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Every California and registered foreign limited liability company must file a Statement of Information with the California Secretary of State, within 90 days of registering with the California Secretary of State, and every two years thereafter during a specific 6-month filing period based on the original registration ...
A Statement of Information is filed to divulge your company's activities over the prior year. This information is often most important to shareholders or other parties that have an interest in your company.
In essence, the California form SI-550 is a document that must be filed by stock corporations, foreign corporations, or agricultural cooperatives to ensure that they declare the mandatory information required by the State of California.
Corporations must file with the California Secretary of State every year, and Limited Liability Companies (LLC) and certain other organizations every two years.
Corporations registered in California are required to file an initial Statement of Information using form SI-550 and then file again every year during a specific six-month filing window that is based on the corporation's original registration date.