The time requirements for business entities to file Florida annual reports have been suspended and adjusted from the standard May 1st and “tolled until June 30, 2020.”
This is pursuant to Executive Order No. 20-52 and Florida Department of State Emergency Order, signed March 27, 2020. Any profit corporation, limited liability company, limited partnership or limited liability limited partnership annual report filing will have until 12:01 am Eastern Time on July 1, 2020, before a $400 late fee is assessed. Nonprofit corporations are not subject to the late fee.
The report must be filed electronically online by the deadline each year to maintain “active” status. Further, if you do not file an annual report your business entity could be administratively dissolved or revoked in Florida’s records.
Administratively dissolved or revoked entities may be reinstated, but it requires submitting a reinstatement application and paying all associated fees (the reinstatement fee + annual report fees due) at the time of submission.
What is the Annual Report:
The Annual Report updates or confirms the Florida Department of State, Division of Corporations’ records. It is still required whether or not you need to make any changes to your original information. It is not a financial statement.
The annual report for Florida Profit Corporations must include the company name, date of formation, tax ID number, principal office address, mailing address, name and address of the registered agent and name and address of the directors and principal officers.
The annual report for Florida LLC’s must include the company name, date of formation, tax ID number, principal office address, mailing address, name and address of the registered agent and name and address of the managers and/or members.
Filing your Annual report is a great opportunity to:
- Add, delete, or change the names and/or addresses of the officers, directors, managers, authorized members; and make changes to addresses only for any general partners.
- Change the registered agent and registered office address.
- Change the principal office address and mailing address for the business entity.
- Add or change the federal employer identification number.
NOTE: The annual report does not permit you to change the name of your business.
It is always good to keep in mind that, any information you submit on an annual report will be part of the public record and made available for public view on the Division’s website.
Contact us if you have any questions or need assistance with filing your FL Annual Report.