Question
What is the cost of forming an LLC in California?
Answers
GPT-4o mini
As of my last update in October 2023, the cost of forming a Limited Liability Company (LLC) in California includes several components:
1. **Articles of Organization Filing Fee**: The primary cost is the filing fee for the Articles of Organization, which is $70.
2. **Statement of Information**: California requires LLCs to file an Initial Statement of Information (Form LLC-12) within 90 days of filing the Articles of Organization. The filing fee for this form is $20.
3. **Annual Franchise Tax**: After the LLC is formed, it is subject to an annual minimum franchise tax of $800, which must be paid each year.
4. **Additional Fees**: Depending on your situation, there may be additional costs for permits, licenses, or specialized services (such as registered agent services).
5. **Optional Costs**: If you choose to use a legal service or an attorney to assist with the formation, those fees will vary based on the provider.
It’s important to check the California Secretary of State’s website for the most current fees and requirements, as they can change over time.
1. **Articles of Organization Filing Fee**: The primary cost is the filing fee for the Articles of Organization, which is $70.
2. **Statement of Information**: California requires LLCs to file an Initial Statement of Information (Form LLC-12) within 90 days of filing the Articles of Organization. The filing fee for this form is $20.
3. **Annual Franchise Tax**: After the LLC is formed, it is subject to an annual minimum franchise tax of $800, which must be paid each year.
4. **Additional Fees**: Depending on your situation, there may be additional costs for permits, licenses, or specialized services (such as registered agent services).
5. **Optional Costs**: If you choose to use a legal service or an attorney to assist with the formation, those fees will vary based on the provider.
It’s important to check the California Secretary of State’s website for the most current fees and requirements, as they can change over time.