It’s officially the new year, which means from now until May 1st you need to file an annual report for your business. If you do not file an annual report by May 1st, you will need to pay a $400 late fee as a penalty. The late fee will keep your business from being dissolved.
During this time of year, there are a lot of scams that go around regarding the annual report filings. These scams do not come from the Florida Secretary of State and they’re trying to get additional money from you. One such scam may ask you for your annual minutes, which is not something that needs to be filed with the Department of State in Florida or any state. This scam will solicit a $125 fee.
The annual report is required and must be filed. By filing your annual report, your business will keep its active status. If the state hasn’t received anything from you by September, your company will be dissolved or revoked.
Before the May 1st deadline, the fee to file an annual report for a corporation is $150 and $138.75 for a limited liability company. After May 1st, the fee for a corporation will cost $550 and a limited liability company will cost $538.75. As you can see, $400 was added to each amount.
When you file the report, you can also update and change names of officers, directors, managers and managing members; physical and mailing addresses of the company, the registered agent and registered office address; and the federal employers identification number of your company.
If you made an error in your changes, you will have to file a $35 amendment.
You can file and complete an annual report at c at www.sunbiz.org.
Need help filing your annual report? Have questions about the filing? Looking to get a contractor’s license? We can help you! We are a Florida contractor’s licensing company. We are happy to answer all your questions to keep your business running or get you licensed.
To get your contractor license, click our Florida contractor’s license page or call us at 239-777-1028 with any questions about a contractor license or annual report filing.