Statements of Information: Easy is Good
This post discusses Statements of Information, which corporations and limited liability companies need to file with the California Secretary of State.
When you form your corporation or LLC, the Secretary of State’s welcome letter will tell you to file a Statement of Information within 90 days.
You need to update a corporation’s Statement of Information every year. For an LLC, you need to update every two years every two years.
While the corporate Statement of Information form is available in a pdf that can be filled in and printed (Form SI-550), an even easier approach is to provide the information at the Secretary of State website, where you can pay the $25 fee by credit card. (Please note, however, that if you want to file an amendment before the next Statement of Information is due, you cannot do so online – a form must be completed and sent to the Secretary of State.)
Since this post first was written, the Secretary of State started accepting Statements of Information for LLCs online. There is a pdf for LLC Statements of Information (Form LLC-12); the filing fee is $20.
If none of the information has changed since the last filing, there are “no change” versions of the Statement of Information form that you can fill out: Form SI-550NC for corporations, and Form LLC-12NC for LLCs.
Related post: Should I form an LLC or a corporation?
Dana H. Shultz, Attorney at Law +1 510-547-0545 dana [at] danashultz [dot] com
This blog does not provide legal advice and does not create an attorney-client relationship. If you need legal advice, please contact a lawyer directly.
Trackbacks & Pingbacks
[…] Statements of Information: Easy is Good […]
[…] This post was mentioned on Twitter by Dana Shultz. Dana Shultz said: posted "Statements of Information: Easy is Good" at http://su.pr/1Qcwqc […]