FileBizOnlineWhat happens if you miss the deadline
A missed Statement of Information isn't just a late form — here's what's actually at stake.
California corporations that don't file a Statement of Information on time can be assessed a penalty by the Franchise Tax Board — historically $250 — separate from anything owed to the Secretary of State. Amounts are set by the state and can change, so treat any figure you see, including this one, as a starting point to verify rather than a guarantee.
Beyond the penalty
Left unresolved long enough, a corporation that repeatedly fails to file can be suspended by the Franchise Tax Board or the Secretary of State. A suspended corporation loses its rights to do business in the state, including the ability to bring a lawsuit, until it's brought back into good standing — a much bigger problem than the original form.
If you're already late
Filing late is still better than not filing. There's no benefit to waiting once you notice a filing is overdue — the fastest path back to good standing is submitting a correct Statement of Information as soon as you can.