What is a California Statement of Information? A Statement of Information (SOI), also referred to as an Annual Report, is
a document that the Secretary of State requires all LLCs to submit, biennially (every two years)
. This form is required regardless of whether the LLC has been actively conducting business or not.
What is California initial 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.
What does Statement of Information mean?
A Statement of Information is
information that a company files to divulge the business's activities over the previous year
. It's information that shareholders and others with an interest in the business find the most use for.
How often do you file a Statement of Information in California?
A Statement of Information must be filed either every year for stock, cooperative, credit union, and all foreign corporations or
every two years
(only in odd years or only in even years based on year of initial registration) for domestic nonprofit corporations and all limited liability companies.
Who is required to file a statement of Information in California?
Thereafter, California law requires
all corporations, limited liability companies, nonprofit corporations, and common interest development associations
to update the records either every year or every two years based on year of registration by filing a statement and submit the filing fee.
What is a statement of Information used for?
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 states require 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 …
What is an initial statement of Information?
What is a California Statement of Information? A Statement of Information (SOI), also referred to as an Annual Report, is a document that
the Secretary of State requires all LLCs to submit, biennially (every two years)
. This form is required regardless of whether the LLC has been actively conducting business or not.
Is Statement of Information required?
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.
What is a certified statement of information?
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.
Can I be my own registered agent in California?
You can be your own registered agent in California, but you'
ll have to list your name and address in the public record
. … Hiring a registered agent keeps your information out of the public record.
Can I be my own registered agent?
A registered agent is simply a person or entity appointed to accept service of process and official mail on your business' behalf.
You can appoint yourself
, or in many states, you can appoint your business to be its own registered agent.
What is the agent for service of process in California?
An “agent for service of process” (sometimes simplified to agent) is
an individual or a corporation that is designated by a business entity for the purpose of receiving official legal documents
, such as lawsuit papers, subpoenas, and other official legal documents.
Is the statement of information the same as Articles of Organization?
California LLC Statement of Information
A California LLC files an Initial Statement of
Information within 90 days after filing its Articles of Organization
, and every two years after that. If you form your company in an even-numbered year, then you file your LLC Statement of Information in even-numbered years only.
What is a statement of information title?
The statement of information is
a one page document which requests the party's name, date of birth, social security number, current and previous addresses etc
. Who requires the Statement of Information? The Title Company of record requires this completed form to ensure successful and expedient transfer of title.
