New Jersey LLC Annual Report
LLCs formed in New Jersey need to file this report with the New Jersey Secretary of State each and every year. i.e., annually. Read about how to file this report.
File report online
Visit the official state government’s website to submit annual report online.
Visit New Jersey official website
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.
Limited liability
Personal assets are protected for people with limited liability when they are sued.
Corporation
A business entity that can issue shares and give limited liability to shareholders.
Members
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Sole proprietorship
Where an individual engages in business activity without formal organization.
Why file the report?
New Jersey LLC Annual Report
An annual report is used to keep an LLC’s contact information up-to-date with the State.
Filed every year
Each and every LLCs formed in New Jersey must file this report every year.
Update your business information
The annual report is primarily used to update business data such as the names and addresses of LLC officers. i.e., members or managers.
File Online
Annual report can only be filed online. There is no option to file by mail.
Change in Registered agent name and address
You can also change your Registered agent name and address by updating it on the annual report when it is due. However, Registered agent changes require a separate fee.
New Jersey actions
Here are some of the actions business owners can take in New Jersey:
How to file Annual Report in New Jersey ?
Follow these steps:
1. Visit official website
Every New Jersey LLC is required to file an annual report each year. Your New Jersey LLC Annual Report is due annually by the end of your LLC’s anniversary month.
Due
annually
The Annual report must be postmarked, complete and compliant, before the end of your LLC’s anniversary month to avoid late fees.
LLC Annual Report
Every LLC has to file this report in New Jersey to stay compliant with the state laws.
Filing Annual Report
New Jersey LLC is expected to file this report annually
File it online on New Jersey Department of Treasury website
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Online fee
$75
Failure to pay
New Jersey does not have late fees if you miss the filing deadline, but the state will revoke your LLC after failure to file for two consecutive years.
Certificate of Formation
In New Jersey, Certificate of Formation is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Filing Certificate of Formation
There are a couple of ways to file
Address
New Jersey Division of Revenue
P.O. Box 308
Trenton, NJ 08646
Online fee
$125
Online processing time
5 - 7 days
Mailing fee
$125
Mail processing time
5 - 7 days
Note
Refer to pages 21-24 of Business Revenue Form
Entity name
Every LLC should have a unique name in New Jersey. New Jersey 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 New Jersey business entity name search tool to see if the name you want is available.
Searching fee
Free
Reservation
You can reserve a name for your LLC for a specific duration by paying reservation fees to the New Jersey division of revenue & enterprise services. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
Reservation fee
$40
Reservation period
120 days
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
New Jersey Statutes 42:2C-8
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Here are some of the guidelines in simple language:
- 1
Shall contain the words "limited liability company" or the abbreviation "L.L.C." or "LLC". "Limited" may be abbreviated as "Ltd.", and "company" may be abbreviated as "Co.".
- 2
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
- 3
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
- 4
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 New Jersey
It is very important to maintain full compliance in New Jersey. 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 New Jersey.
New Jersey LLC
New Jersey Business search