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California Temporarily Waives LLC Initial Filing Fees

  • October 30, 2022
  • devinlucas

Effective until June 30, 2023, California is waiving the traditional $70 filing fee to form a California Limited Liability Company, or “LLC.” The Processing Fee is now $0.00. The processing fee is waived for submissions submitted July 1, 2022 through June 30, 2023.

Note: – The annual minimum $800 tax to the California Franchise Tax Board remains due and is not subject to the processing fee waiver.

A $70 savings from the State of California to businesses is rare – or anything making it easier to do business in the State of California for that mater – so if you are forming an LLC in this timeframe, enjoy this modest business friendly benefit.

For more information on annual LLC taxes, go to https://www.ftb.ca.gov.

For more information on California LLCs, view our LLC blog article here.

For more information on how Lucas Real Estate can assist you to in determining if an LLC is right for you, form and/or manage a real estate LLC, view our LLC services page here.

– Devin Lucas

Author Devin R. Lucas is a Real Estate Attorney, Broker and REALTOR®, specializing in Newport Beach, Costa Mesa and Orange County coastal communities, serving individual and investors in residential real estate.

sources: 

  • https://www.ftb.ca.gov/file/business/types/limited-liability-company/index.html
  • https://www.sos.ca.gov/business-programs/business-entities/forms/limited-liability-companies-california-domestic

Contact Information:

Lucas Real Estate
Real Estate Law | Real Estate Transactions | REALTORS®
lucas-real-estate.com | devin@lucas-real-estate.com | BRE No. 01912302
949.478.1623 office | 888.667.6038 fax
2901 West Coast Highway Suite 200
Newport Beach | California | 92663-4023

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