5 ms·
Lawyer here. Not yours. But consider Delaware or really any state. You do not need to form it in CA just because that’s where you are. Just get a registered age
by unstatusthequo 6y ago
Lawyer here. Not yours. But consider Delaware or really any state. You do not need to form it in CA just because that’s where you are. Just get a registered agent and pick a state that doesn’t have oppressive LLC fees...
- moeamaya 6y agoWe've gone over this with our lawyers many times, but if you do the majority of your business operations in CA and have an LLC in any state you'll be subject to $800/year minimum franchise tax in CA still. https://www.lobbplewe.com/blog/2019/09/rules-for-out-of-state-llcs-doing-business-in-california.shtml https://www.lobbplewe.com/blog/2019/09/rules-for-out-of-stat...
- philsnow 6y agoCA levies a (not insignificant) fee even for Delaware LLCs that operate in California.
- bradgessler 6y agoYes, $800. Same cost as forming the LLC.
- M5x7wI3CmbEem10 6y agoWhat should we check to see which state is the best to form an LLC in? I want to double-check whether it’s viable to form one in my state before considering Delaware. Why an LLC instead of an S-corp?