FL LLC Annual Report: Everything You Need to Know
A Florida LLC Annual Report updates and confirms the information that the Florida Department of State has on file about your LLC. 3 min read
What is a FL LLC Annual Report?
A Florida LLC Annual Report updates and confirms the information that the Florida Department of State has on file about your LLC. This is a requirement for your company to remain an active business. You need to file an annual report, even in years when your business information hasn't changed. The information in the annual report about your Sunbiz LLC should be current at the time of the report's creation. Once the form has been completed, you can choose to keep a downloadable copy of it for your records for free.
Frequently Asked Questions About FL LLC Annual Report
Question: How can I pay the filing fee for the Annual Report?
Answer: Sunbiz accepts payments by credit and debit cards, checks, and money orders. You can also pay the fee through a prepaid Sunbiz eFile account.
Question: What if I forget when the Annual Report is due?
Answer: Your corporation's registered agent will receive a reminder in the mail prior to the last day to file your annual report.
Question: What information do I need to file an Annual Report?
Answer: You need your Document Number, which is at least six digits and up to 12 digits. You can find it on the reminder notice that your corporation's registered agent receives from the Division of Corporations. Otherwise, you can find it by locating your business in the online files of the Department of State Records.
Question: Do I need to have an FEIN to file an Annual Report?
Answer: You only need an FEIN on your Annual Report if your company is required to have one. Otherwise, this will not affect your Annual Report Filing.
Question: Is there a fee to file an Annual Report?
Answer: Yes, there is a fee, and it is due when you file your Annual Report.
Question: My corporation is a non-profit. What happens if the corporation does not file the Annual Report?
Answer: Like other corporations, your corporation will be dissolved administratively or your non-profit status can be revoked if the report is not filed on time. However, your non-profit will not have to pay a fine if the Annual Report is not filed on time.
Question: Are there any special requirements on the Annual Report forms?
Answer: When creating the annual report, there are several considerations. The address for the business must be a verifiable and reachable street address. The businesses physical address can also be the mailing address. Also, an LLC cannot be listed as the registered agent for itself. The registered agent must be a single person involved with the LLC.
Steps to File the Florida LLC Annual Report
1. Prepare an annual report each year of your LLC's most critical information to send to the state's government. The information to update includes:
- A list of members' and managers' names and addresses
- The name and mailing address of the registered agent
- The Federal Employer ID Number (FEIN)
2. Go to the website for the Florida Division of Corporations and find your company through the search feature.
3. Identify your LLC's entity number. The entity number will be six to 12 digits long.
4. Visit Sunbiz.org's Annual Report Portal and type in your entity number.
5. Update outdated information or confirm the data already in the system, including the email address. You cannot change your LLC's name by simply changing its name on the annual report. You need to file an Articles of Amendment with the state to change your LLC's name. Although it cannot be filled out online, you can print the form and mail it in.
6. Pay the $138.50 filing fee via money order, check, or credit card and submit your report by May 1 of each year.
- Your LLC will be subject to a $400 late fee if the report is received after May 1.
- If you do not file the annual report by the third Friday in September, your LLC will be administratively dissolved by the Florida Department of State, Division of Corporations. This means your business does not have the legal ability to conduct business in Florida.
- If your LLC is dissolved, you can choose to file all outstanding reports and pay the outstanding fees that have accrued.
If you need help with FL LLC annual report, you can post your legal need on UpCounsel's marketplace. UpCounsel accepts only the top 5 percent of lawyers to its site. Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Airbnb.