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Compliance

Staying compliant after you form

The recurring obligations that keep your business in good standing in California.

4 min read

Forming your entity is step one. Keeping it in good standing is an ongoing job — and it's where a lot of new businesses slip. Miss a filing and you can face penalties, lose your liability protection, or even have your entity suspended. Here's what to stay on top of in California.

Statement of Information

California requires a Statement of Information with the Secretary of State — within 90 days of forming, then every year for corporations and every two years for LLCs. It keeps your business's address, management, and agent details current. Missing it triggers penalties and can lead to suspension.

Franchise tax and fees

Most California entities owe an $800 minimum annual franchise tax to the Franchise Tax Board, and LLCs above certain revenue thresholds owe an additional graduated fee. These are due whether or not the business made money, so they need to be planned for.

Registered agent

Your entity must maintain a registered agent — a person or service available at a physical California address during business hours to receive legal and state documents. If your agent's information lapses, you can miss critical notices, including lawsuits.

Licenses, permits, and records

  • Renew city/county business licenses and any industry permits on schedule.
  • Keep a Seller's Permit current if you sell taxable goods.
  • Maintain corporate records — bylaws/operating agreement, meeting minutes, and ownership records.
  • File federal and state tax returns on time.

The simplest fix

The reason we offer ongoing compliance monitoring and registered agent service is that these deadlines are easy to miss when you're busy running the business. We watch the calendar, file what's due, and flag what's coming — so “good standing” isn't something you have to think about.

Key takeaways
  • File your Statement of Information on time — annually (corp) or biennially (LLC).
  • Budget for California's $800 minimum franchise tax every year.
  • Keep a valid registered agent so you never miss legal notices.
  • Ongoing monitoring is the easiest way to avoid penalties and suspension.
Explore compliance services

This article is general information, not legal or tax advice. Requirements change and depend on your specific situation — book a free consultation for guidance tailored to your business.

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