Florida law requires all businesses to file an annual report with the Florida Department of State, Division of Corporations (the “Department”). Annual reports are due between January 1 and May 1 of the year following the calendar year in which the business’ articles of organization/incorporation became effective or the foreign entity obtained a certificate of authority to transact business in this state.
If annual reports are not filed, businesses could incur penalties or, even worse, potential administrative dissolution of the business. Annual reports must be filed with the Department between January 1 and May 1 of each calendar year thereafter.
Electronic Filing of Annual Reports – Proceed with Caution
Several business owners, authorized representatives, or their registered agents file annual reports on behalf of the business entity every year using the Department’s online filing system on sunbiz.org. However, many business owners are unaware that any individual, whether they are associated with the business or not, has access to the online filing system and may file an annual report, which can lead to business identity theft and fraudulent filings.