Annual Report for a Florida LLC
The annual report is used to keep your business records updated with the state of Florida. Your Florida LLC’s annual report must be filed each year for your company to maintain an “active status”.
- When is the annual report due?
The report must be filed every year and is due between January 1st and May 1st.
A non-negotiable $400 late fee is imposed if you forget to file your Annual Report by May 1st.
If this is your first year filing an annual report, annual reports are due between January 1st and May 1st of the calendar year following the year of formation.
For example: If your Florida LLC was formed on April 1st, 2010, your first annual report would be due between January 1st and May 1st of 2011.
- How much does the report cost?
If your Florida LLC’s annual report is filed before May 1st, the fee is $138.75
If you file after May 1st you will be charged the non-negotiable late fee of $400 and end up paying $538.75. Since you have between January 1st and May 1st to file, we recommend filing as early as possible so that you are not late.
The state of Florida does send out “annual report reminder notices” to the email address you listed when you formed your LLC, but even if you don’t receive the reminder notice, it is still your duty to file.
We recommend setting a repeating reminder on your phone, email, or outlook calendar so that you can be automatically reminded each year.
Or when it’s time to make your New Year’s resolutions, it’s also time to file your annual report :)
- What happens if I don't file?
Failure to file an annual report by the 3rd Friday of September will result in the administrative dissolution or revocation of your LLC. Simply put, they will shut down your LLC.
If you wish to stay in business, don’t forget to file your annual report.
- Can I make changes on the report?
Yes, the purpose of the annual report is to confirm or update your records with the state of Florida. The annual report will allow you to:
- add, delete, or change the names and/or addresses of LLC members
- change the registered agent and registered agent’s address
- change the principal office address and/or mailing address of the LLC
- add or change your EIN, Employer Identification Number, also known as your Federal Tax ID Number
The annual report will not allow you to change the name of your LLC. If you wish to change the name of your LLC, you must file what is known as an “Amendment”.
- What are my payment options?
Payment may be made online by credit card or debit card.
If you are paying with a credit card, you must use a Visa, Mastercard, American Express, or Discover.
If you are paying with a debit card, your card needs to have a Visa or a Mastercard logo on it.
Although credit and debit cards are the quickest, you can also pay with a check or money order by using a “payment voucher”.
All of the payment options will be discussed in our online LLC Formation Course.
- How long will it take to process?
If you pay using a debit or credit card, your payment and your annual report will be processed within 24 hours.
If you pay by mail with a “payment voucher” and check or money order, your payment and report will be processed within 3 weeks.
- How do I get a copy?
If filing online, you can download a copy of your Annual Report on the state’s website within 24-48 hours after filing.
If you paid by mail with a check or money order, please allow 3 weeks.
Learn How to Form Your Own Florida LLC
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