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Monthly Archives

May 2021

Impact of Being Suspended by the FTB
May 24 2021
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Impact of Being Suspended by the Franchise Tax Board in California

Posted by Posted in Business Law
If you conduct a search for a specific business on the California Secretary of State’s website, you may discover a business labeled as “FTB Suspended.” If a business has been tagged with this label, it means the California Franchise Tax Board (FTB) has decided to suspend the business. If your business winds up getting suspended by the FTB, the ramifications can be severe. For example, when your business is suspended, you are unable to legally…
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Create an LLC with Hakim Law Group
May 10 2021
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Creating an LLC in California – Pertinent Info You Need to Know

Posted by Posted in Entity Formation & Structure
If you are looking to start a business in or around Los Angeles and want to establish a limited liability company (LLC), there are important issues and potential pitfalls you need to become aware of before making the proverbial leap and forming an LLC. What is a Limited Liability Company? An LLC is a type of business entity designed to shield business owners from personal liability from the ownership and operation of the business. When…
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