Is This True?

patrecejames profile photo
I am trying to form a S corp. I spoke to a lawyer who said the cost would be $150 with addl costs. I asked about a state franchise fee of $800, he said all new corps are exempt for the 1st year. Is this correct.

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  • JohnMerchant2nd September, 2004
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    What? A lawyer suspected of telling the truth? What next ! wink

    Seriously, go dig up CA Secretary of State site on Google, and that'll answer your questions about this in a flash...probably take less time than your posting the question.
    [addsig]

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