Key facts
- LLCs file the Statement of Information (LLC-12) every two years, by the last day of the month the company was formed.
- Corporations file the Statement of Information (SI-550) every year, by the last day of the month the company was formed.
- The state fee is $20 for LLCs and $25 for corporations.
- If it is late: a $250 penalty, then the Secretary of State can suspend the company: it may not do business or defend itself in court.
California at a glance
- LLCs file
- Statement of Information (LLC-12)
- Due
- Every two years, by the last day of the month the company was formed.
- State fee
- $20
- Window opens
- On the first day of the month, 5 months before the due month.
- Corporations file
- Statement of Information (SI-550)
- Due
- Every year, by the last day of the month the company was formed.
- State fee
- $25
- Window opens
- On the first day of the month, 5 months before the due month.
- If it is late
- A $250 penalty, then the Secretary of State can suspend the company: it may not do business or defend itself in court.
As published by the state, summarised by National Filing Corporation. Confirm before you rely on it.
Which form
LLCs file the Statement of Information (LLC-12); corporations file the Statement of Information (SI-550). Both list the company’s addresses, its managers or officers and its agent for service of process. The first one is due within 90 days of formation; after that the cycle below applies.
When it is due
For LLCs, every two years, by the last day of the month the company was formed. For corporations, every year, by the last day of the month the company was formed. The state opens the window six months before, so a company formed in March can file from the start of October.
Which month is yours?
Search your California company to see its formation date and the next Statement of Information due.
If it is late
A $250 penalty, then the Secretary of State can suspend the company: it may not do business or defend itself in court.
A suspended company loses its rights and powers in California until it is revived, and contracts signed during the suspension can be voidable. Filing the overdue statement is usually the first step to revival, with any taxes owed to the Franchise Tax Board.
Questions
Is the Statement of Information the same as the $800 franchise tax?
No. The annual $800 minimum tax is paid to the Franchise Tax Board, separately. The Statement of Information is filed with the Secretary of State.
Do I have to file if nothing has changed?
Yes. The statement is due on its cycle even when every detail is the same as last time.