ColeenD3
Expert Alumni

Business & farm

What exactly was the $800 for? What name did they give the fee? Was it actually a tax?

 

 

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.
    • Example: You form a new LLC and register with SOS on June 18, 2020. Your annual LLC tax will be due on September 15, 2020 (15th day of the 4th month)
  • Your subsequent annual tax payments will continue to be due on the 15th day of the 4th month of your taxable year.

Please see this LINK for more information.