Corporations, nonprofits, cooperatives, and LLC businesses in Visalia, CA will need to file a Statement of Information with the State of California either annually or biannually to keep their organization in good standing. You can file your statement of information online in California, which can simplify the process and keep you ahead of the deadline.
What Is the California Statement of Information?
In the state of California, the Statement of Information is the same as an annual report. It provides vital information about your business in Visalia and is required to keep your business entity in good legal standing. A statement of information contains the basics including the names of business owners, current addresses, and the nature of your business. Along with the required filing fee, it can be submitted online or mailed directly to the Secretary of State.
Who Needs to File a Statement of Information in Visalia CA?
All businesses in Visalia, CA are generally required to be up to date with their California statement of information online filing in order to operate in the San Joaquin Valley. This requirement applies to:
- Limited liability companies (LLCs)
- Nonprofit organizations
- Agricultural cooperatives
- Corporations
- Registered foreign corporations conducting business in California
When Should I File My California Statement of Information?
Your business in Visalia, CA must file an initial statement of information within 90 days of forming your company or entity. After that, corporations and agricultural cooperatives must file every year, while LLCs and nonprofits file every two years. You will file in the calendar month that you first formed your business and can submit your statement of information as much as six months in advance.
What Information Is Needed to File a Statement of Information in Visalia?
You will need some basic information to complete your California Statement of Information filing online. California allows you to use an approved filing service to make the process easier, or you may file directly with the Secretary of State’s office.
You will need to know:
- The name and state-issued entity number of your business
- The physical and mailing addresses for your principal executive offices
- The names and addresses of managers and members of an LLC
- The names and addresses of officers and directors of a corporation
- The name and address of the Agent for Service of Process
- A brief description of the nature of your business in Visalia, CA
Late Fees and Penalties for Not Filing a CA Statement of Information
The state of California will send a reminder about three months before your statement of information is due. If you fail to file on time, you may be charged a late fee of $250 and will have 60 days to file after you become delinquent. If you do not complete your filing, your business organization may be suspended or dissolved by the State of California.
If your business is suspended or dissolved, you will lose liability protections and are not permitted to do business in the state. It is very important to file your California business statement of information, and there’s no reason to wait for notification postcards to arrive. If your due date is in the next six months, you can file online in just a few minutes and avoid the hassle and headaches of becoming delinquent.
Complete Your Visalia Statement of Information Today
You can file a statement of information online in California and take care of your business filing obligations today. With the FastFilings online portal, you can complete the required information in just a few minutes, and rest assured that it will be securely filed with the Secretary of State. For a small additional fee, you can keep your business in good standing and keep building your bright future in Visalia, CA.