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What are the steps for changing an LLC name in Massachusetts? Check if your new LLC name is available. File the Amendment form (and wait for approval) Update the IRS. Update the Massachusetts Department of Revenue. Update financial institutions (credit card companies, banks) Update business licenses.
Annual Report for Domestic and Foreign Corporations Every corporation authorized to transact business in the commonwealth MUST file an annual report with the Corporations Division within two and one half (2½) months after the close of the corporation's fiscal year end. M.G.L.A.
Profit corporations, both foreign and domestic, must pay $109 to file their annual report. The reports are due 2.5 months after the fiscal year has come to a close. Nonprofit corporations must pay $18.50 to file an annual report, and they must file by November 1.
LLCs that want to file a Massachusetts amendment have to file a Certificate of Amendment with the Corporations Division of the Secretary of the Commonwealth and pay at least $100 for the filing fee. You can do this by fax, mail, or in person.
What happens if I don't file a Massachusetts Annual Report? Massachusetts corporations are the only business entities that will be assessed a late fee ($25) for failing to file an annual report. However, all companies will be administratively dissolved if they remain delinquent for two or more years.
Changing officers of a corporation involves filing the articles of incorporation while adhering to Massachusetts state codes. Directors add officers formally at an annual directors meeting but can do so at any time within the scope of the bylaws.
Yes. A corporation may restate its initial articles by filing Restated Articles of Organization. The restatement may include a new amendment. There is a $200 minimum filing fee to restate the articles.