Please provide at least one name for your company. You can provide up to three in order of preference. This saves time in the formation process if there are conflicts with using the first choice.

The name of a California LLC must be appended with the words "Limited Liability Company", "Ltd. Liability Co.", or the abbreviations "LLC" or "L.L.C."

The most commonly used designation is the company name followed by a comma and then LLC. (e.g. "YOUR COMPANY, LLC")

Being the agent does not in itself give the person any
ownership interest or management rights to the company.

Please do not enter a post office box address.

You can add as many as four LLC Managers in this section.
List all persons who have management rights, even if they are not owners.

An LLC Manager does not necessarilly have
a legal right to profits (Members do),
but Managers do have management powers.

If the Manager has a legal right to receive profits from the LLC they are also a Member (owner).

This number should INCLUDE the Managers
that have ownership rights.

Select this if there is one owner and the sole owner is the only person who will have any management rights.

Choose this if all owners will share management rights equally regardless of their profit share.

(Typical of a Husband & Wife LLC where both spouses control the company, or where 2 or more "partners" want to manage the company equally)

You can allocate the owner's management rights in different percentage amounts.
For example, one Member can control 50% of management and voting rights while a second Member controls 35% and a third Member controls 15%.

Members can split their management rights in percentages regardless of profit sharing and capital contributions.

For example, Tom and Rick want to share profits 50/50, but Tom is to exercise 75% of management and control over the LLC.

Tom's management rights should be specified as 75% and Rick's as 25% so we can prepare the Operating Agreement accordingly.

Select this if you want to distribute
LLC profits to owners in percentages

(e.g. 45% allocation to Member 1;
33% to Member 2; 22% to Member 3).

Enter the percentage of profits this Member has a legal right to receive.

This option is for distributing profits in proportion to the value of each member's initial and (or) continuing contribution to the LLC.

Example:
Member 1 makes a capital contribution of $6000,
Member 2 promises a contribution of $3000,
Member 3 contributes $3000.

The Operating Agreement apportions profits as follows:
50% attributed to Member 1; 25% to Member 2; 25% to Member 3.

We're looking for the fair market value of the Cash, Property and (or) Services of the Member's initial contribution to the LLC so we can calculate the member's share of profits.

For example, 2 members start an LLC.
Member 1 contributes $4000 and Member 2 contributes $8000.

The Operating Agreement will provide for profits to be distributed in proportion to each member's contribution:
one-third of the profits to the first member and two-thirds to the second.