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Any person having an interest in relief from suspension or forfeiture. Domestic entities can also have a majority of the surviving trustees or directors sign on their behalf. FTB 3557 LLC REV 07-2013 355748071371. Print and Reset Form STATE OF CALIFORNIA FRANCHISE TAX BOARD PO BOX 942857 SACRAMENTO CA 95857-2021 Reset Form Notice Date Application for Certificate of Revivor Limited Liability Company Before the California Franchise Tax Board In the matter of the application for certificate of re ...

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How long does it take to revive a suspended LLC in California?

The time it takes for the state to revive your California LLC can vary, but is typically more than 8 weeks. The current processing time can be found on the Secretary of State's website. If you want to expedite the process, you can pay an additional fee to have your processing completed the same day or within 24 hours.

What happens if my LLC is suspended?

If your business is suspended Your business may be subject to a $2,000 penalty per tax year for failure to file missing tax returns within 60 days after receiving a written demand to do so. If your business cannot pay its taxes, we may make you personally responsible if you: Took assets out of your business.

How do I revive a suspended LLC?

If the LLC was suspended by the Secretary of State simply because it failed to file, or update, the Statement of Information, you may revive the LLC simply by sending a letter to the Secretary of State along with the delinquent Statement of Information and the payment of any filing fees ($20), penalties ($250), and ...

What is Form 3557 BC?

Reinstate with the California FTB: If you have been suspended or forfeited by the California Franchise Tax Board, you will need to pay all outstanding balances due, file any late tax returns, and file form FTB-3557 BC Application for Certificate of Revivor.

How do I remove a SOS suspension?

Reviving an Entity Through the Secretary of State Entities labeled as \u201cSOS Suspended\u201d are suspended by the California Secretary of State for failing to file a Statement of Information. These entities can be revived by paying a penalty, which is typically $250, and filing the missing Statement(s) of Information.

Can you walk away from a suspended LLC in California?

WALKING AWAY FROM YOUR CALIFORNIA CORPORATION They simply walk away. These shareholders will subsequently receive a bill from the Franchise Tax Board (FTB) for the minimum tax, plus penalties and interest. If certain conditions are met, the FTB may NOT hold you personally liable for any taxes due.

What does it mean when a company is SOS suspended?

A \u201cSOS/FTB Suspended\u201d designation essentially means that the business entity has been suspended by the California Secretary of State.

How do I reactivate my suspended company in California?

To revive your business and be in good standing, you must: File all past due tax returns. Pay all past due tax balances. File a revivor request form.... Home. help. business. my business is suspended.

What is a walk through Revivor?

walk-through revivor. application. Any stockholder, creditor, member, general partner, officer, or any. person that has interest in suspension or forfeiture relief can sign the application on the business entity's behalf.

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How long does it take to revive a suspended LLC in California?

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Can you walk away from a suspended LLC in California?

What does it mean when a company is SOS suspended?

How do I reactivate my suspended company in California?

What is a walk through Revivor?

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Get the up-to-date 3557 llc form 2013-2024 now

Here's how it works

How to modify 3557 llc form 2013 in PDF format online

See more 3557 llc form 2013 versions

Complete this form in 5 minutes or less

Got questions?

How long does it take to revive a suspended LLC in California?

What happens if my LLC is suspended?

How do I revive a suspended LLC?

What is Form 3557 BC?

How do I remove a SOS suspension?

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People also ask

Can you walk away from a suspended LLC in California?

What does it mean when a company is SOS suspended?

How do I reactivate my suspended company in California?

What is a walk through Revivor?

What is form 3557 BC?

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