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Yes, it IS expensive to have an LLC in California. California requires that any person doing business in or from the state pay the $800 annual business tax regardless of where the LLC is registered. Doing business can be as simple as making phone calls for the business.
LLC stands for limited liability company. An LLC is a type of US business structure that is used to create a legal shield between a business and its owner(s). When a business owner runs a business without an LLC (or corporation), the business owner's personal property is exposed to the business's creditors and any lawsuits brought against the business. So, business owners form LLCs to protect their personal assets (like their homes, cars, and savings). Thanks for the question!
😂 this is cap. Might be the way to file for one but doesn't mean they will give you one. Dont fall for it people, another company that just wants your money.
