California FTB Compliance Guide

Suspended or Forfeited? Revive Your California Business Entity

Complete guide to understanding FTB suspension, reinstating your corporation or LLC, resolving back taxes, and maintaining compliance to prevent future suspension.

$800 Minimum Annual Franchise Tax
60 Days Typical Revival Timeline
$250 Revival Penalty Per Year
15th Tax Due: 15th Day, 4th Month

Consequences of Operating While Suspended

A suspended entity cannot legally conduct business in California. Operating while suspended creates serious legal and financial risks:

  • No court access: Cannot file lawsuits, defend lawsuits, or enforce contracts in California courts
  • No state filings: Cannot file amendments, name changes, or any documents with Secretary of State
  • Voidable contracts: Contracts signed while suspended may be voidable by the other party
  • Personal liability: Officers/members may be personally liable for entity debts incurred while suspended
  • License revocation: Professional licenses, permits, and registrations may be suspended or revoked
Understanding Suspension

Why Entities Get Suspended or Forfeited

California suspends thousands of corporations and LLCs each year. Understanding why helps you navigate the revival process and prevent future issues.

FTB Suspension (Most Common)

The Franchise Tax Board suspends entities for tax-related failures:

  • Failure to pay annual franchise tax ($800 minimum)
  • Failure to file required tax returns
  • Outstanding tax liabilities or assessments
  • First-year exemption followed by non-payment
Secretary of State Forfeiture

The Secretary of State forfeits entities for filing failures:

  • Failure to file Statement of Information
  • Failure to designate agent for service of process
  • Agent resignation without replacement
  • Corporate powers suspended by court order
Good Standing Requirements

To maintain "Active" status, entities must:

  • Pay all franchise taxes when due
  • File annual/biennial Statement of Information
  • Maintain valid registered agent
  • File all required tax returns

Check Your Entity Status

Search the California Secretary of State business database to check your entity's current status. Look for "Active," "Suspended," "Forfeited," or "FTB Suspended."

Dual Suspension Possible

An entity can be suspended by BOTH the FTB and Secretary of State simultaneously. Revival requires satisfying both agencies' requirements before status is restored.

Revival Process

Step-by-Step: How to Revive a Suspended Entity

Revival typically takes 30-60 days and requires satisfying all outstanding obligations to both the FTB and Secretary of State.

1

Determine Reason for Suspension

Check both the FTB and Secretary of State to identify all reasons for suspension. You must address ALL issues for revival.

FTB Check: Call (916) 845-4171 or check online account
SOS Check: Search bizfileonline.sos.ca.gov
2

File All Delinquent Tax Returns

File all missing franchise tax returns (Form 100, 100S, or 568 for LLCs). Even if no income, returns must be filed.

Corporations: Form 100 (C-Corp) or Form 100S (S-Corp)
LLCs: Form 568 (LLC Return of Income)
Note: Include all years from formation through current
3

Pay All Outstanding Taxes, Penalties, and Interest

Calculate and pay all franchise taxes owed, plus penalties and interest. The FTB can provide a payoff amount.

Minimum tax: $800 per year (corporations); $800 for LLCs + LLC fee based on income
Penalty: 5% per month up to 25% for late filing; $250 revival penalty per year
Interest: Currently ~7% annually on unpaid amounts
4

File Delinquent Statements of Information

File all missing Statements of Information with the Secretary of State. Corporations file annually; LLCs file biennially.

Filing fee: $25 per statement
Corporations: Due within 90 days of anniversary, then annually
LLCs: Due within 90 days of formation, then every 2 years
5

Request Certificate of Revivor

Once all taxes are paid, the FTB issues a Certificate of Revivor to the Secretary of State. This can take 30-60 days.

Timeline: FTB processes revival within 30-45 days of payment
Expedite: Not available for revivals
Verification: Check SOS website for status update
6

Confirm Active Status

Verify your entity shows "Active" status on both the FTB and Secretary of State databases. Obtain good standing certificate if needed.

Good standing certificate: $5 online or $10 paper
Status Letter (FTB): Available online at ftb.ca.gov
Franchise Tax

California Franchise Tax: What You Owe

California imposes an annual franchise tax on all corporations and LLCs doing business in the state, regardless of income.

Entity Type Minimum Tax Due Date Notes
C-Corporation $800 15th day of 4th month Or 8.84% of CA net income, whichever is greater
S-Corporation $800 15th day of 4th month Or 1.5% of CA net income, minimum $800
LLC (taxed as partnership) $800 15th day of 4th month Plus LLC fee based on total income (see below)
LLC Fee (if income $250K+) $900-$11,790 15th day of 6th month Based on total California income brackets
Limited Partnership $800 15th day of 4th month Minimum annual tax

First-Year Exemption

New corporations and LLCs formed on or after January 1, 2024 are exempt from the $800 minimum franchise tax for their first taxable year. The tax IS due in Year 2 and beyond.

