Every Limited Liability Company (LLC) doing business in California is required to file a Statement of Information (SOI) with the Secretary of State office. The administration and ownership structure of the LLC are updated in this document. Penalties, fines, and even the suspension of your company’s business license may come from submitting the SOI after the deadline. We’ll discuss where to receive a California Statement of Information and when it needs to be filed in this article.
On the website of the Secretary of State, you can obtain the California Statement of Information. The form is available for downloading, filling out, and online submission. The online submission procedure is quick, safe, and practical. The form is also available for printing, filling out, and mailing to the Secretary of State’s office. The form itself contains the mailing address.
Another choice is to file your California Statement of Information with the assistance of a third-party service provider, like LegalZoom or Incfile. These businesses can help you complete the form, make sure it’s submitted on time, and make sure all the information is right. But bear in mind that there is an extra charge for these services.
Every year, California LLCs must submit a Statement of Information. Depending on the date of incorporation or registration with the Secretary of State’s office, each company’s filing deadline varies. The initial Statement of Information is required by April 1st of the year after your LLC was created or registered, for instance. Subsequent filings are due on the same day each year.
It is significant to note that submitting the Statement of Information after the deadline may result in a $250 penalty cost. Your LLC may be suspended and you risk losing your business license if it is late for 60 days or longer. It is essential to remember the filing deadline and turn in the Statement of Information by that time.
The California Statement of Information, which every LLC doing business in California is required to file each year, is a crucial document. It gives the Secretary of State’s office up-to-date details about the LLC’s ownership and management structure and aids in keeping a precise record of your company’s status. You can get the form from the Secretary of State’s website or get help from outside service providers while filing. To prevent penalties, fines, and possibly the suspension of your business license, always remember to file on time.