Reinstating a California LLC requires filing a Statement of Information (Form LLC-12) with the California Secretary of State. Reinstatement with the Franchise Tax Board (FTB) may also be necessary by filing LLC Application for Certificate of Revivor (Form FTB-3557).

What happens to an inactive LLC?

If a company does not remain in good standing while it is inactive, the state may dissolve it and impose penalties. If not dissolved, the company will continue to incur penalties for outstanding taxes. Owners may become personally liable for any outstanding tax liability as a result.

Can I revive a Cancelled LLC in California?

When your business has been suspended or forfeited, it is not in good standing and loses its rights, powers, and privileges to do business in California. To revive your business and be in good standing, you must: File all past due tax returns. Pay all past due tax balances.

Why does my LLC say inactive?

When a company has an inactive business status, this means that it still exists in the eyes of the law but that it has no activity taking place. It could also mean that it has had no business transactions take place in a particular year.

How can I check if my California LLC is still active?

In the state of California, the Secretary of State’s Office organizes and registers LLCs. If you want to check to see if a California LLC is still active, you can use the free online business entity search tool offered by the California Secretary of State’s Office.

Can a non-California LLC do business in California?

In addition, an LLC is “doing business” in California under RC Section 23101 (a) if it is a nonregistered foreign LLC that is a member of an LLC classified for tax purposes as a partnership) that does business in California.

Can a LLC have a year with no activity?

Sometimes a limited liability company (LLC) has a year with no business activity. For example, a newly formed LLC might not have started doing business yet, or an older LLC might have become inactive without being formally dissolved.

When does a California Limited Liability Company ( LLC ) cease to exist?

When a California Limited Liability Company (LLC) ceases to exist, it may do so under a variety of different circumstances and each one has its own unique guidelines and rules. For example, an LLC may be suspended, dissolved, or canceled.