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What happens if a statement of Information is not filed?

Failure to file the required Statement of Information with the Secretary of State as outlined in statute may result in penalties being assessed by the Franchise Tax Board and suspension or forfeiture.

What is a statement of Information for LLC?

California LLC Statement of Information For example, if you formed your LLC in January, then your filing window is between the first day of August and the last day of January. There is a $20 filing fee. You can file the Statement of Information online.

What is an example of a statement of purpose for an LLC?

The purpose of this LLC is to buy and sell real estate, as well as any and all lawful activities allowed by LLCs in the state of . In this example, the particular business activity of the company is specified, but it leaves room for other activities as well.

What is Statement of Information form LLC 12?

In California, owners of LLCs are required to file a special document with the California Secretary of States office called a Statement of Information, or Form LLC-12. This is a form that helps establish the legality and validity of your business by registering certain details with the state.

What is an LLC statement of Information?

In summary, the California Statement of Information is a document required by the California Secretary of State for certain types of business entities. If you have a corporation, you must file every 2 years. If you have an LP or an LLC, you must file annually.