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Yes - if you will have TWO separate legal entities - EACH entity will be subject to the CA franchise tax
The current minimum tax is $800 as long as the entity exists.
See some details here
https://www.ftb.ca.gov/businesses/bus_structures/LLcompany.shtmlAnd that minimum will apply separately to each entity.Sorry if you expected differently.
There will no tax benefits as that LLC will be ignored for income tax purposes as disregarded entity.For legal protection - yes - C-corporation as an owner of the LLC will have its assets protected against the debt or claims of the LLC. So if LLC activities carry some risk - that protection could be valuable. If C-corporation will not run business activities in California - you might want to move it to a different state - and avoid CA franchise tax.For instance if that will be Nevada C-corporation - and it will own CA LLC - only CA LLC will be liable for the franchise tax.