Annual reports filed with the Secretary of State in New Jersey are official documents that provide a comprehensive overview of a business's financial performance, operations, and management for the previous year. These reports are required by law and serve as a way for businesses to maintain transparency and accountability to stakeholders and the state government.
Follow the guide below to help you file your annual report with the
Secretary of State in New Jersey or use Mosey to do
it.
Use Mosey to automate annual reports in New Jersey.
Avoid the hassle of doing it yourself and use Mosey to automate foreign qualification, annual reports, and registered agent service.
New Jersey Annual Report for Corporation, LLC, LLP
Every business in New Jersey must file an annual report to maintain good standing. The report is due on the last day of the month in which your company originally registered with the State of New Jersey. Note: You are not required to file in the first calendar year of registration. The filing fee for nonprofits is $30.
File Annual Report
File your annual report online through DORES.
What else do I need to know?
There may be additional things you will need to do to maintain your
"good standing" in the state including having a registered agent and
other kinds of taxes.
Maintaining a Registered Agent
Most states require that you have a registered agent that can
receive important mail from the Secretary of State should they need
to contact you. There are many commercial options available or you
can use Mosey to be your registered agent and keep your information
private in New Jersey.
Other Taxes
In addition to maintaining a registered agent, maintaining your good
standing can include additional taxes. This can include franchise
tax, sales tax, or other state taxes. You can use Mosey to identify
these additional requirements to maintain good standing in
New Jersey.
Most HR professionals juggle recruitment, compliance, benefits, and more, but one key metric often goes unnoticed: the HR-to-employee ratio. It tells you whether your HR team has the capacity to support your workforce effectively or if cracks are forming under the pressure.
For businesses operating across multiple states or managing remote teams, the stakes are even higher. A poorly balanced HR-to-employee ratio not only compromises efficiency but also opens the door to compliance risks, dissatisfied employees, and missed opportunities for strategic growth.
Consider the following scenario: You’re the founder of a new startup, which you incorporated in Delaware, but you live in California. You need to register your company as a foreign entity to do business there. But before you can register in California, you’ll need to obtain a Certificate of Good Standing from your incorporated state of Delaware.
Essentially, a Certificate of Good Standing validates the legitimacy of your business. Business owners might use a Certificate to register to do business in another state, apply for a business loan or insurance, seek financing from investors, or lease commercial space.
There’s no question that the way we work has changed considerably in recent years. Remote work used to be a niche concept, but now it’s as commonplace as they come. Businesses of all sizes now take advantage of the benefits and opportunities of remote work.
However, the legal terrain of remote employment is complex, especially for businesses with employees scattered across different states. Trying to make sense of federal and state laws can be tough.
Gabrielle Sinacola |Aug 4, 2024
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