Florida corporations and LLCs, don’t forget to file your Annual Report with the Florida Secretary of State’s Division of Corporations by May 1st to maintain your “active” status with the state.  Annual Reports filed after May 1st will be assessed a $400.00 late fee, which cannot be waived.

All corporations and Limited Liability Companies (LLC’s) must file an Annual Report with the state each year.  The only way you can file is to use a computer to access the Division of Corporations’ website at http://www.sunbiz.org/.  Click on the box that says “File Current Year Annual Report.”  From there, you will need to enter your company’s 12-digit “Document Number,” which is a number the state assigned to your company when it was formed.  If you don’t know your company’s Document Number, click here http://www.sunbiz.org/search.html to search the Corporate database to find your company’s name and document number.

Be sure to review the information on file and make any necessary changes, additions or deletions. If you have added or deleted officers of your company, now is the time to tell the State by reporting the new officers and/or deleted officers on your Annual Report.  This is very important if you are in the construction industry and you have added an officer who needs to get a workers’ compensation exemption.  Corporate officers and LLC owners cannot apply for or receive a workers’ comp exemption until they are listed on the State of Florida’s corporate database.

The Annual Report fee for a corporation is $150.  The Annual Report fee for an LLC is $138.75.  You must file your Annual Report by May 1st.  If you do not file by May 1st, you will have to pay a $400 fee, plus the Annual Report fee, to have your company reinstated.