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Matthew Cain
  • Investor
  • San Diego, CA
2
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8
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Annual $800 California FTB fee for LLC's

Matthew Cain
  • Investor
  • San Diego, CA
Posted

California FTB charges residents $800 per LLC even if they are incorporated out of state. I've heard Delaware statutory trusts is one way to get around that fee. Any other options that investors have used? I can't imagine California investors paying $800 per llc annually. Any advice would be greatly appreciated.

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590
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Katie L.
  • Attorney and CPA
  • San Diego, CA
422
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590
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Katie L.
  • Attorney and CPA
  • San Diego, CA
Replied

@Matthew Cain  The price we pay for this nice weather...

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