The state does not distinguish based on revenue for this particular filing; if you are registered, you must report. This includes the official name of the business, which must match the formation documents exactly.
Simplifying Your New Jersey Annual Report Filing Process
Furthermore, maintaining active status protects your limited liability protection. Understanding the New Jersey Annual Report The New Jersey business annual report is a mandatory filing required by the New Jersey Division of Revenue and Enterprise Services.
If your business was formed or qualified to do business in the state, you are likely subject to this obligation. More severe is the status of "inactive" or "suspended" good standing, which occurs if the report is not filed for two consecutive years.
Simplifying the New Jersey Annual Report Filing Process
The state requires details that confirm the accuracy of their records. Many business owners view this requirement as a mere formality, but its implications are far more significant.
More About New jersey business annual report
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