If you've been following the
Sacramento Bee's investigation into the long wait time for business registration filings at the California Secretary of State's office, you've got a pretty good idea of how frustrating the process can be. There are so many ways submitting a filing can go wrong.
- If there's an error in your filing it will be rejected and you'll need to resubmit it. This means going back to the end of the line and paying additional fees.
- If you need to make up for lost time, you can pay the expensive expedite fee. However, expediting requires delivery by hand to the Secretary of State's office, and if your document has any other errors in it, the process starts all over again and the money you paid to expedite is gone.
- You need to keep track of filing documents on time and in each jurisdiction in which your entity will do business. If you lose track, you may fall out of "Good Standing," and penalties and fines can be assessed and contracts entered into can be invalidated. Further, if there is no service of process address on file, you face the inability to defend in lawsuits and risk the loss of your business name.
Fortunately, there is help available.
CLAS Information Services is a service company for attorneys, corporations, lenders and small business owners, and we handle the process of corporate and LLC formation. We interface with the state, filing and retrieving documents multiple times per day at the California Secretary of State's office. There are many service companies similar to ours that save an applicant time and increased fees for improper filing.
What qualities should you look for in a service company? Your provider should review your documents and be knowledgeable about details that may cause them to be rejected. Look for a provider that specializes in the filings of these documents and understands the requirements in all jurisdictions throughout the country. Your provider should also help you to keep track of future required filings so you can stay in Good Standing.
When you're navigating the complexities of interfacing with the state, one of your best strategies is to seek expert help. For a low fee plus the state's fee, you'll be able to rest assured that from the initial year and every year thereafter, you can remain in Good Standing and protect your company.
If you'd like to learn more, please give us a call at 800.952.5696 or email Christy McCullough at
Christy@clasinfo.com.