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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.
Every California and registered foreign limited liability company must file a Statement of Information with the California Secretary of State, within 90 days of registering with the California Secretary of State, and every two years thereafter during a specific 6-month filing period based on the original registration
Statements of Information, Common Interest Development Statements and Publicly Traded Disclosure Statements can be filed online at bizfileOnline.sos.ca.gov.
The California Statement of Information provides the California Secretary of State with updated information about your business entity, such as its current officers, directors, and business address. A statement of information is like a California LLC report updating the Secretary of state on your business info.
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.
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File the California Statement of Information on time or face a late penalty of $250 (Profit entities) or $50 for Non-Profit Corporations. Also, the Secretary of State may suspend or forfeit the legal entitys registration preventing all legal business.
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

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