Steps to Register Your LLC in California:
- Choose a business name, registered agent, and file Articles of Organization and Initial Statement of Information with fees ranging from $90 to $120.
- Submit Articles of Organization and a Statement of Information.
- File a Statement of Information each year after forming the LLC.
California LLC Taxes:
- In addition to federal income taxes, California LLCs are subject to state and local income taxes, as well as sales tax.
- The Annual Franchise Tax of $800 per year must be paid to the California Franchise Tax Board.
Costs and Fees for California LLC Formation:
- Initial filing fee for forming an LLC in California is $70 (online) or $85 (mail).
- Annual Franchise Tax of $800 is required to maintain good standing with the state.
- Costs related to creating an operating agreement can range from $300 to $1,000.
- Filing creation and filing expenses vary from $500 to $900 annually.
Additional Information on Opening an LLC in California:
To open an LLC in California, follow these steps:
- File a certificate of formation with the California Secretary of State, which includes details about your LLC such as its business address and official name.
- Choose a business name, registered agent, and file Articles of Organization with fees ranging from $90 to $120.
- Consider the benefits of an LLC structure including pass-through taxation, liability protection, and flexibility in management structures.
Remember to comply with the annual maintenance requirements to keep your California LLC active.