What are the corporate filing requirements?
In California, corporations must comply with certain state filing requirements in order to legally exist and conduct business. These requirements include filing a Certificate of Incorporation with the California Secretary of State, obtaining a corporate ID number from the Franchise Tax Board, and obtaining a Doing Business As (DBA) permit/business license. In addition, California corporations are required to maintain current Statement of Information filings and prepare and file annual reports with the California Secretary of State. The Statement of Information must be filed within 90 days of the date the corporation was formed and within 90 days of the anniversary date of the formation of the corporation. The annual report must be filed by the end of the anniversary month of the corporation’s formation. Corporations must also complete state and federal taxes where applicable and must submit the necessary forms on time in order to remain in compliance with both state and federal laws. Furthermore, corporations must adhere to all regulations under the California Corporations Code, including the issuance and transfer of shares, securities, and capital accounts. Overall, corporations in California must adhere to a number of state filing requirements in order to remain in compliance and legally exist and conduct business. Failure to comply with state and federal filing requirements may result in fines or other legal action against the corporation.
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