California gp 2025

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Gavin Newsom is the Governor of California. He previously served as Lieutenant Governor of California and Mayor of San Francisco. He was sworn into office on January 7, 2019.
General Partnership (GP) To register a GP at the state level, a Statement of Partnership Authority (Form GP1) must be filed with the California Secretary of States office. Note: Registering a GP at the state level is optional.
For tax years beginning on or after January 1, 2021, and before January 1, 2024, LLCs that organize, register, or file with the Secretary of State to do business in California are not subject to the annual tax of $800 for their first tax year.
The economy of the State of California is the largest in the United States, with a $4.080 trillion gross state product (GSP) as of 2024. It is the largest sub-national economy in the world. If California were a nation, it would rank as the fourth largest economy in the world, behind Germany and ahead of Japan.
Every LLC that is doing business or organized in California must pay an annual tax of $800. This yearly tax will be due, even if you are not conducting business, until you cancel your LLC. You have until the 15th day of the 4th month from the date you file with the SOS to pay your first-year annual tax.
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California Annual Report Information. Businesses and nonprofits are required to file annual reports to stay in good standing with the secretary of state.

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