All Florida business entities must file an annual report with the Division of Corporations by May 1st of each year. Late filings are subject to a late fee of $400.00 in addition to the regular filing fee, which is currently $150.00 for corporations and $138.75 for limited liability companies. It is important to note that a 2010 legislative change has repealed the authority of the Division of Corporations to waive the late fee for profit entities.
If you require assistance in filing your company’s annual report or in understanding the steps to reinstate a business entity, contact a Florida business lawyer.