LLC Fee Schedule (2024)

$250K-$499K: $900
$500K-$999K: $2,500
$1M-$4.99M: $6,000
$5M+: $11,790

Estimated Tax Requirement

If you expect to owe more than $800 in tax, you must make quarterly estimated tax payments. Failure to pay estimated tax results in penalties.

Statement of Information

Statement of Information Filing Requirements

The Statement of Information (SOI) tells the Secretary of State who runs your entity and where to find them. Missing SOI filings lead to forfeiture.

90 Days
Initial Filing
Due within 90 days of formation/qualification
Annual
Corporations
Due each year during anniversary month
Biennial
LLCs
Due every 2 years during anniversary month
$25
Filing Fee
Per Statement of Information filed

What's Included in the SOI

Corporations: Officers (CEO, CFO, Secretary), directors, agent for service of process, principal address
LLCs: Managers/members, agent for service of process, principal and mailing addresses

Agent for Service of Process

Every entity must designate an agent who can receive legal documents. Can be an individual (CA resident) or registered corporate agent. Agent resignation without replacement leads to forfeiture.

Tax Clearance

Tax Clearance Certificates

Certain corporate transactions require proof that all California taxes have been paid. The FTB issues Tax Clearance Certificates for these purposes.

When Tax Clearance is Required

Dissolution: Before filing Certificate of Dissolution with SOS
Merger: For the disappearing entity
Withdrawal: Foreign entity leaving California
Conversion: Entity type changes in some cases

How to Request

File FTB Form 3555 (Request for Tax Clearance Certificate). The FTB reviews all tax years and outstanding liabilities before issuing. Processing takes 30-60 days.

No Tax Clearance if Suspended

You cannot obtain a Tax Clearance Certificate while suspended. You must first revive the entity, then apply for tax clearance, then proceed with dissolution/merger.

Final Tax Returns Required

Before tax clearance is issued, you must file all outstanding returns including final short-year returns. Final returns must be marked "FINAL" and show zero activity after dissolution date.

Prevention

Prevent Future Suspension: Compliance Checklist

Once revived, staying in good standing requires consistent attention to filing and payment deadlines.

Annual Compliance Checklist

Pay Franchise Tax by 15th of 4th Month

For calendar year entities, this is April 15. Mark your calendar and pay early to avoid penalties.

File Annual Tax Return

Form 100/100S for corporations, Form 568 for LLCs. Due by 15th of 4th month (3rd month for S-Corps).

File Statement of Information

Corporations: annually during anniversary month. LLCs: biennially during anniversary month. $25 fee.

Maintain Registered Agent

Ensure your agent for service of process is current. If using a commercial agent, renew their services annually.

Pay Estimated Taxes (if applicable)

Quarterly estimated payments due if expecting tax liability over $800. Due 15th of 4th, 6th, 9th, and 12th months.

Update Business Address

File updated SOI within 60 days of any address change. Ensure you receive FTB and SOS correspondence.

Set Calendar Reminders

Create recurring calendar reminders 30 days before each deadline. Most suspensions happen due to simple oversight, not intentional non-compliance.

Consider a Registered Agent Service

Commercial registered agents handle Statement of Information filings and provide compliance reminders. Worth the $50-$300/year for peace of mind.

Frequently Asked Questions

How long does it take to revive a suspended corporation?

Typically 30-60 days from when all taxes are paid and returns are filed. The FTB must process your payment and issue a Certificate of Revivor to the Secretary of State. There's no way to expedite this process. Plan accordingly if you need revival for a specific deadline (e.g., contract signing, litigation, sale).

Can I just let my suspended entity die instead of reviving it?

You can, but the entity continues to exist in suspended status. California will continue accruing franchise taxes ($800/year) even while suspended. To properly end the entity, you must revive it, obtain tax clearance, and file dissolution documents. Otherwise, the tax debt keeps growing.

What if I can't afford to pay all the back taxes at once?

The FTB offers payment plans for taxpayers who can't pay in full. You can request an installment agreement, though this may not result in immediate revival. The entity typically remains suspended until the full balance is paid. Contact the FTB to discuss options at (916) 845-4171.

Does suspension affect my personal credit or liability?

Suspension itself doesn't directly affect personal credit. However, the FTB can pursue collection actions against the entity, and in some cases, assess responsible person liability against officers. Additionally, contracts entered while suspended may expose officers to personal liability if the other party rescinds.

My business has no income. Do I still owe the $800?

Yes. The $800 minimum franchise tax is owed by all California corporations and LLCs regardless of income, profit, or activity level. Even dormant entities with zero revenue owe $800 per year. The only exception is the first-year exemption for new entities (formed after January 1, 2024).

Can a suspended entity sign contracts or sue someone?

No. A suspended entity cannot maintain, defend, or prosecute any lawsuit in California courts. Contracts signed while suspended are voidable at the other party's option. The entity also cannot file any documents with the Secretary of State until revived.

Need Help Reviving Your Entity?

Navigating FTB requirements and back taxes can be complex. Let us help you get back to good standing quickly and correctly.

Schedule Revival Consultation