Florida LLC Annual Report

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Once you have formed your Florida LLC, it is important that you stay on top of your state’s annual report filing deadlines in order to stay in good standing and avoid unnecessary fines and penalties.

This article answers the following questions:

  1. What is a Florida LLC Annual Report?
  2. How do I file a Florida LLC annual report?
  3. Should I use a registered agent service?

What Is an Annual Report?

In Florida, an annual report is a regular filing that your LLC must complete every year. An annual report is essentially updating your registered agent address and paying a $138.75 fee. All LLCs are required to file their annual report with the Florida Department of State.

The purpose of the annual report is to keep your business records up to date with the state of Florida. This allows creditors and other interested parties to look up your business address in case they need to contact you. The government uses this information to track the payment of your LLC's state taxes.

Learn more about annual reports by reading our article, What is an LLC Annual Report?

How Do I File?

You can file your LLC’s annual report through the Florida Department of State website.

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File your Florida LLC Annual Report

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Fee: $138.75

Instructions: You will need your LLC State ID number. If you do not know your ID number, you can use the business entity search to find it.

Filing deadlines: Florida's Annual Report is due by May 1st each year, except for the first year in which your LLC was formed. For example, if you form your LLC in February of 2018, then you would not file your annual report until May 2019.

Penalties for late filings: Florida charges a $400 fee for late filings. If you fail to file your annual report by the third week of September, your LLC will be dissolved.

Should I Use a Registered Agent Service?

A registered agent is a person or business nominated by your company to officially receive and send papers on your behalf. By using a registered agent service, you can ensure that your LLC's annual reports are always filed on time to the appropriate government agency. Here are the three main advantages to using a registered agent service for your LLC:

  • 1. Avoid penalties of late filing: In Florida, an LLC will be charged $400 for a late filing, and it will be dissolved if no report is filed within six months. A registered agent service will notify you when reports are due, and they can also submit the filing for you for an additional fee.

  • 2. You will have flexibility: A registered agent can receive and send documents for your LLC during regular business hours, so that you have to be on the job from 9-5 every week. You can also use a registered agent service to form an LLC in other states where you don't already have an established business presence.
  • 3. You will have privacy: Using a registered agent allows you to keep your personal address off of public records, ensuring your personal privacy. Additionally, in the unfortunate event that your LLC is sued, the lawsuit will be served to the registered agent address, rather than at your place of business in front of your employees.

Learn more about a registered agent by reading our article, What is a Registered Agent?

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Recommended: Northwest Registered Agent provides free registered agent service for the first year as part of their LLC Packages.

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