What is a New Jersey Annual Report?
One of the requirements of maintaining a Limited Liability Company (LLC), Limited Liability Partnership (LLP), Limited Partnership (LP), or corporation in the state of New Jersey is filing an Annual Report. The Annual Report is used to confirm and update the company’s information each year with the New Jersey Department of the Treasury.
Related: How to form an LLC in New Jersey
Who Needs to File an Annual Report?
Domestic and foreign corporations, LLCs, LLPs, and LPs are required to file an annual report each year after the year the company was formed.
What is Needed to File a New Jersey Annual Report?
The only way to file the Annual Report is online through the New Jersey Department of the Treasury’s website.
The report asks for information such as:
- Business name
- New Jersey Business ID Number (from the New Jersey Secretary of State)
- Business address
- Registered Agent’s name and address
- Name and address of the officers, directors, members, and/or managers
New Jersey Annual Report Fee
The Annual Report filing fee for either the Corporation, LLC, LLP, or LP in New Jersey is $75.
Annual Report Due Date
The Annual Report deadline is the last day of the entity’s anniversary month. You can find the date of formation on your filed Certificate of Formation or by searching for your business name in the Department of the Treasury entity database.
For example, if your business entity was formed January 1st, 2021, the deadline for the first Annual Report will be January 31st, 2022. Filings can be made 90 days in advance of the due date.
The Department of the Treasury’s office emails a reminder in advance of the Annual Report due date. Even though a reminder is sent, it’s important to make an additional reminder for yourself should you not receive it.
Annual Report Filing ServiceIf you would rather use a service that guarantees the annual report is filed on-time, check out the annual report filing service through Northwest.
My business made little or no money. Do I still have to file the Annual Report?
Even if your New Jersey LLC or Corporation received no income or had no business activity, the Annual Report is still required to be filed.
What happens if you don’t file the Annual Report on time?
While there are no late fee penalties if the Annual Report isn’t filed on time, if the report isn’t filed within two years, the entity will be administratively dissolved by the Department of the Treasury.
New Jersey Department of the Treasury Contact Information
New Jersey Department of the Treasury
Division of Revenue and Enterprise Services
PO Box 252
Trenton, NJ 08625-0252
If you have questions, they can be contacted at (609)-292-6748.