California $800 per year per LLC? Even those LLC not in CS

[Liz C.]

Hi all, I have about 11 LLC between New York and New Jersey . Planning move from New York to California , I was somewhere no matter where I own LLC and it's property I have to pay $800 per year if I become California resident. I am shocked , does this mean if I move there I have to pay almost 10k per year to California state? Thank you!

[John Thedford]

Hey.they need the money to fund the retirements of public servants--here to HELP you! Don't begrudge them their cut!