Questions Categories

Global Banking
Global E-commerce
Global Payment Gateways
High-Risk Merchant Account
    High-Risk Payment Gateway
    Legal Compliance
    Legal Structure
    Taxation

    Do I need to file an annual report if my entity is not active in Florida?

    I recently closed my Florida LLC, but I’m unsure if I still need to file the annual report. Do I need to file it just to keep things in order, or should I formally dissolve the LLC? What steps should I take if I want to ensure everything is properly closed with the state?

    user-
    Answer by: abdullah-al-naim
    5 days ago

    If your business is no longer active in Florida, you are still required to file the annual report to maintain good standing with the state. Failure to file can lead to penalties or even administrative dissolution of your entity.

    However, if your business has officially closed, you do not need to file the annual report. Instead, you should formally dissolve or withdraw your Florida or foreign corporation, LLC, limited partnership, or limited liability limited partnership to ensure that your entity is properly removed from state records.  For assistance with filing the necessary dissolution forms, Business Globalizer can guide you through the process.
    https://businessglobalizer.com/services/usa-company-dissolution/ 

    Load More