Uber CEO says its service will probably shut down temporarily in California

Re:Uber CEO says its service will probably shut down tempora... by jmwilson on Wednesday August 12, 2020 @05:36PM (#24137288)

There's the $800 California LLC annual fee, which is the highest in the country, and applies before you make a dollar in revenue.

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Re:Uber CEO says its service will probably shut down tempora... by paul_f on Thursday August 13, 2020 @07:20AM (#24142138)

You don't need an LLC to run a business. Plenty of sole proprietors do this along with filing self employment taxes without ever forming an LLC.

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Re:Uber CEO says its service will probably shut down tempora... by kadoban on Thursday August 13, 2020 @01:36AM (#24140250)

Does something prevent incorporating in another location that allows it? Doubt it.

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Re:Uber CEO says its service will probably shut down tempora... by jmwilson on Thursday August 13, 2020 @12:23PM (#24145075)

Of course they could do that, but any corporation or LLC that does business in California [1] (surely a Uber driver operating in California would be considered as such) has to pay the fee. Incorporating out of state would just mean a second set of fees and more forms to file.

[1] https://www.ftb.ca.gov/file/business/doing-business-in-calif...

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Re:Uber CEO says its service will probably shut down tempora... by kadoban on Friday August 14, 2020 @10:09AM (#24158151)

Ah, I did not know that. Thanks

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