Do I need to file an Annual Report for my LLC in Massachusetts?
Do I need to file an Annual Report for my LLC in Massachusetts?
All LLCs doing business in Massachusetts must file an Annual Report every year. You need to file an Annual Report in order to keep your LLC in compliance and in good standing with the state. If you file your Annual Report by mail, the filing fee is $500.
Does Massachusetts require an Annual Report?
All foreign and domestic corporations registered in Massachusetts are required to file an annual report with the Secretary of the Commonwealth within two and one-half months after the close of their fiscal year.
Is there an annual LLC fee in Massachusetts?
LLCs pay a $500 formation fee and $500 annual report fee. Most corporations pay only $275 to get started then $125 per year. Massachusetts registered agent and resident agent are synonymous.
Where do I mail my LLC Annual Report in Massachusetts?
Massachusetts Limited Liability Limited Partnerships
| State Office: | Massachusetts Secretary of State One Ashburton Place, 17th floor Boston, MA 02108 Phone Number: (617) 727-9640 Website Forms Business Search |
|---|---|
| Due Date: | Not Required |
| Filing Fee: | Not Required |
| Penalty: | Not Required |
| Filing Method: | Not Required |
What happens if I don’t file annual report?
After a certain amount of time past the due date, if the report still isn’t filed, the jurisdiction will revoke your company’s good standing or put it into a forfeited status. Most states require the past due annual report as well as an additional certificate of reinstatement and more fees.
Where do I file my annual report in Massachusetts?
The State of Massachusetts requires you to file an annual report for your LLC. You can mail in the report or complete it online at the Corporations Division website. You’ll need a customer ID number and PIN to access the online form.
Do I need to file an annual report if I closed my business?
You must file a final return for the year you close your business. The type of return you file – and related forms you need – will depend on the type of business you have. A limited liability company (LLC) is a business organized under state law.
What happens if LLC has no income?
But even though an inactive LLC has no income or expenses for a year, it might still be required to file a federal income tax return. LLC tax filing requirements depend on the way the LLC is taxed. An LLC may be disregarded as an entity for tax purposes, or it may be taxed as a partnership or a corporation.
How much does it cost to file an annual report in Massachusetts?
The annual report must be filed each year on or before the anniversary date of the filing of the original certificate of organization. The annual report filing fee for a Massachusetts LLC is $500.
How do I file my Massachusetts annual report online?
Filing Your Massachusetts Annual Report
- Click the “File Online” link.
- Enter your Customer ID number and PIN. If you don’t have either number, you can contact the Commonwealth of Massachusetts via email ([email protected]) to obtain both.
- Then, select “submit.”
How do you set up LLC in Massachusetts?
Forming an LLC in Massachusetts is simple. Search your Massachusetts LLC name in the state database and select your Resident Agent. File your Certificate of Organization with the Massachusetts Secretary of the Commonwealth and wait for your LLC to be approved. You can file your LLC by mail or you can file it online.
How to form a professional LLC in Massachusetts?
Name Your PLLC. The first step is to choose a business name.
How to form Massachusetts LLC?
Name the LLC. Enter the name you want for the LLC.
What is an annual LLC report?
An LLC annual report generally refers to a document that a limited liability company must file with a state agency. The information required in the report typically includes the LLC’s current address, the names of the principal managers or members and the name and address of its current designated agent for service of process.