The Annual Report is used to update or confirm the Florida Department of State, Division of Corporations’ records. The data displayed on the entity’s online Annual Report form is the most current data on file with the Division of Corporations. An Annual Report must be filed each year for a business entity to maintain an “active status” with the Department of State. The Annual Report is required regardless, whether a business needs to make changes or not. All filing data must be reviewed for accuracy, even if the structure or individuals associated with the entity have not changed.
Annual Reports are due each year between January 1st and May 1st. All Florida profit corporations, limited liability companies, and limited partnerships will be assessed a $400.00 late fee after May 1st which cannot be waived. Go to the Division of Corporations’ website, www.sunbiz.org and file today.
If the report is filed by May 1st, the Annual Report filing fee is as follows: $150 for a profit corporation; $61.25 for a not for profit corporation; $138.75 for a limited liability company; and $500 for a limited partnership or limited liability limited partnership. If paying by check or money order, the payment voucher and check or money order must be postmarked and mailed on or before May 1st. Payment may be made online by credit card (VISA, MASTERCARD, AMERICAN EXPRESS or DISCOVER), debit card (with a VISA or MASTERCARD logo), or Sunbiz E-file Account (a pre-established Department of State payment account).
Failure to file an Annual Report by the 3rd Friday of September will result in the administrative dissolution or revocation of a business entity at the close of business on the 4th Friday of September. Administratively dissolved or revoked entities may be reinstated by submitting the appropriate reinstatement application and the appropriate fees due at the time the entity applies for reinstatement. Names of administratively dissolved or revoked business entities are made available to other parties after one calendar year.
If you need assistance, we offer Annual Report preparation and filing as well as full corporate services to businesses of all sizes. Please call today or contact our office to schedule an appointment for a FREE CONSULTATION for select matters.