New Jersey Annual Report

The New Jersey Department of the Treasury, Division of Revenue and Enterprise Services, requires all domestic and foreign limited liability companies (LLCs) and corporations authorized to do business in New Jersey to file an Annual Report each year. This report updates the state with current information about your entity, helping to maintain its good standing.

Why is it important to file? Filing the Annual Report on time is crucial for maintaining your entity’s active status and good standing with the State of New Jersey. While New Jersey does not assess late fees for overdue annual reports, failure to file for two consecutive years will result in the administrative dissolution or revocation of your business. This can lead to:

• Loss of the legal right to conduct business in New Jersey.
• Loss of liability protection for your owners.
• A more complex and potentially costly reinstatement process, which may include obtaining a tax clearance certificate and additional fees.
• Difficulty in obtaining Certificates of Good Standing, which are often required for loans, licenses, or other business transactions.

When is it due? The New Jersey Annual Report is due annually by the last day of the anniversary month in which your entity was formed or authorized to do business in New Jersey. For example, if your LLC or Corporation was formed on any day in June, its Annual Report will be due by June 30th every year.

You can typically file your Annual Report up to 3 months prior to its due date.

What information is required? The New Jersey Annual Report generally requires the following information:

• Your entity’s legal name and New Jersey Business ID number.
• The state in which your entity was initially registered.
• Current registered agent name and address in New Jersey.
• Principal business address.
• Information about your officers/directors (for corporations) or members/managers (for LLCs), including their full names and business addresses.
• Worker’s Compensation insurance policy information, if your business has employees and is required to carry such insurance. If not, you will simply confirm that you are not required to provide it.
• Signature and title of the person filing the report.

What is the filing fee? The filing fee for most New Jersey LLCs and Corporations is $75.00. There may be a small additional fee for credit card or eCheck payments. See below for more information.

How can we assist you? We can assist you with the preparation and online filing of your New Jersey Annual Report to ensure it is submitted accurately and on time. Our services for this filing include:

• List specific services we offer, e.g., “Gathering the necessary information,” “Completing the online report,” “Submitting the filing and paying the fee,” “Confirming receipt with the New Jersey Division of Revenue and Enterprise Services.

What we need from you: To facilitate these filings, fill up the information sheet:

Please contact us at your earliest convenience to discuss your New Jersey Annual Report filing. We can help ensure your entity remains in good standing and avoid potential administrative dissolution.

We look forward to hearing from you.

Sincerely,

SURYA PADHI, SURE FINANCIAL AND TAX SERVICES LLC