Single member LLC Business type
If your LLC has one owner, you’re a single member limited liability company (SMLLC). If you are married, you and your spouse are considered one owner and can elect to be treated as a SMLLC.
You are not disregarded for state purposes, even if you are for federal.
Open a SMLLC
To form a SMLLC, file Formation - Articles of Organization (Form LLC-1) with the California Secretary of State.
SMLLCs have the same filing requirements as an LLC.
Owned by a pass-through entity
If your SMLLC is owned by an:
- S corporation
Then your return is due on the 15th day of the 3rd month at the close of your taxable year.
Exceptions to the first year annual tax
A SMLLC is not subject to the annual tax and fee if both of the following are true:
- They did not conduct any business in California during the tax year
- Their tax year was 15 days or fewer
Apportionment and allocation
A trade or business with income within and outside of California may be subject to California apportionment and allocation rules. Visit apportionment and allocation for more information.