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CA Benefit Corporation?

Asked by: Rand Strauss - 3 October, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 Can you help me incorporate as a California b-corporation? (new category, this year)
Answered by: Robert Kowalski - 5 October, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/35.jpg-687fc92d5f6c5febcbdccb6895b08b8c Dear Rand,

We can certainly accomodate your needs to form a Benefit Corporation in California. You can use our regular California Corporation form, and simply specify in the Notes that "this would be a Benefit Corporation", and we will file it accordingly. There is no difference in state fees.

California have passed laws to create two new types of corporations - Benefit Corporation that you mentioned, and also Flexible Purpose Corporation. Those are similar to L3C, however California did not pass laws for this type of entity.

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