Instructions for Completing Statement of Information
This file provides essential instructions for completing the Statement of Information (Form SI-550) required for corporations in California. It details filing periods, fees, and requirements for maintaining good standing with the Secretary of State. A must-have resource for business owners to ensure compliance with state regulations.
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How do I fill this out?
Filling out the Statement of Information involves a few clear steps. Start by entering the corporation's name as it appears on file. Ensure that all addresses and officer information are accurately provided.
How to fill out the Instructions for Completing Statement of Information?
1
Enter the exact name of the corporation as filed.
2
Provide the 7-digit file number from the Secretary of State.
3
Fill in the principal office address and mailing address if different.
4
List the names and addresses of the corporation's officers.
5
Designate the Agent for Service of Process with a physical California address.
Who needs the Instructions for Completing Statement of Information?
1
Corporation owners who are registering their business in California.
2
Registered foreign corporations needing to update their information.
3
Nonprofit organizations completing necessary state filings.
4
Agricultural cooperatives operating within California.
5
Anyone involved in corporate governance and compliance.
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What are the instructions for submitting this form?
To submit the Statement of Information, mail it to the Secretary of State, Statement of Information Unit, P.O. Box 944230, Sacramento, CA 94244-2300. Alternatively, you can deliver it in person at the Sacramento office located at 1500 11th Street, Sacramento, CA 95814. Be sure to include the necessary fees and ensure your form is complete to avoid processing delays.
What are the important dates for this form in 2024 and 2025?
Filing deadlines typically occur within 90 days of the registration date and each year thereafter based on the month of registration. Corporations should be aware of the specific 6-month filing periods to ensure compliance. Important reminders include checking current deadlines and fees on the California Secretary of State's website.
What is the purpose of this form?
The Statement of Information (Form SI-550) serves a vital role in ensuring that California corporations uphold their legal and operational responsibilities. It provides the Secretary of State with current and accurate information regarding the corporation's management and business activities. This form not only maintains corporate compliance but also protects public access to corporate data.
Tell me about this form and its components and fields line-by-line.
- 1. Corporation Name: Exact name as registered with the Secretary of State.
- 2. File Number: 7-digit file number issued by the Secretary of State.
- 3. Principal Office Address: Complete address of the corporation's principal executive office.
- 4. Mailing Address: Mailing address if different from the principal office.
- 5. Officer Information: Names and addresses of the corporation's key officers.
- 6. Agent for Service: Detailed information of the designated agent for service of process.
- 7. Business Type Description: Type of business activity the corporation engages in.
What happens if I fail to submit this form?
Failing to submit the Statement of Information can result in penalties and the potential forfeiture of the corporation's rights to conduct business in California. Additionally, failure to keep files current may lead to an inability to access certain legal protections and benefits. It is critical for corporations to adhere to filing deadlines to avoid legal complications.
- Penalties: Late submissions can incur fines and penalties.
- Legal Status: Failure to file may result in forfeiting the corporation's ability to do business.
- Compliance Issues: Not filing can complicate relationships with banks and other stakeholders.
How do I know when to use this form?
- 1. New Registration: First-time corporations must file this form within 90 days.
- 2. Annual Updates: Corporations are required to submit updates within specified periods.
- 3. Information Changes: Any changes to corporate officers or address must be filed immediately.
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