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In California a business's annual report is called the Statement of Information. It's a required filing that keeps the state updated with information about participants in the company. It must be filed on time, and the penalty for being late is hefty: $250, versus the filing fee of up to $25.
Form LLC-12 helps the state to track changes in addresses, agents, managers, and members of Limited Liability Companies. The form, formerly called LLC-12R, is also known as the Statement of Information, or SOI, form. The California Secretary of State requires all LLCs to submit this form every two years.
The Statement of Information form shows a company's owners/officers, business address(es), and business description. A corporation/LLC must file a Statement of Information within 90 days of their Articles of Incorporation/Organization to do business in the state of California.
Form LLC-12 Definition Form LLC-12, also called a statement of information (SOI), is a report that LLCs are required to file with the Secretary of State of California every two years.
How Do I File Form LLC-12? Form LLC-12 can be filed online at If possible, the state encourages you to file online for faster service. Or deliver it in person (drop off) to the Sacramento office: 1500 11th Street, Sacramento, CA, 95814.
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Corporations. California law requires your Statement of Information to include: The name of your corporation and the Secretary of State's file number. Contact information for all directors serving at the time of filing.
A Statement of Information is filed to divulge your company's activities over the prior year. This information is often most important to shareholders or other parties that have an interest in your company.
The purpose of an SOI is to keep up-to-date information about an LLC and alert the state to any changes in the LLC's CEO, Registered Agent, address, and officers', members', and managers' addresses and names.

statement of information california