How to register a company in California?

Key steps to follow in the registration of a company in California are as follows:

1. Decide on Business Entity Type: The first thing to be selected is the type of business entity that best fits one's needs, which could take the shape of a corporation, LLC, partnership, or sole proprietorship. Each has different liabilities, implications on taxes, and needs as far as management is concerned.
2. Choose a Business Name: Choose a unique business name. It should be within the naming requirements of California. You can check the availability of the name through the website of the California Secretary of State. For LLCs and corporations, the naming must end with "LLC" and "Inc.," respectively.
3. File Articles of Organization or Incorporation: As an LLC, the organization must file Articles of Organization with the California Secretary of State; in the case of a corporation, it will have to submit Articles of Incorporation. Filings are accepted by mail or online. A filing fee is applied; currently, it is $70 for LLCs and $100 for corporations.
4. Appoint a Registered Agent: Every business in California is obligated to have a registered agent, which is an individual or service designated to accept the service of process and any other legal documents that may be addressed to the company. The address shall be a physical address in California.
5. Obtain an Employer Identification Number: Applying for the number provided by the IRS. The EIN is to be used for tax reporting purposes, hiring of employees, and also opening a bank account on behalf of the business. This application process is available online, free of charge, on the official website of the IRS.
6. Filing Statement of Information: A California Corporation and LLC must file an initial Statement of Information with the Secretary of State within 90 days of its registration. The statement comprises basic information about the company, such as the address of the business, officers, and members.
7. Fulfill Tax Obligations: Register for state and local taxes through the California Department of Tax and Fee Administration. If your business includes selling items that will accrue sales tax or if it will have employees, then you have to obtain certain permits or accounts to stay in good standing with the state.
8. Required Permits and Licenses: Other permits or licenses may be required by any particular locality, based on the industry and place of operation. Consult with local government requirements to maintain compliance.

These steps would enable one to set up his or her business in California within the ambit of the law.