The District of Columbia (DC) biennial report may be familiar to business owners there. All entities registered with the DCRA (Department of Consumer and Regulatory Affairs) are required to file it. We’ll get into what a DC biannual report is, why it’s necessary, and how to file it in this article. We’ll also go over related topics including how to tell whether you’re in good standing in DC, what a BRA-25 biannual report is, and how much it costs to incorporate in DC. Describe the DC Biennial Report. All entities registered with the DCRA are required to submit a DC biannual report. The term “biennial” refers to the fact that it is filed every two years. Using the report, the DC government can monitor registered organizations to make sure they’re following the DC Code. It includes the entity’s name, address, registered agent, executives, and directors, among other essential details. The DCRA’s CorpOnline system must be used to submit the report online. A BRA-25 Biennial Report is what, exactly? An exclusive sort of biannual report needed only by domestic nonprofit entities in DC is a BRA-25 biennial report. “Business Registration and Licensing Division,” a department of the DCRA, is known as BRA. The report is known as BRA-25 since Form BRA-25 needs to be submitted with it. The BRA-25 report, which is issued every two years and includes fundamental details regarding the nonprofit corporation, is similar to the ordinary biennial report in that respect.
How to Determine Your Status in Washington, D.C. You can verify your entity’s status on the DCRA’s CorpOnline portal to see if you are in good standing in DC. The status of your entity is “Active,” which indicates that you are in good standing. If the status of your entity is “Delinquent,” you have either missed a filing date or failed to make a fee payment. Additionally, you can ask the DCRA for a Certificate of Good Standing, a legal document that attests to the legitimacy of your organization.
A biennial report’s objective is to notify the DC government on registered entities and guarantee their adherence to the DC Code. Entities certify that the information they have on file with the DCRA is true and current by filing the report. Since there is a filing fee involved, the report also serves as a mechanism for the DC government to make money. How Much Does It Cost to Form an LLC in Washington, D.C.? The sort of entity you’re forming and the method of filing will determine how much it will cost to incorporate in DC. A domestic for-profit corporation must pay a $220 online filing charge and a $240 postal filing cost. For a domestic nonprofit corporation, the filing fee is $100 if submitted by mail or $80 if submitted online. For services like expedited processing or others, there can be extra costs. It’s crucial to remember that the costs associated with incorporating and filing a biannual report are different.
In conclusion, all entities registered with the DCRA are required to file the DC biannual report. It gives the DC government a mechanism to monitor registered entities and make sure they abide by the DC Code. Only domestic nonprofit corporations in Washington, DC, are required to submit the specific sort of biannual report known as the BRA-25. You can check your entity’s status on the DCRA’s CorpOnline system or ask for a Certificate of Good Standing to find out if you are in good standing in DC. A biennial report’s objective is to notify the DC government on registered entities and guarantee their adherence to the DC Code. The sort of entity you’re forming and the method of filing will determine how much it will cost to incorporate in DC.
Access DC is a program that offers money to qualifying District of Columbia residents so they can pay their utility bills. The initiative is made to make it easier for low-income households and people who are struggling financially to obtain necessities like water, gas, and electricity. The Department of Energy and Environment oversees Access DC, which offers help all year long.