Rhode Island's limited liability companies (LLCs) can beat the Dec. 1 deadline for submitting annual reports to the state by filing online at sos.ri.gov.
More than 27,000 LLCs ranging from car dealers to lenders to restaurants are subject to the requirement. LLCs that miss the deadline face penalty fees and the revocation of their Certificate of Organization or Certificate of Registration.
Every LLC has its own unique Customer Identification Number and Personal Identification Number in order to ensure security. Annual reports submitted by Dec. 1 at 11:59 p.m. will not be considered delinquent.
"Our customers have really embraced the upgrades we made to enable them to do business 24/7. About half the annual reports filed in 2011 came over the Internet," Secretary of State Ralph Mollis said in a statement. "We're focused on making it easier to do business in Rhode Island."
While the online option enables LLCs to file at the last minute, reports can also be filed by mail or in person at the Secretary of State's Business Services Division, 148 West River St., Providence, during normal business hours. Those reports must be received by 4:30 p.m. Dec. 1.
LLCs are a type of business entity that has the liability-shield advantages of a corporation and the flexibility and tax pass-through advantages of a partnership.