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Also Florida requires and annual filing and associated fee of $200 I believe.
by bubbleRefuge 9y ago
Also Florida requires and annual filing and associated fee of $200 I believe.
- thaumasiotes 9y ago$130 up front and $200 a year beats the heck out of $70 up front and $800 a year.
- gamblor956 9y agoIf you do business in California with a FL-registered LLC, all that you have accomplished is that you now pay $130 to Florida once to register plus $200/year, then another $20+ to CA to register as a foreign LLC plus $800/year.
- twoodfin 9y agoWhat does “do business in California” mean? If my LLC opens up a shop on Etsy and I ship to California customers am I supposed to register as a foreign LLC and pay $800/year? If so, that’s nuts and we need some beefier Commerce Clause jurisprudence.
- skinnymuch 9y agoNo of course not. They mostly mean you literally are doing business in CA. Usually for small businesses it’s because you are living there.
- mark212 9y agoThis right here. Office in California, business assets in California, etc will trigger the tax on profits generated from those assets. Shipping goods to California doesn’t.
- jjeaff 9y agoYou can actually skirt them a bit as well even with employees or offices in CA, as long as they fall under certain defined thresholds.