why use attorney services for statement of information filing

Knowing whether you're required to file an annual report or Statement of Information with the state in which you operate is critical to your business success. You may want to consult with an attorney or you can file a statement of information online. Ready to start your Annual Report?

Full Answer

What is a statement of information filing?

Dec 12, 2018 · An authorized representative of your company may use the e-file service to file both initial and annual Statements of Information. These e-filed statements are usually processed in a single business day, so they’re a good option if you need to file quickly. Filing Fee for Statement of Information: Statement of Informations that are updating previously filed …

How often should I file the statement of information?

Dec 01, 2021 · Attorney Services. By law, 42 U.S.C. §1395y (b) (2) and § 1862 (b) (2) (A)/Section and § 1862 (b) (2) (A) (ii) of the Social Security Act, Medicare may not pay for a beneficiary's medical expenses when payment “has been made or can reasonably be expected to be made under a workers’ compensation plan, an automobile or liability insurance ...

When does a small business need to file 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. The activities listed on the statement as well as the financial performance will be used as an indicator to how well the company is being ...

Do I need to file a statement of information in California?

Sep 03, 2015 · A Statement of Information filing is required for all California corporations and LLC’s. Whether you are formed or registered to do business, your entity is required to file the form. A Statement of Information will update the Secretary of State of the changes to your business. It can be changes like updating new officers, managers, or even your new business address.

Who fills out the statement of Information?

the California Secretary of StateEvery 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 ...

What is the purpose of the 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 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.

Can attorney file statement of Information in California?

Anyone authorized to sign your California Statement of Information may file on behalf of your California business. This can be a member/manager, officer/director, secretary, treasurer, or someone you employ (such as an attorney) to file on your business's behalf.

What happens if you don't file a statement of Information?

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 entity's registration preventing all legal business.

When should a statement of Information be filed?

All California businesses must file their first Statement of Information with the Secretary of State within 90 days of filing the original Articles of Incorporation (or Articles of Organization).Jan 7, 2020

What do you need for the statement of Information?

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.Any vacancies on the board of directors.Contact information for all officers.More items...

Do I need a certified copy of statement of Information?

If you are responsible for the Business records of a California Corporation or a California LLC it is important to retain on file Certified Copies of your Formation Documents - your Articles of Incorporation for Corporations or your Articles of Organization for LLCs; as well as all Amendments to your original Articles.

What is included in a statement of Information?

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.Jul 18, 2017

Who is authorized to file a California statement of Information?

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 ...

Do I have to file a statement of Information in California every year?

To keep your California LLC or corporation in good standing with the Secretary of State, you'll need to file a Statement of Information form either every year or every other year, depending on your business type.

Should partnerships file statement of Information?

General Partnership (GP) To register a GP at the state level, a Statement of Partnership Authority (Form GP–1) must be filed with the California Secretary of State's office.

What is 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.

Why is filing on time important?

Why Filing on Time Is Important. Filing is mandatory in most states. More importantly, filing on time will ensure that your company always remains complaint. If this is your first year in business, you’ll want to consult with your state to determine when filing is needed.

What happens if you don't file a complaint?

Filing is mandatory in most states. More importantly, filing on time will ensure that your company always remains complaint. If this is your first year in business, you’ll want to consult with your state to determine when filing is needed. If you don’t file on time, your company may face the following consequences: 1 Penalty fees along with a notice of delinquency 2 A suspension of your business along with the right to use your entity name

What is an auditor's report?

Auditor’s report. A Statement of Information will also call for the names of managers, directors, and members of a company. If your state requires an initial report, this statement will often be very short in length and will not include some or any of the above mentioned points.

What is the purpose of the activities listed on a financial statement?

The activities listed on the statement as well as the financial performance will be used as an indicator to how well the company is being ran and more importantly, the company’s operations. Filing is often required on an annual basis, but this may change from one state to another.

What happens if you don't file a business tax return?

If you don’t file on time, your company may face the following consequences: Penalty fees along with a notice of delinquency. A suspension of your business along with the right to use your entity name. If you plan to continue on with your operations, maintaining a good standing is essential.

Is Rocket Lawyer a lawyer?

This article contains general legal information and does not contain legal advice. Rocket Lawyer is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.

When is a statement of information due?

Please make note that the first Statement of Information filing is due within 90 days of forming your corporation or LLC. All Statements must be filed when it is due even if there has been no changes to the entity. The Secretary of State requires that you confirm the current information filed is still correct.

When is a California corporation statement of information due?

California corporations are required to file a Statement of Information annually. It is due in the same month your business was incorporated in . For example, if your business was formed in August, the Statement of Information filing would be due every year in August.

Can an LLC file a statement of information online?

It is also due in the same month your LLC was formed in. LLC’s can only file the Statement of Information by mail or over the counter. Unfortunately, at this time, the Secretary of State does not give the option to file the form online.

What is a statement of information?

What a Statement of Information Includes. The information that must be provided in a Statement of Information will vary, depending on the regulations of the state that requires it. Typically, a Statement of Information will need to provide information about the business's registered agent and its management or officers, ...

When to use LLC-12?

For all filings other than the initial filing, Form LLC-12 should be used if any changes have taken place since the last filing. If no changes have occurred, then the LLC should file a Statement of Information - No Change ( Form LLC-12NC ).

How often do you have to file an LLC in California?

LLCs in California are required to file an initial Statement of Information using Form LLC-12 and then file again every two years during a specific six-month filing window that is based on the LLC's original registration date.

Do small businesses need to file a statement of information?

Unlike the annual report required of publicly traded corporations by the Securities and Exchange Commission, a small business needs to file a Statement of Information only if it is required to do so by the state in which the business is located.

Is a statement of information the same as an annual report?

And, yes, an annual report and a Statement of Information are two names for the same document. Know what you're responsible for producing. Because a Statement of Information is sometimes called an annual report, there is often some confusion among small business owners about what a Statement of Information actually is.

Do LLCs have to file a statement of information in California?

Because the reporting requirements will vary by state, it may be helpful to explain the requirements of a single state as an example. In California, both corporations and LLCs are required to file a Statement of Information. The California Secretary of State offers additional relevant details and the form for the Statement of Information.

How long does it take to file a statement of information?

Must file a complete Statement of Information within the first 90 days of filing the Articles of Incorporation, after which a Statement of Information is due every year. See Filing Schedule.

When do unincorporated associations file a statement?

Every Unincorporated Association formed to manage a common interest development must file a Statement by Common Interest Development Association, biennially, in the month of JULY every odd year.

When is a California corporate disclosure statement due?

Due Date: Every registered Domestic and Foreign Publicly Traded Corporation must file with the California Secretary of State a Corporate Disclosure Statement (Form SI‑PT) annually, within 150 days after the end of its fiscal year. This form may be submitted using eForms Online.

Get Started

Once you’ve downloaded and completed the appropriate form from www.sos.ca.gov simply click the button below and leave the rest to us!

How much will it cost?

We offer upfront flat rate fees that include everything you need to get it filed. This means there will be no hidden costs or unexpected charges. Fees will vary depending on what services you select as well as what level of service you desire.

What is a Statement of Information?

California law requires corporations, limited liability companies and common interest development associations to update the records of the California Secretary of State on an annual or biennial basis by filing a statement.

What You Need to Know

An LLC Statement of Information filing is due within 90 days of forming your LLC.

Are You Behind on Filing?

If you are behind on your LLC Statement of Information Filing click here to get it filed today. A plain copy of the document can be emailed to you. If you need a certified copy of the document call us at 916-480-1225. We can request a certified copy of the Statement of Information for you.