What Is an Annual Report?
The annual report is a document that helps ensure that your business remains in an active status under the Department of State. Regardless of whether or not you need to make changes to the report, it MUST be filed. Therefore, the information presented in the report will reflect the most current data on file with the Division of Corporations of the Florida Department of State. The deadline to file this report WITHOUT a late fee is May 1.
What If It’s Not Filed?
If your annual report is not filed by the third Friday of September, your business will be considered “administratively dissolved.” However, you could still file your annual report between May 2 and the third Friday of September, BUT you would have to pay a $400 late fee. In order to reinstate your business after it has been dissolved, you would have to pay all the associate fees that come with reinstatement, such as a reinstatement fee and the annual report fee.
Quick Reminder About Making Changes To Your Company
We’d like to remind you that if you have any changes you would like to make to your company, such as changing the owners and managers of the company, NOW is the time to do so! By filing your annual reports with accurate and updated information regarding such details of your company, you can avoid having to pay extra fees that you’d have to pay otherwise if you made these changes outside of the annual report. This is because the annual report is YOUR opportunity to make these changes at no extra cost!
How We Can Help You
As evident, making sure your annual report gets filed is crucial for the sustainment of your business. Because of this, we can help you make sure every annual report you need to get filed gets filed accurately and timely! If you are interested in this service that we provide, you can email us – by doing this, we can offer you more information regarding our annual report filing service and you can then authorize us to provide you this service.
In conclusion, the annual report is a document that must get filed for your companies, and we can help you make sure it gets filed accurately and timely.
M Troncone Team
PS: If you have not filed your income taxes this year, you can apply online for up to a 6-month extension to file it.