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The document outlines the cancellation filing requirements for Limited Liability Companies (LLCs) in California. It specifies the necessary forms to be filed, including the Certificate of Dissolution (Form LLC-3) and Certificate of Cancellation (Form LLC-4/7), as well as conditions under which a Short Form Certificate of Cancellation (Form LLC-4/8) can be used. The document also provides instructions for filing, including fees, legal considerations, and the importance of checking the LLC's status with the Secretary of State.

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Can I file LLC 4 7 online?

For fastest service, file online at bizfileOnline.sos.ca.gov. Complete and include this form with your paper submission.

Can a LLC have 4 owners?

A limited liability company (LLC) is a business entity type that can have more than one owner. These owners are referred to as members and can include individuals, corporations, other LLCs, and foreign entities. Most states do not restrict LLC ownership, and there is generally no maximum number of members.

What is the difference between LLC 3 and LLC 4 7?

Once the decision to dissolve has been made and documented, the LLC must file a Certificate of Dissolution (Form LLC-3) and Certificate of Cancellation (Form LLC-4/7) with the California Secretary of State. However, if all the members vote to dissolve, only a Certificate of Cancellation is required.

What type of LLC is best?

A single-member LLC is automatically classified as a disregarded entity for tax purposes unless it elects to be taxed as a corporation. LLCs can also be taxed as a corporation. Single-member is the most popular filing type and is the most affordable LLC formation. There is also significantly less paperwork required.

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

Although some people confuse dissolution and termination, dissolution does not terminate an LLCs existence. What it does is change the purpose of its existence. Instead of conducting whatever business it conducted before, a dissolved LLC exists solely for the purpose of winding up and liquidating.

certificate of cancellation form llc 4 7

Sample form llc 4 7 california secretary of state state of california sos ca California Secretary of State Business Search llc-4/7 instructions can i file form llc-4/7 online California Secretary of State forms Form LLC-4/7 Certificate of Cancellation LLC California Secretary of State form llc-3

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What is form LLC 3?

Certificate of Dissolution. of a Limited Liability Company (LLC) To dissolve a California LLC, you can fill out this form, and submit for filing. There is no filing fee, however, a separate, non-refundable $15 service fee must be included, if you drop off the completed form.

What is the $800 fee for LLC in California?

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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What is form LLC 3?

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