“IMMIGRATION LAW CONNECTION”

In recent weeks, the Florida Department of State’s Division of Corporations, who is the governing body of companies registered in Florida, has had its usual annual rush in late Spring, as Annual Report Filings were due by May 1.

Until recently, “Sunbiz” as the agency frequently is referred to (in reference to its website URL), had had the administrative discretion to waive late fees.   This is has, unfortunately for many businesses, changed. A notice was posted by the agency, explaining the new hard line stance on no longer waiving late fees:

“EFFECTIVE IMMEDIATELY! The Division of Corporations no longer has authority to waive the $400 late fee for annual reports filed after May 1st. The provision for waiver in s. 607.193(2)(b),F.S. was repealed during the 2010 Legislative Session. All business entities except non-profit corporations must pay the late fee if the annual report is filed after May 1st.”