Every ten years, all corporations with state registrations must submit a decennial report to the Pennsylvania Department of State. To continue to be in good standing with the state, you must submit this report. Note that the decennial report is distinct from the annual reports that all Pennsylvania corporations are required to submit.
The good news is that you may submit the decennial report online. Corporations can submit their decennial report online through the Pennsylvania Corporation Bureau, an online gateway run by the Pennsylvania Department of State. Businesses can submit their annual reports and other required documentation online using this service.
The corporation must have a Pennsylvania Corporation Bureau account in order to submit the decennial report online. Visit the Department of State website to create an account if the corporation doesn’t already have one. The company can log in and submit their decennial report once their account has been setup. For the filing fee, the Department of State accepts credit cards.
Pennsylvania corporations may eventually need to disband their corporation in addition to the decennial report. A corporation must submit Articles of Dissolution with the Pennsylvania Department of State in order to dissolve in Pennsylvania. Through the portal of the Pennsylvania Corporation Bureau, this can also be done online. Information like the cause of the dissolution and the dissolution’s effective date must be provided by the corporation.
There are particular guidelines that must be followed if the corporation is a professional corporation in Pennsylvania. A professional corporation is a business that offers expert services like law, medicine, or accounting. A licensed professional must be a shareholder in these corporations, and specific paperwork needs to be submitted to the state.
It is significant to remember that a PA corporation and a Florida corporation are not the same thing. A Pennsylvania corporation is governed by Pennsylvania state law and must be registered with the Pennsylvania Department of State. A Florida corporation is governed by Florida state law and must be registered with the Florida Department of State.
And last, a Pennsylvania LLC’s address may be a PO Box. The LLC must, nonetheless, also offer a physical location where legal papers can be delivered. This physical address may be either the registered agent’s address or the location where the LLC is physically located.
Finally, the Pennsylvania Corporation Bureau portal allows Pennsylvania corporations to electronically submit their decennial report. Companies can submit annual reports and other required papers using the platform. Professional corporations must adhere to specified rules, and if they need to dissolve, they must file Articles of Dissolution. Pennsylvania corporations differ from Florida corporations, and a Pennsylvania LLC’s address can be a PO Box.
It’s crucial to think about a registered agent’s accessibility, dependability, and legal document handling expertise before selecting one. The agent you select should also have a physical address in the state where your business will be conducted because they will be in charge of receiving and delivering crucial legal and tax paperwork on your behalf. You should also think about the registered agent’s fees because they can change based on the quality of the services.