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Do you have to pay the $800 California Corp fee the first year?

Newly incorporated or qualified corporations are not required to pay the minimum franchise tax in their first taxable year.

What is Form 3502 used for?

Use form FTB 3502, Nonprofit Corporation Request for Pre-Dissolution Tax Abatement, to initiate the voluntary dissolution process.

How do I avoid $800 LLC fees in California?

If you cancel your LLC within one year of organizing, you can file Short form cancellation (SOS Form LLC-4/8) with the SOS. Your LLC will not be subject to the annual $800 tax for its first tax year.

Do you have to pay the $800 California Corp fee the first year?

Newly incorporated or qualified corporations are not required to pay the minimum franchise tax in their first taxable year.

How do I pay $800 corporate tax?

If you start to operate an LLC business in California, you need to pay the first $800 fee in the 4th month after the approval of your LLC. Youll also need to pay another $800 in annual tax due date on April 15th every year. To pay the tax, you must file Form 3522, the annual LLC Tax Voucher.

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