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Re:Ask HN: Side projects that are making money, but you'd no... by unstatusthequo on Saturday June 06, 2020 @04:42PM (#23442070)
Lawyer here. Not yours. But consider Delaware or really any state. You do not need to form it in CA just because that’s where you are. Just get a registered agent and pick a state that doesn’t have oppressive LLC fees...
Re:Ask HN: Side projects that are making money, but you'd no... by moeamaya on Saturday June 06, 2020 @05:30PM (#23442389)
We've gone over this with our lawyers many times, but if you do the majority of your business operations in CA and have an LLC in any state you'll be subject to $800/year minimum franchise tax in CA still.

https://www.lobbplewe.com/blog/2019/09/rules-for-out-of-stat...

Re:Ask HN: Side projects that are making money, but you'd no... by philsnow on Saturday June 06, 2020 @05:34PM (#23442420)
CA levies a (not insignificant) fee even for Delaware LLCs that operate in California.
Re:Ask HN: Side projects that are making money, but you'd no... by bradgessler on Saturday June 06, 2020 @05:54PM (#23442567)
Yes, $800. Same cost as forming the LLC.
Re:Ask HN: Side projects that are making money, but you'd no... by awillen on Saturday June 06, 2020 @08:29PM (#23443610)
Damn, that's what I was hoping to avoid :/
Re:Ask HN: Side projects that are making money, but you'd no... by irlib on Saturday June 06, 2020 @10:30PM (#23444300)
Weather tax.
Re:Ask HN: Side projects that are making money, but you'd no... by M5x7wI3CmbEem10 on Saturday June 06, 2020 @08:28PM (#23443604)
What should we check to see which state is the best to form an LLC in? I want to double-check whether it’s viable to form one in my state before considering Delaware.

Why an LLC instead of an S-corp?