New Jersey LLC Annual Report
Once you have formed your New Jersey LLC, you must stay on top of your state’s filing deadlines in order to stay in good standing and avoid unnecessary fines or penalties.
This article answers the following questions for a New Jersey LLC:
What Is an Annual Report?
In New Jersey, an annual report is a regular filing that your LLC must complete every year to update your business information, including:
- Registered agent name and address
- Registered agent changes require a separate fee.
- Names and addresses of LLC officers (i.e., members or managers)
The purpose of this report is to keep your business records up to date with the State of New Jersey. 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 state taxes.
How Do I File an Annual Report?
You can file your New Jersey LLC annual report through the Division of Revenue of Enterprise Services website. Prior to filing, you must input your NJ Business Entity Identification Number (which you can find with a business entity search), business type, and formation date.
File Your New Jersey Annual Report
File Online With the New Jersey Division of Revenue and Enterprise Services
Fee: $75 ($100 with registered agent changes)
Due Date: New Jersey LLC annual reports are due every year at the end of your LLC’s anniversary month (i.e., the month when you initially registered your LLC with the state).
Late Filings: Any annual report received after the due date will result in your business becoming delinquent with the state. Further failure to file an annual report for two years will result in the dissolution of your New Jersey LLC.
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 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:
- Avoid late filing penalties: The Division of Revenue and Enterprise Services can dissolve a New Jersey LLC if it does not file an annual report. A registered agent service will notify you when reports are due, and they can also submit the filing for you for an additional fee.
- Gain flexibility: A registered agent service can receive and send documents for your LLC during regular business hours so that you don’t have to be on the job from 9 a.m. to 5 p.m. 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.
- Maintain privacy: Using a registered agent service allows you to keep your personal address off of public records, ensuring your privacy. Additionally, if someone sues your LLC, the lawsuit will be served to the registered agent’s address rather than your place of business.
Learn more about getting a New Jersey registered agent by reading our guide.
Recommended: Northwest provides free registered agent service for the first year as part of their LLC packages.