How to File a Florida Annual Report in 2024 - How to Start my LLC

How to File a Florida Annual Report

Written by:

Carolyn Young has over 25 years of experience in business in various roles, including bank management, marketing management, and business education.

Reviewed by: Sarah Ruddle

For over 15 years, Sarah Ruddle has been a noteworthy leader in the business and nonprofit world.

How to File a Florida Annual Report

How to File a Florida Annual Report

If you have a limited liability company (LLC) in Florida, you must file an annual report to keep your business in good standing. It’s a relatively painless process that can be done online. 

What Is an Annual Report?

An annual report verifies your business information and tells the state of Florida that your LLC is still operating. In addition, keeping up with annual reports is a legal requirement that enables you to obtain a Certificate of Status, which a bank or creditor might request to confirm your compliance. 

In Florida, the following information is required for the annual report: 

How to File an Annual Report in Florida

To file your annual report in Florida, visit the Division of Corporation’s website and enter your business document number.

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Fill out the required information. 

The fee for filing your annual report is $138.75, and reports are due by May 1. If you file after May 1, the late fee is $400.

If You Do Business in Other States

If you do business in other states, be sure to register in those states as a foreign LLC. For example, if your LLC is registered in Florida and you start doing business in Georgia, you’ll need to register in Georgia as a foreign LLC.

You’re generally required to register as a foreign LLC if:

  • You have a physical presence of any kind in that state 
  • You have employees in that state
  • You regularly meet with clients, managers, or investors in that state
  • You are licensed to do business in that state

Once you’ve registered as a foreign LLC, your business will need to follow the annual reporting requirements of that state and pay taxes in that state. 

In Closing

Filing an annual report in Florida is relatively easy and crucial to smooth business operations.

Failing to file an annual report can result in serious penalties, as can filing an inaccurate report.

Review all your business information and file your report on time to ensure your LLC remains in good standing.