Form LLC 12 CA Gov
What makes the form llc 12 legally binding?
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Quick guide on how to complete form llc 12 ca gov
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People also ask
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Do you have to file a statement of Information in California?
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 ...
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What happens if you don't file a statement of Information in California?
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.
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What is the penalty for filing a statement of Information late in California?
Penalties for Late Filings 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.
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How often do I need to file an LLC-12 in California?
The periodic filing is due every two years based on the entity's registration date. If the registration occurred in an even- numbered year, the periodic filing is due every even year.
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Why is a statement of Information important?
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.
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How much does it cost to file an LLC-12?
You'll pay two filing fees with your LLC application in California: $70 fee to file articles of organization with the California Secretary of State's office. $20 fee to file a Statement of Information, Form LLC-12, with the California Secretary of State.
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Is there a grace period for statement of Information in California?
What happens if a statement of information is not filed? If you forgot to file your Statement of Information, don't panic. You have a 60-day grace period after your due date to file your California Statement of Information without a late fee.
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What is LLC-12?
Form LLC-12 helps the state to track changes in addresses, agents, managers, and members of Limited Liability Companies. The form, formerly called LLC-12R, is also known as the Statement of Information, or SOI, form. The California Secretary of State requires all LLCs to submit this form every two years.
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