3 ms·
I live in Los Angeles and when I started my business I formed a CA LLC right away. I don't have any employees in the US, just remote workers in the Philippines
by byoung2 16y ago
I live in Los Angeles and when I started my business I formed a CA LLC right away. I don't have any employees in the US, just remote workers in the Philippines. I don't plan on taking any investment, so an LLC is fine. In CA there is a minimum $800 annual tax, so take that into consideration. Forming an LLC made sense for me because it protects my personal assets in the case my company is sued.
I'd suggest talking to a lawyer to get some advice...