If you've formed or are considering forming a business entity in California, such as an LLC, Corporation, or Nonprofit, you'll encounter the Statement of Information. This document is a critical annual or biennial filing required by the California Secretary of State (SOS) to maintain your business's good standing. It serves as an official record, providing up-to-date contact and operational details about your company to the state and the public. Think of the Statement of Information as your business's ID card with the state. It ensures that authorities and interested parties can readily identify and contact your business. Failing to file this document on time can lead to significant penalties, including suspension of your business rights and substantial fines. Understanding its purpose, contents, and deadlines is paramount for any business operating in the Golden State. Lovie can help ensure this essential step is handled correctly, allowing you to focus on running your business.
Start your formation with Lovie — $29/month, everything included.