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Wisconsin doesn't charge penalty fees for failing to file an annual report; however, your business will lose its good standing and risk being administratively dissolved or revoked.
Do you have to pay an annual fee for a Wisconsin LLC? Yes, all Wisconsin LLCs need to pay $25 per year for the Annual Report. These state fees are paid to the Wisconsin DFI. You have to pay this to keep your LLC in good standing.
The statement of authority can either grant or restrict authority with respect to a position, such as a member or manager of the LLC or a specific person, and specify specific authority, for example, to transfer real estate or otherwise bind the LLC.
Every Wisconsin LLC needs to file an Annual Report each year to renew their LLC.
This is a statement confirming that the company is a foreign limited liability company. If the company is a different type of entity, do not file this form and instead visit the Department's website to locate the proper form for your organization's entity type.
Register a Foreign Corporation in Wisconsin. To register a foreign corporation in Wisconsin, you must file a Wisconsin Certificate of Authority Application with the State of Wisconsin, Department of Financial Institutions, Division of Corporate and Consumer Services.
Form 18 is mandatory and must be used to file the REQUIRED ANNUAL REPORT for a Foreign Business Corporation. Failure to file this report may result in revocation under ss. 180.1530 & 180.1531, Wis.
For foreign LLCs, you must submit a Foreign LLC Form 502. The cost to file is $100. Furthermore, if an entity would like to apply for foreign qualification in Wisconsin, a Certificate of Good Standing is required from their home state, dated within 60 days of the Wisconsin filing.