Looking to register a business just to get the ball rolling but have no idea when I’ll get around to actually working towards it. Can I register is and literally sit on it for *theoretically* years without incurring any additional fees? Or are there other hidden fees for just having it registered? Sorry if this is the wrong place to ask this. If it is, can you point me to the right subreddit?
In Michigan I have to pay a yearly renewal fee for $30 or something. Just wait till you actually want to start it. I had a whole plan ready to execute when I registered mine.
In California, the state’s franchise tax board charges a yearly fee of $800
Just another thing to add to the list of reasons why id never live in California XD