California LLC Annual Fee
All LLCs operating in California are liable to the $800 annual fee. Payment is expected by the fifteenth day of the fourth month after your LLC’s fiscal year finishes. The deadline moves to the next working day if it falls on a weekend or holiday. Your LLC’s annual tax liabilities are not related to the $800 fee. Earnings from your LLC will calculate personal tax. You may use the official fee calculator on the California FTB site to get the exact $800 cost.
Form Submission and Filing
Download the form and mail it with the fee to the Secretary of State Statement of Information Unit. The filing fee is $20 yearly when you submit your Statement of Information within 90 days after state approval of your LLC.
Waiver for LLCs Formed in California
People forming a limited liability company or partnership in California from 2021 through 2023 won’t pay the annual $800 minimum business tax the first year. The waiver applies only to those formed during that period.
LLCs file the Limited Liability Company Return of Income form to pay franchise tax. The $800 is paid for all years the LLC operates, even if open just part of the year. LLCs can make immediate or scheduled payments up to a year in advance using Web Pay for Businesses.
The IRS treats single-member LLCs as sole proprietorships for tax purposes. So the LLC itself does not pay taxes or file a return with the IRS.