Understanding California's Statement Of Information
Each year, the California Secretary of State sends your corporation/LLC a “Statement of Information” form which you are required to fill out and return along with a nominal filing fee (typically $25 for corps, $20 for LLC’s). The information sought is very simple: current address, officers, directors or managers and name and address of agent for service of process.
If you fail to return the form on time, the fee jumps to $250 or more. And if you become too delinquent, the Secretary of State may suspend your corporation/LLC. To avoid these results, make sure the Secretary of State has your current information.
If any of the information for your entity is no longer accurate, please contact our corporate paralegal, who will help you update your company’s data. If you move or have changed agents for service of process, you must notify the Secretary of State or else your Statement of Information may be sent to your old address and may not be forwarded by the USPS to you. This has resulted in a few of our clients having to pay $250 for failure to file their statement of information in a timely manner.
We also recommend that you also enclose a self-addressed stamped envelope and a cover letter along with your statement of information and filing fee. The letter should request that the Secretary of State send you a file stamped copy of your statement of information. When you receive it, you should put the file stamped copy in your corporate minute book.
Or, you can comply the easy way. When you receive your statement of information, sign and date it and send it to our office. We will update all of the information, write the Secretary of State, provide the SASE and advance the filing fee.
When we receive the file stamped copy, we will put the original in your minute book and send you a copy for your files. The total cost, including the filing fee can be verified by contacting us at 888-714-1738.