Portion 1
The initially question you ought to response is, what is my enterprise name? The second problem is, which relates to the initial concern, what style of business entity will I be?
Let us choose the first dilemma.
A business enterprise title can be your individual identify or a fictitious organization name (FBN), also referred to as a DBA or Performing Enterprise As. The Contractors Condition License Board has distinct specifications when it comes to a contractor’s license small business identify.
If implementing for a sole proprietor, or sole proprietor license, you can use your private identify as the enterprise name. Of you can use an FBN. If you opt for to use an FBN, you can want to make positive it is readily available inside of your metropolis or county to register, and this registration is essential no issue what small business entity you go with.
As I discussed in a prior put up, a business enterprise identify that denotes any trade classification must denote the classification getting used for. If you are making use of for a plumbing license and your small business identify is ABC Solar, the CSLB will involve you to present a DBA that consists of the phrase “plumbing” in it. If your FBN is Apples to Apples, then the CSLB would not question you to improve it or add a DBA simply because Apples to Apples does not denote any trade classification.
Now the next problem.
Will you operate as a sole operator, partnership, company, or LLC? These entity varieties have their own unique requirements.
Sole Operator: Just you, or you and an RME qualifier
Partnership: You and one or extra other companions
Company: Just you, or you and a qualifier, and other officers. Be aware, officers outlined on the company file with the Secretary of Condition ought to also be stated on the license application.
LLC: Just you, or you and a qualifier, and other supervisors or users. Observe, an LLC license has an supplemental bonding necessity that ranges in selling price from $1250 to $5000 a yr. All LLC customers of professionals stated on the Sect. of State history have to also be mentioned on the license application.
Part 2
At the time you’ve got tackled the business title question you can shift on to Section 2 of the application. Below you can expect to verify the acceptable box for your company variety.
A partnership needs a partnership EIN that is obtained from the IRS. The selection will be in this structure: XX-XXXXXXX.
A company involves a Corp range that is obtained from the CA Sect. of Point out. The variety will be in this structure: CXXXXXXX.
An LLC calls for and LLC selection that is also obtained from the CA Sect. of State. The quantity will be in this structure: XXXXXXXXXXXX, and it begins with the year the LLC was formed.
Note: A partnership, company, or LLC should be fashioned prior to submitting your license software to the CSLB.
Portion 3
Here you will list the qualifier’s details. The qualifier is human being who has the knowledge and will be using the CSLB test(s). Notice: the qualifier can also be the sole proprietor, sole officer or sole LLC member, unless the qualifier holds no officer or supervisor/member positions. If the qualifier is not a sole owner, sole officer, or sole supervisor/member, then the sole owner, officers, or manager/members information will be stated in Area 4, web site 2 of the application.
Make sure you see my following write-up for how to finish Section 4, or web site 2 of the CSLB license software.
Remember to use my call form beneath if you have any concerns about the details presented above.