Annual and Bi-Annual Filing Requirements
The Statement of Information is a business’s annual report. It must be filed annually by every corporation and bi-annually by every LLC and nonprofit in California.
- Filing Fees
- $20 for LLCs and nonprofits
- $25 for corporations
The Statement contains information about the registered agent, principal officers, directors, and details of the organization. An amendment process is required to change the company name.
LLCs and corporations must file within 90 days of formation in California. Then filing periods depend on the date of incorporation. Companies are required to file regardless of whether they conducted business.
Filing Process and Penalties
Filing online is faster. Penalties of $250 are assessed for late filing. The fee is to keep records up to date so authorities can contact companies.
Filing the Statement of Information keeps companies on good terms with the Secretary of State. It provides key details about operations like entity number and CEO name and address.
Frequently Asked Questions
How much is a statement of information for an LLC in California?
There is a $20 fee for LLCs and nonprofits, and $25 for corporations.
How often do you file the statement of information in California for LLC?
Every California LLC must file a Statement of Information every 2 years to stay in good standing. The first statement is due within 90 days of forming.
The Statement provides details like the registered agent, managers, and business address. An amendment is required to change the company name.
Filing keeps records current so authorities can contact companies. This mandatory reporting provides key details about LLC operations.