Statement of Information Definition

If your state requires you to register your business with one of its governing agencies, you might need to file a periodic Statement of Information to keep your business compliant. There are many different documents that have the name Statement of Information, but the Statement of Information business definition normally has to do with filing reports with the government to stay legally compliant. 

What is a Statement of Information?

The Statement of Information definition can differ depending on where you are. This is often a document that keeps the state informed about your business’s important registration information. A Statement of Information also gives the state updates after certain business information changes. 

It varies by state, but the information you need to provide in a Statement of Information could include:

• The name and address of your registered agent
• The address of your principal office
• The names and contact information of your management team 
• The names and contact information of your owners
• Information about your corporate shares
• Information about the purpose of your business
• Notices about legal actions against your business or its owners

How often you have to file a Statement of Information depends on your state as well. Many states require businesses to file this information yearly, or every other year. 

The due dates for these reports can be strict and specific. And you don’t want to neglect your duty to timely file your Statement of Information. Disadvantages of failing to file a Statement of Information can be penalties and possible termination of your business by the state. 

You don’t have to worry about making due dates when you use our Worry-Free Compliance Service. Our service keeps track of your business’s compliance deadlines, and we handle two business amendments per year for you.

Other Names for a Statement of Information

Your state might call a Statement of Information an Annual Report. Statements of Information and Annual Reports can be required for many different business entities, including:

• Corporations
• Limited liability companies
• Limited Partnerships
• Limited liability partnerships

If you’re starting a limited liability company (LLC) or corporation, we can help you get it started quickly. Our LLC Formation and Corporation Formation services can make starting your own business easy. Our services can also help you understand what documents are typically required for running a legally compliant LLC or corporation in your state.

Whether your state calls it an Annual Report or a Statement of Information, you can use our Annual Report Service to help fulfill your LLC’s or Corporation’s reporting obligations.

Properly filing a Statement of Information can be vital to keeping your business open

While a Statement of Information definition and name can change from state to state, the document is often crucial to remaining in good standing with your state. A Statement of Information provides crucial information about the location, ownership, and status of your business. 

We can help

With our Worry-Free Compliance and Annual Report Services, we can help you easily stay on top of your business reporting obligations. We can also help you start your business and keep it running smoothly with our various business formation and maintenance services. We can make it easy to see your business dreams come true.