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Part 1
The primary query you will need to reply is, what’s my enterprise identify? The second query is, which relates to the first query, what kind of enterprise entity will I be?
Let’s take the first query.
A enterprise identify may be your private identify or a fictitious enterprise identify (FBN), additionally referred to as a DBA or Doing Enterprise As. The Contractors State License Board has particular necessities when it comes to a contractor’s license enterprise identify.
If making use of for a sole proprietor, or sole proprietor license, you need to use your private identify as the enterprise identify. Of you need to use an FBN. When you select to use an FBN, you will need to make sure that it’s out there inside your metropolis or county to register, and this registration is required it doesn’t matter what enterprise entity you go together with.
As I mentioned in a earlier publish, a enterprise identify that denotes any commerce classification should denote the classification being utilized for. In case you are making use of for a plumbing license and your enterprise identify is ABC Photo voltaic, the CSLB would require you to present a DBA that features the phrase (*1*) in it. In case your FBN is Apples to Apples, then the CSLB will not ask you to change 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. Observe, 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. Observe, 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 possibly can transfer on to Part 2 of the app. Right here you will test the acceptable field for your enterprise kind.
A partnership requires a partnership EIN that’s obtained from the IRS. The quantity will probably be on this format: XX-XXXXXXX.
A company requires a Corp quantity that’s obtained from the CA Sect. of State. The quantity will probably be on this format: CXXXXXXX.
An LLC requires and LLC quantity that can also be obtained from the CA Sect. of State. The quantity will probably be on this format: XXXXXXXXXXXX, and it begins with the yr the LLC was shaped.
Observe: A partnership, company, or LLC should be shaped prior to submitting your license utility to the CSLB.
Part 3
Right here you’ll record the qualifier’s info. The qualifier is one who has the expertise and will probably be taking the CSLB examination(s). Observe: the qualifier may also be the sole proprietor, sole officer or sole LLC member, until the qualifier holds no officer or supervisor/member positions. If the qualifier is just not a sole proprietor, sole officer, or sole supervisor/member, then the sole proprietor, officers, or supervisor/members info will probably be listed in Part 4, web page 2 of the utility.
Please see my subsequent publish for the way to full Part 4, or web page 2 of the CSLB license utility.
Please use my contact type beneath when you’ve got any questions on the info supplied above.
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