Content Introduction
This video provides a detailed guide on how to register a foreign LLC in California. It covers the necessary steps, including filling out a foreign domestic filing form with a $70 fee, navigating the California Secretary of State website, and submitting the required information. The presenter explains the importance of having a certificate of good standing from the original state of registration, employing a registered agent, and highlights the yearly franchise tax obligations. The video emphasizes practical aspects such as online filing, payment methods, and maintaining compliance with California regulations. Viewers are encouraged to reach out for further assistance and are provided with resources to streamline the process. Final tips on additional requirements and best practices for running a business in California are also included.Key Information
- If you have an LLC registered in another state and want to register in California, you need to fill out a foreign domestic filing form.
- The filing costs $70 and the process involves various steps starting from the Secretary of State website.
- You will need to create an account on the state website if you do not already have one.
- When registering, make sure to provide accurate information such as the name of your LLC, the state it was registered in, and the address of the principal place of business.
- After completing the form, you will need to upload a certificate of good standing from the state where your LLC was originally filed.
- Filing and maintaining an LLC in California requires an annual fee of $800 or 1% of your sales, whichever is less, with the first year being waived only for new LLCs.
- Every two years, you are required to submit a statement of information to the California Secretary of State for $20.
- It's advisable to keep proper records and possibly have a registered agent for official correspondence.
- The process can be done through third-party services like Zen Business for convenience.
Timeline Analysis
Content Keywords
LLC Registration in California
The video explains the process of registering a foreign LLC in California, including filling out a foreign domestic filing form, which has a fee of $70. It provides step-by-step instructions on navigating the Secretary of State's website and submitting necessary documentation.
Secretary of State Website
Viewers are directed to the California Secretary of State website (sos.ca.gov) to start the registration process. The video highlights how to locate the necessary forms for business registration.
Certificate of Good Standing
The video outlines the importance of obtaining a certificate of good standing from the original state where the LLC was formed, which is required for registration in California.
Franchise Tax Board
The video discusses the obligations to pay the California Franchise Tax Board $800 annually, or 1% of sales, whichever is less, detailing the penalties for non-compliance.
Foreign Domestic Filing
Viewers are informed about the necessity of filing a foreign domestic filing to conduct business in California and how it allows operating as a California LLC in conjunction with the original state.
Online Filing Process
The video illustrates how to complete the filing process online and the importance of keeping a record of all submissions and receipts for future reference.
Business Owner Resources
The presenter encourages engagement with their accelerator program for broader business resources and support tailored for owners seeking to sell products.
Related questions&answers
What do I need to do if I have an LLC registered in another state and need to register it in California?
What is the cost of filing a foreign domestic filing in California?
Where can I find the form to register my LLC in California?
What are the steps to register my LLC in California?
What if my LLC name is already taken in California?
Do I need a license to operate my business in California?
What is a certificate of good standing and why do I need it?
How much is the annual franchise tax in California for LLCs?
How often do I need to submit a statement of information for my LLC?
What if I want to file a new LLC?
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