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FOR IMMEDIATE RELEASE
July 26, 2017
Jesse Melgar or Sam Mahood
SACRAMENTO – Over 25,000 Limited Liability Company (LLC) Statements of Information have been filed online since last month's release of a new online filing tool. Online filing is major component of the Secretary of State’s new business web portal developed by the agency’s IT department. The new LLC Statement of Information portal is part of Secretary of State Alex Padilla’s Digital Initiative to modernize and digitize the agency’s divisions, including the Business Programs Division.
“Rather than standing in line, businesses are now going online to file their LLC Statements of Information,” said Secretary of State Alex Padilla. “In just one month, over 25,000 businesses have used our new LLC Statement of Information e-file tool, streamlining an important business process and saving customers’ time. We are confident that these numbers will only grow as the public moves from paper based filing to the convenience and speed of online filing. This is a key step in changing how entrepreneurs interact with the Secretary of State’s office.”
Limited liability companies now have the option to file their Statements of Information online, including required statements which are due 90 days after registration and every 2 years thereafter during the month of registration. This includes submission of interim statements to update the LLC’s information of record. The online form can be directly accessed at llcbizfile.sos.ca.gov.
In 2016, 375,000 LLC Statements of Information were filed with the Secretary of State's office by mail or in person.
Secretary of State Padilla’s Digital Initiatives also include an enhanced California Business Search tool. California Business Search has more than 10.4 million images of Corporation, LLC and Limited Partnership documents. In the past, individuals and companies would have to request scans of these documents. Requests for copies of business entity records have reduced by 63% in June 2017 compared to June 2016 from 16,789 requests to 6,139 requests.
“With over 10 million business records available online, and thousands more being added each week—it’s never been easier for business owners, the press, and consumers to access the documents they need,” Padilla said. “In the past, if you wanted access to basic business filings related to corporations, LLCs, or LPs, you had to make a formal request and pay a fee—and it could take weeks. California Business Search has led to a dramatic decrease in requests for paper copies of filings, helping the state and customers operate more efficiently.”
An additional 15,000 to 20,000 business entity documents are added to the California Business Search each week.