Annual Report

Florida reports are simple filings that all LLCs must complete each year. This report requires a fee of $138.75 as well as updating the information regarding your LLC. The most important piece of information to update in the report is the contact information of the company's registered agent. The legal requirement of an annual report ensures that anyone who needs to contact your LLC, such as a creditor, will be able to do so. Additionally, the government will utilize the information for state tax tracking.

The annual report in Florida is due every May 1. You do not need to file one within the calendar year that you formed your LLC. This is true whether you form in January, December, or in between.

If you prefer not to file your annual report yourself, you can have your registered agent take care of it. This is a convenient way of ensuring you do not miss the deadline, so you can avoid consequences. Your registered agent will let you know when the report's due date is approaching. Most will charge a small additional fee to file the report for you.

In addition to their ability to file for you, registered agents can provide convenience to your Florida company. They will be able to send as well as receive documents for the LLC, doing so during normal business hours. This means that you will not be required to be at a specific location between 9 a.m. and 5 p.m. every day. Registered agents can also improve privacy for LLCs as you can use their contact information on your annual reports and initial filings, instead of your own. They even preserve privacy in the case of a lawsuit as customers will not see you being served at your business location; your registered agent will receive the document.

Whether or not you use the services of your registered agent, be sure not to miss filing your LLC's annual report.