It's worth pointing out that California imposes a MINIMUM tax of $800/yr on LLCs... | Hacker News

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ryandrake on June 28, 2016 | parent | context | favorite | on: Startup incorporation checklist

It's worth pointing out that California imposes a MINIMUM tax of $800/yr on LLCs (even if you have zero revenue). This disincentives you from going and forming an LLC "just because".

_RPM on June 28, 2016 [–]

This would for a corporation in Delaware.

ryandrake on June 28, 2016 | [–]

The sub-title is: "How to bootstrap a Delaware C-corp (or S-corp) with employee(s) in California"

If you have a 'nexus' in California, you are subject to that tax. Ask me how I came to find that out :)

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