Gig Work Tax

What is California's franchise tax for LLCs?

State-Specificintermediate2 answers · 5 min readUpdated February 28, 2026

Quick Answer

California charges LLCs an annual franchise tax starting at $800 minimum, plus additional fees based on gross receipts: $900 (over $250K), $2,500 (over $500K), $6,000 (over $1M), up to $11,790 for receipts over $5M. This applies even if the LLC has no profit.

Best Answer

JO

James Okafor, Self-Employment Tax Specialist

Established freelancers considering or already operating as LLCs who need to understand California's complete franchise tax structure

Top Answer

Understanding California's LLC franchise tax


California's franchise tax is one of the most expensive state business taxes in the country. Every LLC doing business in California must pay an annual franchise tax, regardless of whether the LLC made any profit. This catches many freelancers off guard who form LLCs thinking they'll only pay tax on profits.


The franchise tax has two components: a minimum annual tax and gross receipts fees based on total revenue.


California LLC franchise tax structure for 2026


Minimum annual tax: $800 (due every year, even if no income)


Additional gross receipts tax:

  • $0 if total gross receipts under $250,000
  • $900 if gross receipts $250,000 - $499,999
  • $2,500 if gross receipts $500,000 - $999,999
  • $6,000 if gross receipts $1,000,000 - $4,999,999
  • $11,790 if gross receipts $5,000,000+

  • Example: Freelance consultant earning $400,000


    Say you're a freelance marketing consultant operating as an LLC with $400,000 in gross receipts:


    Minimum franchise tax: $800

    Gross receipts fee: $900 (for $250K-$499K bracket)

    Total California franchise tax: $1,700


    This is in addition to:

  • Federal income tax on profits
  • Federal self-employment tax
  • California state income tax on profits
  • Any local business taxes

  • When the tax is due


    New LLCs: No franchise tax for the first tax year if the LLC is formed after January 1st. However, you'll owe the full amount for the following year.


    Existing LLCs: The $800 minimum is due by the 15th day of the 4th month after the beginning of the tax year (April 15 for calendar year LLCs). The gross receipts fee is due when you file your annual return (Form 568).


    Critical planning consideration


    The franchise tax is based on gross receipts, not net profit. This means:


    Scenario A - Profitable year:

  • Gross receipts: $300,000
  • Business expenses: $150,000
  • Net profit: $150,000
  • Franchise tax: $800 + $900 = $1,700

  • Scenario B - Break-even year:

  • Gross receipts: $300,000
  • Business expenses: $300,000
  • Net profit: $0
  • Franchise tax: Still $1,700 (same as profitable year)

  • LLC vs sole proprietorship cost comparison



    *Note: This excludes income taxes, which apply to both structures*


    When an LLC might still make sense


    Despite the franchise tax, California LLCs can be worth it for freelancers who:

  • Earn over $200,000 annually (liability protection justifies cost)
  • Have business partners (LLCs offer better partnership structure)
  • Want to elect S-Corp taxation (can save on self-employment tax)
  • Work in high-liability industries (consulting, construction, etc.)

  • What you should do


    1. Calculate the breakeven point: Determine if LLC tax savings exceed the franchise tax

    2. Consider other states: Some freelancers form LLCs in Nevada or Delaware

    3. Plan cash flow: Set aside franchise tax money quarterly

    4. Review annually: LLC benefits may change as your income grows


    Key takeaway: California's LLC franchise tax starts at $800 minimum plus gross receipts fees up to $11,790, paid regardless of profit - making LLCs expensive for many freelancers earning under $200,000.

    Key Takeaway: California LLCs pay $800 minimum franchise tax plus gross receipts fees up to $11,790 annually, regardless of profitability.

    California LLC franchise tax rates by gross receipts

    Gross Receipts RangeAdditional FeeTotal Annual Cost
    $0 - $249,999$0$800
    $250,000 - $499,999$900$1,700
    $500,000 - $999,999$2,500$3,300
    $1,000,000 - $4,999,999$6,000$6,800
    $5,000,000+$11,790$12,590

    More Perspectives

    JO

    James Okafor, Self-Employment Tax Specialist

    Beginning freelancers considering forming an LLC who need to understand the true cost before making the decision

    Should new freelancers form California LLCs?


    As a new freelancer, you might be considering forming an LLC for liability protection or to "look more professional." However, California's franchise tax makes LLCs much more expensive than in other states.


    The real cost for beginners


    Many new freelancers don't realize that California LLCs pay taxes even with zero income:


    Year 1 scenario (starting mid-year):

  • LLC formation cost: ~$500-800 (filing fees + registered agent)
  • Franchise tax: $0 (first year exception)
  • Total first-year cost: $500-800

  • Year 2 scenario (earning $50,000):

  • Franchise tax: $800 (under $250K gross receipts)
  • Annual registered agent: ~$200
  • Annual ongoing cost: $1,000+

  • Break-even analysis for new freelancers


    For most beginning freelancers, the LLC doesn't make financial sense:


    If you earn $30,000/year:

  • LLC cost: $800+ annually
  • Tax savings: Usually $0
  • Net cost: $800+ per year

  • If you earn $75,000/year:

  • LLC cost: $800+ annually
  • Potential tax savings: $0-300 (minimal for most freelancers)
  • Net cost: $500-800 per year

  • Alternatives for new freelancers


    1. Start as sole proprietor: No franchise tax, much simpler

    2. Get good liability insurance: Often cheaper than LLC costs

    3. Consider other states: Nevada or Delaware LLCs (but check CA sourcing rules)

    4. Wait until you're established: Form LLC when earning $100,000+


    When new freelancers should consider an LLC


  • High-risk work: Construction, consulting with large clients, professional services
  • Multiple income streams: Planning to hire employees or partners
  • Significant assets to protect: Own valuable property or investments
  • Earning $100,000+: Can better justify the annual cost

  • The bottom line for beginners


    Most new California freelancers should start as sole proprietors and reconsider an LLC once they're earning consistently and have assets worth protecting. The $800+ annual cost rarely makes sense when you're just starting out.


    Key takeaway: New California freelancers should generally avoid LLCs due to the $800+ annual franchise tax unless they have high liability risk or earn over $100,000.

    Key Takeaway: New California freelancers should typically avoid LLCs due to the $800+ annual cost unless they have high liability exposure or significant income.

    Sources

    california franchise taxllc taxescalifornia llcbusiness taxes

    Reviewed by James Okafor, Self-Employment Tax Specialist on February 28, 2026

    This content is for educational purposes only and is not a substitute for professional tax advice. Consult a qualified tax professional for advice specific to your situation.