Be the First to File Your 2010 Florida Business Annual Report
It’s too late to be first to do something in 2009, but it’s not too late to be first in 2010. Starting at 8am Monday January 4 2010 you can be first to file your Florida business annual report. It’s not considered late until May 1, but it’s so easy to file, why not be first to file? Just go online at www.sunbiz.org and you can e-file your annual report and pay the filing fee with a credit card. Then you are done and will not have to worry about the substantial ($500?) late filing penalty or being dissolved for not filing.
Every corporation, LLC and partnership registered in Florida must file an annual report between 1/1 and 5/1 each year with the Florida Department of State Division of Corporations. Every year the state dissolves about 100,000 entities for failure to file. That sounds like a big number, but it still leaves about 1,500,000 existing entities.
For more interesting statistics on Florida entities, see http://www.sunbiz.org/corp_stat.html which shows that more LLCs were formed in Florida last year than corporations. There are still more corporations (731,000) in Florida than LLCs (459,000), but the next decade may reverse those numbers. (Did you know that Florida is the most active entity filing jurisdiction in North America? More entities are filed in Florida than any other state or country in North America.)
In any event, if you have a Florida business that is a corporation, LLC, or partnership, Monday is the time to file the 2010 annual report. Why not be first?
Jim Martin 12/31/09
FLORIDA BAR STATEMENT The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask the lawyer to send you free written information about the lawyer’s qualifications and experience.