A chosen person or business is a registered agent when it comes to receiving legal documents and other official correspondence on behalf of a firm. In Wisconsin, a registered agent is a legal requirement for all corporations and Limited Liability Companies.
In order to accept service of process, the registered agent must have a Wisconsin street address and be accessible during regular business hours. As a result, the LLC or corporation will get critical legal documents including lawsuits, subpoenas, and other formal notices in a quick manner.
In order to keep their status in good standing, LLCs and companies in Wisconsin are required to submit an annual report to the Department of Financial Institutions (DFI). The corporation may be administratively dissolved if the annual report is not submitted by the deadline, which implies it is no longer considered to be legally operational.
LLCs and corporations must submit their annual reports on time to avoid administrative dissolution. The filing price is $40 for corporations and $25 for LLCs. You can submit the annual report by mail or online.
The corporation must submit an annual report to the DFI by the deadline in order to renew an LLC in Wisconsin. The company’s legal name, information regarding the registered agent, and current postal address must all be included in the annual report.
Restoring a Wisconsin LLC that has been administratively dissolved
An application for reinstatement must be submitted to the DFI if an LLC in Wisconsin has been administratively disbanded. A justification for the dissolution, evidence that the annual report and all fees have been filed and paid, and a certificate of good standing from the Wisconsin Department of Revenue are all required to be included with the application.
Changing an LLC’s Name in Wisconsin
An LLC in Wisconsin must submit Articles of Amendment to the DFI in order to change its name. The current name of the LLC, the new name, and a declaration that the change has been approved by the LLC’s members or managers must all be included in the Articles of Amendment.
A registered agent is crucial in ensuring that an LLC or business receives vital legal documents and other official correspondence in a timely manner. In order to retain good standing and prevent administrative dissolution, it is critical for corporations and LLCs in Wisconsin to stay current with yearly reports and other filings. An application for reinstatement must be submitted to the DFI if an LLC is administratively dissolved. Last but not least, Wisconsin LLCs can rename themselves by submitting Articles of Amendment to the DFI.
You can submit an annual report in Wisconsin online by visiting the website of the Wisconsin Department of Financial Institutions. You must include your company name, BIN (business identification number), and the filing year. The report filing fee can be paid online using a credit card or an electronic cheque. You can download a paper form from the website and mail it in together with a cheque or money order for the filing fee if you’d rather file by mail. It’s crucial to keep in mind that yearly reports must be submitted by March 31 of each year.