In Florida, if you own a Limited Liability Company (LLC), you must pay the state an annual fee. By May 1st of each year, this fee is due. The charge might be anything between $138.75 and $500 depending on the sort of LLC you have. You risk fines, penalties, and even the termination of your LLC if you don’t pay this cost.
You can use the Florida Department of State’s website to pay the annual fee for your Florida LLC online. To make the payment, you must have your LLC’s document number or Federal Employer Identification Number (FEIN). If you’d rather send payment by mail, send a filled-out Annual Report form to the address provided on the form along with a check or money order made out to the Florida Department of State.
LLCs in Florida must file an annual report in addition to paying the yearly fee. The annual report gives the state details about your LLC, including the members’ and managers’ names and addresses. Annual Report forms can be mailed in with the report or submitted online through the website of the Florida Department of State by May 1st.
You will want your Florida LLC’s FEIN or document number in order to submit an annual report online. Once logged in, you may submit your report by following the instructions on the Florida Department of State’s website. You can download the Annual Report form from the Florida Department of State’s website, fill it out, and mail it to the address provided on the form if you’d like to file by mail.
The Manager/Registered Agent is referred to by the acronym MGRM on Sunbiz. This person is in charge of running the LLC and/or acting as the company’s registered agent. The individual who has been given permission to accept legal documents on behalf of the LLC is known as the registered agent.
The state of Wisconsin has the right to cancel a corporation’s license to operate in the state if it fails to file its annual report and pay its fees. The corporation would then have to submit an application for reinstatement and pay all fines and costs owed to the state in order to reclaim its business license. The yearly report and fee payments for your corporation must be current in order to avoid a time-consuming and expensive process.