California Change of company name
Description
How to fill out Change Of Company Name?
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FAQ
California LLCs after Assembly Bill 85: California LLCs don't pay an $800 fee for their 1st year (if the LLC is formed after January 1st, 2021).
These rules generally apply to all corporations, wherever they're formed. Your Corporation Name Must Be Unique. ... Your Name Must Not Be Confusable with Another Business Name. ... Your Corporation Name Must Contain Certain Words. ... Your Corporation Name May Be Subject to Other General Restrictions.
Filing Articles of Amendment is the only way to notify the state of your desire to change the legal name of your business. They also demonstrate consent from essential members of your company, if director, shareholder, or officer ratification is required.
Finally, having an LLC means you are also required to pay ongoing fees. The California LLC fee schedule includes a California LLC annual fee, which is $800 annually, and is due within 3.5 months of forming your LLC and then every April 15th thereafter.
During the first year, corporations will not have to pay for the minimum franchise tax. However, they will have to pay for the applicable percentage of tax based on the net income.
If you want to amend your California articles of incorporation, you must file a Certificate of Amendment of Articles of Incorporation form with the California Secretary of State (SOS) by mail or in person. Checks should be payable to the Secretary of State.
The California Franchise Tax Board does not charge a first-year fee for new businesses formed in the last 15 days of the year. Therefore, a business formed at the end of December will only be responsible for one $800 payment in April.
Every LLC that is doing business or organized in California must pay an annual tax of $800. This yearly tax will be due, even if you are not conducting business, until you cancel your LLC. You have until the 15th day of the 4th month from the date you file with the SOS to pay your first-year annual tax.
