Are you doing business in California?

At Otterz, one of the most common questions we encounter is: “Am I doing business in California?” This seemingly straightforward question can be surprisingly complex, particularly when it involves potential tax implications. If your company is deemed a foreign corporation or LLC operating in California, you could be responsible for a minimum $800 Franchise Tax and potentially additional income taxes.

To read more visit our blog on Understanding California Business Compliance for Out-of-State EntitiesVisit the Otterz blog today