We are at the end of the year and come January 2nd, Florida Corporations and Limited Liability Companies will be required to renew their Annual Reports with the Florida Division of Corporations. Annual Reports are required to be filed before May 1st, 2014 to avoid a $400 penalty. The State of Florida DOC only sends out notification emails that many contractors either disregard as spam, or the emails do not get through to the mail server.
Every year, we check your filing as a courtesy; we find that often our clients did not get their renewal or overlooked it. The DOC does not physically mail renewal notices. We do not want to see you have any issues with your Contractor’s license that you worked so hard to obtain!
Will this affect my contractor’s license? In most cases, Yes; your active license is tied to your corporation or LLC unless you hold your license as an individual.
What if I file my Annual Report late? The Florida Division of Corporations will assess a $400 penalty in addition to the Annual Report Fee.
How much does it cost to file my company’s Annual Report? The Annual Report for a Corporation is $150; the Annual Report fee for LLCs is $138.75. The annual report can be filed starting January 2nd, 2014. To file, please visit www.sunbiz.org. You will need to first search for your business entity and obtain the Document Number before you can renew. If you do not like using the Internet, we can file your annual report for you for an additional $20 (plus the Annual Report fee).
TIPS: If you need to change the company’s address or add/remove officers or members, this is the time to do it. You can make any necessary changes without incurring any additional charges.
2014 is also the year for Certified Contractor’s to renew their contractor licenses. This means you will need 14 hours of Continuing Education and pay the license renewal before August 31st, 2014. We are finding online CE classes as low as $69 for the whole 14 hours! Please let us know if you have questions on your license renewal.
Have a wonderful and prosperous 2014!