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People also ask
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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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How long is a statement of Information good for?
Purpose of the California statement of information You must file the Statement of Information every 2 years for your corporations or limited partnership. You must file every year for a limited liability company. Some states call the Statement of Information an annual or biennial report.
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What happens if a statement of Information is late?
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 a statement of Information for LLC?
In California a business's annual report is called the Statement of Information. It's a required filing that keeps the state updated with information about participants in the company. It must be filed on time, and the penalty for being late is hefty: $250, versus the filing fee of up to $25.
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Does a statement of Information expire?
A Statement of Information must be filed either every year for California stock, cooperative, credit union, and all qualified out-of-state corporations or every two years (only in odd years or only in even years based on year of initial registration) for California nonprofit corporations and all California and ...
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How do I know when my statement of Information is due?
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. If the registration occurred in an odd- numbered year, the periodic filing is due every odd year.
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Who needs to file a California statement of Information?
Every corporation and limited liability company is required to file a Statement of Information either every year or every two years as applicable.
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How do I know if my statement of Information is due?
In California, the annual filing (Statement of Information) is not due on a specific date. Rather, it must be filed every two-years during a six-month”filing window”, which is based on the month the LLC was formed. If the LLC was formed in an even year, the form is due every even year.
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