How do I file for a new business entity?
There are a number of ways to file your paperwork. You can go to the Secretary of State’s office, fill out the paperwork, pay the filing fee and wait for processing. Many states also allow forms to be mailed, but some do not. Most states allow online filing making a streamlined service like New Business Filing available to save you time.
Do I need to incorporate my business?
Your child’s lemonade stand may (or may not) be free of the worries of debt and litigation, but if you plan to do any significant business, then you probably need an LLC or some other form of registered structure to protect your personal assets from the liabilities of the company. If you are still not sure, consult an attorney or accountant.
Can I file directly with the California Secretary of State?
Yes, you can by going directly to bizfileonline sos ca gov. This is the California Secretary of State website. Click on the link to file directly with them. bizfileonline.sos.ca.gov
What is an annual report?
Annual reports are required business filings, typically made with the secretary of state. In most states, companies submit any changes to their address, ownership and officers, and registered agent. Some states require additional information about revenue, assets, stock, and paid-in capital.
Tracking due dates in multiple states and filing on time is often challenging. A company that registers in multiple states will have due dates at different times throughout the year. In some states, they may be required to file every two years (biennially).
Companies spend countless resources managing annual reports on their own. Tracking deadlines, gathering information, navigating forms and online filing portals, and submitting reports on time requires constant attention throughout the year. The complexity only increases for companies with multiple entities or that register in multiple states. Furthermore, most companies rely on spreadsheets, calendar reminders, and file folders to manage their annual reports.