An annual report of a Florida Company is used to update or confirm the Company’s records to 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 your business entity to maintain an “active status” with the Department of State. The annual report is required whether you need to make changes or not.

The annual report is due by May 1st of each year. A $400 late fee will be imposed on all profit corporations, limited liability companies, limited partnerships, and limited liability limited partnerships which fail to file their annual reports on or before May 1st. Not for profit corporations are not subject to the $400 late fee.

Further, your Company in Florida requires you have a registered agent, which must comply with certain Florida laws. A registered agent can be a person or business entity.  However, a business entity cannot serve as its own registered agent, but an individual or principal associated with the business (i.e., owner, officer, director, member, manager, director, etc.) can serve as the registered agent. Any business entity serving as a registered agent must have an active filing/registration on the records.

If you need help with filing your annual report or are looking for a registered agent for your company, contact us today, we would be happy to help.

Source: Florida Department of State a/k/a Sunbiz