Form 3716-2025

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The document outlines the process for a Domestic Limited Liability Company (LLC) to request voluntary administrative cancellation with the California Franchise Tax Board. It specifies eligibility criteria, required documentation, and qualification questions that must be answered. The document also details the consequences of failing to disclose assets or continuing business after cancellation, along with mailing instructions and contact information for further assistance.

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Can you reinstate a voluntarily dissolved LLC in California?

Partnerships file Partnership Return of Income (Form 565) Each partners income is reported on their individual (Schedule K-1 Form 565) Each partner is responsible for paying taxes on their respective tax return.

Can I reinstate a dissolved LLC in California?

Your business must be in good standing with the Secretary of State (SOS) to revive your business entity. To revive your business, you must file one of the following forms: Application for Certificate of Revivor Corporation (FTB 3557 BC) Application for Certificate of Revivor Limited Liability Company (FTB 3557 LLC)

Can I file form llc 4 7 online?

How do I reinstate my business? To reopen your California LLC, you will need to apply through the agency that dissolved your LLC. In California, the relevant agencies are the California Secretary of State (SOS) or the California Franchise Tax Board (FTB).

What happens after I dissolve my LLC?

Once the LLC is dissolved, the members (or managers, if the LLC is manager-managed) must begin winding up its affairs. The LLC statutes broadly describe what has to be done. There are three main tasks: Discharging the LLCs debts, obligations, and other liabilities.

Is it better to reinstate LLC or start a new one?

Generally, it is better to reinstate your current LLC than to start over. One of the purposes of having an LLC is the limited liability. If you start over, you lose the limited liability for the period of time from the dissolution to when you initate the new LLC.

How much does it cost to reinstate an LLC in California?

LLC The reinstatement of a California LLC with the SOS comes with a $20 filing fee. If you file in person, you will have to pay an additional $15 for the handling fee. For 24-hour expedited processing, you have to pay another $350. For same-day processing, you will have to add $750.

Form 3716-2025

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