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by LeBlanc
4327 days ago
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It depends. The California Corporation Code states that merely residing in the state does not mean you are required to register as a foreign (out of state) LLC and pay the $800. If your LLC is registered elsewhere, and your business is 100% internet only and doesn't have any employees, property, etc in the state, then you are probably fine. Obviously talking to a real lawyer about your specific case is a good idea. Keep in mind though that you WILL still have to pay California income tax on whatever your share of the LLC's profits is. See 17708.03 10.c here: http://www.leginfo.ca.gov/cgi-bin/displaycode?section=corp&g... |
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