![]() Before you name your business, you must know that the name should be easy to remember, available in the state, and follows all the LLC naming guidelines. **And if you’re a foreign corporation, you have to pay $109. Step 1: Decide a Name for Your Massachusetts LLC The first step while forming a limited liability company in Massachusetts is to give a proper name to your LLC. Then it’s due two and a half months after the close of your fiscal year. Every corporation licensed to do business in the commonwealth is required to file an annual report with the Corporations Division within two and a half (2. Annual Reports are due on or before November 1st of each year. For each Fiscal Year (July 1st through June 30th), the Office of Bar Counsel submits a report to the Supreme Judicial Court on the attorney. *Unless you are a foreign corporation (i.e., incorporated in another state). The Annual Report can be filed online or by mail. ![]() You didn’t hear this from Cathy Keeps Books, but if one of the organization’s officers is willing to let you type in her name as signer, your problem is solved. If your corporation is a non-profit organization, the annual report fee will be 18.50, and it will need to be filed by mail or online every year by November 1. If you encounter this, add one of the officers again as a director and it should go through.įinally, you have to be an officer to “sign” this form (though not to file it). The form returns an error message saying you must enter the names and addresses of directors. I have also had difficulty submitting the form when the board is composed only of officers, with no “directors” (ordinary board members). The form will ask you to confirm that you are a nonprofit when you click submit. Choose “nondesignated stock” and enter zero in all fields. Of course, the nonprofit you are filing this form for has no stock, because it’s a nonprofit. One peculiarity is that the online form may ask you to quantify the organization’s capital stock. They may call the latter a FEIN, but it’s a state number used by the Corporations Division of the Secretary’s office. You’ll need a customer ID number and a PIN, both of which can be very easily obtained by writing an e-mail to They will reply promptly with a CID and PIN as well as a 9-digit state ID number. The Annual Report may be filed online (assuming you have access to payment information for the fee) right here. But, as the bookkeeper, you are the person most suited to remember to file it. It’s a simple form which doesn’t ask for any financial information (yay!). Every Massachusetts corporation must file an annual report with the Corporations Division within two and a half months after the close of the corporations. It takes 24 to 36 hours to process your annual report. If you are doing business in Massachusetts, you must file an Annual Report with the Secretary of the Commonwealth by November 1* every year. You can file by mail in Massachusetts for a 500 fee, and you can file online for a 520 fee.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |