California LLC Annual Tax and Fee Requirements

California LLC tax requirements and fees: Annual LLC Tax: Minimum Tax: $800 annual tax regardless of income or activity. Due Date: 15th day of 4th month after tax year (April 15 for calendar year). First Year: $800 tax due even if LLC formed late in year. LLC Fee Based on Gross Receipts: $0 - $249,999: No additional fee. $250,000 - $499,999: $900 fee. $500,000 - $999,999: $2,500 fee. $1,000,000 - $4,999,999: $6,000 fee. $5,000,000+: $11,790 fee. Form 568: Annual LLC return required even if no income. Due same date as tax payment (April 15). Late Penalties: Late Filing: $60 per month (minimum $300). Late Payment: 5% per month on unpaid tax. Suspension: FTB can suspend LLC for non-payment, losing liability protection. Key Considerations: Multi-Member LLCs: File Form 565 (partnership return) plus Form 568. Single-Member LLCs: May need both forms depending on election. Economic Nexus: Out-of-state LLCs may owe tax if exceeding California sales thresholds. Planning Strategies: Consider dissolution if LLC not profitable. Monitor gross receipts to anticipate fee increases. File and pay on time to avoid substantial penalties.