Visit our due dates for businesses page for a full list of due dates and estimate payments for corporations.
Every corporation that is incorporated, registered, or doing business in California must pay the $800 minimum franchise tax.
Newly incorporated or qualified corporations are not required to pay the minimum franchise tax in their first taxable year.
Corporations are also not subject to the minimum tax if both of the following are true:
Corporations filing after the original due date are granted an automatic 6-month extension.
Returns filed after the extended due date will be treated as delinquent, with penalties computed from the original due date.
You must pay your estimated tax on the due date to avoid interest and penalties. Your extension to file is not an extension to pay.
To keep your corporation active you must:
We do not grant automatic extensions to file for suspended corporations.
Visit My business is suspended for more information.
SOS imposes a $250 penalty if you do not file your Statement of Information. We collect the penalty on behalf of the SOS.
If you close your business, you must file the required paperwork with the Secretary of State and us.
With us you must:
You may have California source income if you sell goods to California customers or perform a service to customers who received the benefit of that service in California or own an intangible used in California. Visit Apportionment and allocation for more information.
We do not control the destination site and cannot accept any responsibility for its contents, links, or offers. Review the site's security and confidentiality statements before using the site.
If you have any issues or technical problems, contact that site for assistance.
This Google™ translation feature, provided on the Franchise Tax Board (FTB) website, is for general information only. Consult with a translator for official business.
The web pages currently in English on the FTB website are the official and accurate source for tax information and services we provide. Any differences created in the translation are not binding on the FTB and have no legal effect for compliance or enforcement purposes. If you have any questions related to the information contained in the translation, refer to the English version.
We translate some pages on the FTB website into Spanish. These pages do not include the Google™ translation application. For a complete listing of the FTB’s official Spanish pages, visit La página principal en español (Spanish home page).
We cannot guarantee the accuracy of this translation and shall not be liable for any inaccurate information or changes in the page layout resulting from the translation application tool.
This tool will not translate FTB applications, such as MyFTB, or tax forms and other files that are not in HTML format. Some publications and tax form instructions are available in HTML format and can be translated. Visit our Forms and Publications search tool for a list of tax forms, instructions, and publications, and their available formats.