Florida LLC Annual Report
LLCs formed in Florida need to file this report with the Florida Secretary of State each and every year. i.e., annually. Read about how to file this report.
What is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Personal assets are protected for people with limited liability when they are sued.
A business entity that can issue shares and give limited liability to shareholders.
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Where an individual engages in business activity without formal organization.
Why file the report?
Florida LLC Annual Report
Annual Report is used to keep your LLC in compliance and in good standing with the Florida Division of Corporations.
Filed every year
All LLCs formed in Florida must file this report every year.
LLC Officials Information
Annual Report is mainly used to update the names and addresses of LLC officials such as members, managers, directors, or officers and also the Registered agent.
Annual report can only be filed online. There is no option to file by mail.
Change in address
You can also change your Principal office address or mailing address by updating it on the annual report when it is due.
Here are some of the actions business owners can take in Florida:
How to file Annual Report in Florida?
Follow these steps:
1. Visit official website
Every Florida LLC is required to file an Annual Report each year. Every year between January 1 and May 1 is the due date for your Florida LLC annual report. The earliest you may file is January 1.
annually by May 1
Head over to Florida's official website to file this report.
The deadline to file before it's too late is May 1. It is the only way to avoid late fees.
LLC Annual Report
Every LLC has to file this report in Florida to stay compliant with the state laws.
Filing Annual Report
Florida LLC is expected to file this report annually by May 1
File it online on Florida Department of State website
Processing time (if paid online)
Failure to pay
Florida charges a $400 penalty if you miss the May 1st filing deadline. In addition, failure to file your annual report by the third week of September will cause your LLC to be dissolved.
Articles of Organization
In Florida, Articles of Organization is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Filing Articles of Organization
There are a couple of ways to file
File it online on Florida Department of State Sunbiz website
Mail a form to the state department
New Filing Section
Division of Corporations
P.O. Box 6327
Tallahassee, FL 32314
Online processing time
Mail processing time
2 - 4 weeks
Every LLC should have a unique name in Florida. Florida maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Florida business name search tool to see if the name you want is available.
You cannot reserve a name for your LLC in Florida. Alternatively, you can directly go ahead with the LLC formation without any reservation.
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
Florida Statutes §605.0112
Here are some of the guidelines in simple language:
Must contain the words “limited liability company” or the abbreviation “L.L.C.” or “LLC” as will clearly indicate that it is a limited liability company instead of a natural person, partnership, corporation, or other business entity.
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Frequently asked questions
LLC Annual Report in Florida
It is very important to maintain full compliance in Florida. Filing these reports helps you protect your personal assets by maintaining limited liability and also to be in good standing with the state. Read our guides to learn how to start and manage a business in Florida.
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