Hey that’s a common question we get from new California LLCs at LawTrades. In short, yes is the answer. Here is language straight from the:
- All LLCs (not classified as a corporation) that are doing business in California, or file an article of organization or certificate of registration with the Secretary of State must file , Limited Liability Company Return of Income, pay the annual minimum franchise tax of $800, and LLC fee (if applicable).
- LLCs that have to file in California to report California source income but are not subject to the minimum franchise tax of $800 and the LLC fee (see above rules), must file , Partnership Return of Income, instead of Form 568, Limited Liability Company Return of Income.
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