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What is Statement of Information filing in California?

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.

What is the purpose of a statement of Information?

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.

What is a statement of Information for an LLC in California?

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.

What is form LLC-12 California?

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.

Can you change the statement of Information in California?

Changes to information contained in a previously filed statement can be made by filing a new form, completed in its entirety. Legal Authority: Statutory filing provisions are found in California Corporations Code section 1502 or California Food and Agricultural Code section 54040, unless otherwise indicated.

what is generally a statement of no change

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What is the purpose of statement of Information for LLC?

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.

How often do I need to file an LLC-12 in 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 a LLC-12 in California?

How Do I File Form LLC-12? Form LLC-12 can be filed online at bizfile.sos.ca.gov. 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.

How often does a California corporation have to file a statement of Information?

A Statement of Information must be filed either every year for California stock, cooperative, credit union, and all qualified out-of-state corporations or every two years (only in odd years or only in even years based on year of initial registration) for California nonprofit corporations and all California and ...

What is required in California statement of Information?

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.

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