Document a California Corporation's Shareholder Form

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How to Hold and Document a California Corporation's Shareholder Form

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hey this is attorney Elizabeth potts-weinstein and today we're going to talk about how to form a professional Corporation in California so if you're someone who is a licensed professional of some kind in California you may not be able to form an LLC a limited liability company now in other states you can so this is something that is very very very state by state in some states you can file just a regular LLC in some states you can file a professional LLC we don't have that in California in California you can be a sole proprietor you can be a partner just general partnership if you use multiple people who are operating business together as a licensed professional or you can form a professional Corporation that's your only other choice now just to let you know your professional Corporation can be taxed as an S corp or a C Corp so you do have some tax options there the option is for you to form its professional Corporation if you don't want to be a

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