You must submit an annual report to the Wisconsin Department of Financial Institutions (DFI) if your LLC is registered with the state of Wisconsin. Failure to comply with this legal requirement may result in penalties, fines, and possibly the dissolution of your LLC.
Basic details about your LLC, like its name, address, registered agent, and the names and addresses of its members, are requested in the annual report. You will also be required to give a succinct rundown of the operations of your LLC.
The end of the month that your LLC’s creation anniversary falls in is when you must file your annual report in Wisconsin. The annual report is required each year by July 31st, for instance, if your LLC was established on July 15th.
You have two options for submitting your annual report: online through the DFI website, or by mail. The quickest and most effective way to submit your annual report is online. You must register for an account on the DFI website and give the name, filing number, and registered agent of your LLC.
In Wisconsin, the yearly report filing price is $25. The Wisconsin Department of Financial Institutions may be made the beneficiary of a cheque or money order sent by mail or paid online through the DFI’s website.
In Wisconsin, renewing your LLC is a different process from submitting your annual report. Every two years, the renewal process requires you to submit a statement of information to the DFI. This document offers updated information, including the names and addresses of your LLC’s members, and attests to the fact that your LLC is still in operation.
In conclusion, it is critical to complete your annual report on time and maintain good standing with the state if your LLC is registered in Wisconsin. The annual report is a straightforward form that may be submitted online for about $25. If you don’t submit your annual report, you risk fines and potentially the termination of your LLC.
You can submit your LLC’s annual report online through the website of the Wisconsin Department of Financial Institutions. Between the first day of the anniversary month of the LLC’s establishment and the end of the third month that follows, the annual report may be filed at any time. The name, address, and registered agent of the LLC, among other details, must be provided. The yearly report must be filed, and there is a cost that can be paid online.