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Part 1
The primary query you could reply is, what’s my enterprise identify? The second query is, which pertains to the primary query, what kind of enterprise entity will I be?
Let’s take the primary query.
A enterprise identify may be your private identify or a fictitious enterprise identify (FBN), additionally known as a DBA or Doing Enterprise As. The Contractors State License Board has particular necessities on the subject of a contractor’s license enterprise identify.
If making use of for a sole proprietor, or sole proprietor license, you should use your private identify because the enterprise identify. Of you should use an FBN. For those who select to make use of an FBN, you may need to be certain it’s accessible inside your metropolis or county to register, and this registration is required it doesn’t matter what enterprise entity you go along with.
As I mentioned in a earlier submit, a enterprise identify that denotes any commerce classification should denote the classification being utilized for. If you’re making use of for a plumbing license and your online business identify is ABC Photo voltaic, the CSLB would require you to supply a DBA that features the phrase “plumbing” in it. In case your FBN is Apples to Apples, then the CSLB will not ask you to vary it or add a DBA as a result of Apples to Apples doesn’t denote any commerce classification.
Now the second query.
Will you use as a sole proprietor, partnership, company, or LLC? These entity sorts have their very own particular necessities.
Sole Proprietor: Simply you, otherwise you and an RME qualifier
Partnership: You and a number of different companions
Company: Simply you, otherwise you and a qualifier, and different officers. Notice, officers listed on the company document with the Secretary of State should even be listed on the license utility.
LLC: Simply you, otherwise you and a qualifier, and different managers or members. Notice, an LLC license has a further bonding requirement that ranges in worth from $1250 to $5000 a yr. All LLC members of managers listed on the Sect. of State document should even be listed on the license utility.
Part 2
As soon as you’ve got tackled the enterprise identify query you’ll be able to transfer on to Part 2 of the app. Right here you may verify the suitable field for your online business kind.
A partnership requires a partnership EIN that’s obtained from the IRS. The quantity shall be on this format: XX-XXXXXXX.
An organization requires a Corp quantity that’s obtained from the CA Sect. of State. The quantity shall be on this format: CXXXXXXX.
An LLC requires and LLC quantity that can also be obtained from the CA Sect. of State. The quantity shall be on this format: XXXXXXXXXXXX, and it begins with the yr the LLC was fashioned.
Notice: A partnership, company, or LLC have to be fashioned previous to submitting your license utility to the CSLB.
Part 3
Right here you’ll listing the qualifier’s data. The qualifier is one that has the expertise and shall be taking the CSLB examination(s). Notice: the qualifier can be the only real proprietor, sole officer or sole LLC member, until the qualifier holds no officer or supervisor/member positions. If the qualifier will not be a sole proprietor, sole officer, or sole supervisor/member, then the only real proprietor, officers, or supervisor/members data shall be listed in Part 4, web page 2 of the applying.
Please see my subsequent submit for how you can full Part 4, or web page 2 of the CSLB license utility.
Please use my contact type beneath in case you have any questions concerning the data offered above.
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Source by Phillip Cocciante
