Follow Us
Have Questions About Making Your Biz Better?

Book for Entrepreneurs

     10 Common and Costly Business Killing Mistakes and How to Avoid Them. 

 A Business Law Bible for Entrepreneurs.

Click Here to Learn More About This Book

Click here to see book on Amazon.com

 

 

 

« Book Introduction Video | Main | Are Your Website Terms and Conditions Enforceable? »
Tuesday
Oct062009

Beware of Compliance Services “Annual Minutes Requirement Statement”

Recently, I received an official-looking document from an outfit identified as “Compliance Services.”

The document appeared to be something from the State of Florida, containing a form number (CS FORM MIN-FL083), references to the Florida corporation law and requesting a lot of detailed information about one of my corporations and its shareholders.

It even went so far as to designate certain information requests as “Required” and contained a “please reply by” response date.

The instructions directed me to “Submit a check for $125 payable to Compliance Services” together with the completed form “for preparation of documents to satisfy the annual minutes for your corporation.”

If you have a Florida corporation or LLC you might get this document.

DON'T SEND A CHECK OR ANY INFORMATION TO COMPLIANCE SERVICES!

There is no requirement that you submit the information they’ve requested or any annual minutes to the State of Florida.  Furthermore, Compliance Services has nothing to do with the State of Florida.

To keep your corporation or LLC in compliance, you must: (1) file your annual report between January 1 and May 1 of each year; (2) pay the annual filing fee to the State of Florida at its website (www.sunbiz.org); and (3) keep your corporate (or LLC) records up to date.  While these records should include annual minutes, you don’t have to spend $125.00 to get them.

If your records aren't up to date, you should complete an annual action by consent of the shareholders and directors.  Give us a call if you have any questions.  We can help you complete your annual minutes for a lot less than that. 

PrintView Printer Friendly Version

EmailEmail Article to Friend

References (2)

References allow you to track sources for this article, as well as articles that were written in response to this article.
  • Response
    Beware of Compliance Services “Annual Minutes Requirement Statement” - Blog - Entrepreneurship Law - Florida Business Law
  • Response
    Response: my review here
    Amazing Site, Maintain the wonderful job. Thanks a ton.

Reader Comments (32)

Our company just received the same type notice to"Submit the Annual Minutes Requirement Statement" (CS Form MIN-CA10). This is the third or fourth fraudulent document we have received from companies in CA and FL. The outside of the envelope even states, "This is not a governmental agency." I suppose they believe this will protect them from a mail fraud charge.

Most states have a fraud or division which you should forward such documents once received. Hopefully, they will either catch or at a minimum shut these operations down. There is no telling how many corporations simply pass these bills on through as they are usually $80-$225 which is really immaterial for most.

March 23, 2010 | Unregistered CommenterDanny Groves

Wow. Thank you for this posting. I almost filled out the form & mailed it. I was actually looking to fill out the form online. That's how I found your posting. I will report to appropriate agency. Thanks again.

April 11, 2010 | Unregistered CommenterLiisa in CA

Oh my, I'm a paralegal in CA and my boss just handed me this form and said "we've got to get this out ASAP." Thank GOD I read this article, as well as many others regarding this scam.

Thanks you guys!

April 16, 2010 | Unregistered Commenterkasey

I live in Floirda and just got this and was filling it out. I went to the web for some information and low and behold, I found this posting. Thank you so much.Nancy

April 18, 2010 | Unregistered CommenterNancy

so, where, or who do we call & report this SCAM?

April 20, 2010 | Unregistered CommenterAraceli

I reported it to the US postal service. They have a form to fill out for mail fraud. https://postalinspectors.uspis.gov/forms/MailFraudComplaint.aspx

May 3, 2010 | Unregistered CommenterAnna

March 30, 2011: they're at it again. The "Compliance Services" company sent an "Annual Minutes Requirement Statement Directors And Shareholders" form implying it needed to be completed and returned with a $125.00 check. The State of Florida Business Corporations Act does not require this information.

March 30, 2011 | Unregistered CommenterTrevor

thank god I found you guys.. i was just getting ready to cut them a check.. bastards!

May 3, 2011 | Unregistered Commentertran

Thank you all for sharing. THis information saved me the $$$ plus the aggravation.
I will report them NOW!
RR

May 14, 2011 | Unregistered CommenterR.Rezende

Not just FL and CA. I recd one in GA yesterday.

July 12, 2011 | Unregistered CommenterJulie

I filed out the form after coming back from overseas, thinking i was late. I placed in the FOR block, Annual Minutes for SSI, they returned it because of that and needed to send one without that. That was odd, i also noticed it had a CA post office marking rather than a Florida since it was address to and from there. Again odd, so i researched it and BAM!! they had me at first, but thet let me get away when they were trying to reduce their tracks.....LOL

July 25, 2011 | Unregistered CommenterSSI

This post was very helpful as I thought I failed to read instructions correctly in January. Failing to file the minutes which appeared to be strange but each State has different laws. Failing to file properly I thought I had to pay another $125.00. Again, thank you for putting this on the site and I hope Florida nails them!!!

August 20, 2011 | Unregistered CommenterVicki

Has anyone suffered from identity theft from filling out these forms and sending them in? Or has anyone checked to see if this company tried to steal financial information after receiving a completed form. A friend of mine, not understanding what he was being asked to do and being a new business owner completed the minutes form and sent it in. Once he realized he had been ripped off he cancelled the check. Now he is in fear of this company stealing his bank information.

January 9, 2012 | Unregistered CommenterPopeye1963

If locations are aware of something and the north face are different from later said, it wanted to circle back then but it is not easy. rose doing just that is, first for north face jackets clearance."The north face says Ziri. regardless of how the outcome of the battle, store escape with accurate information for the north face first?? One India protoss said.Since the locations are in a hurry, then anti-to the north face is not urgent. " This matter is not urgent. Chamber of the store they should get that one., such as the north face side of the first things to go more with you. "

January 10, 2012 | Unregistered Commenternorth face outlet store

Thank you, this is the first time ever I see a free advice from an attorney. There are people who feel happy when they see honest simple guys get victimized on the highway.

January 31, 2012 | Unregistered CommenterMike

THANK you for posting this. I was just about to drop in the mail and thought to myself "I've never had to pay extra to keep my corporation up to date." When I searched the web, I found your site. Thanks so much for posting this! I hope others do not get scammed! (FL)

January 31, 2012 | Unregistered CommenterAmy

I received one dated January 18, 2012. I was filling it out and made an error on it. I Google the topic to find out if I could find a form to download because I know that you cannot use white out on any governmental forms. This is when I saw this article. I almost send off the $125.00 because it states that they should receive it by February 15, 2012. I am sorry for the people who do not have the know how to get on the computer and research these things. Thank you for taking the time out to post this article (FL).

February 9, 2012 | Unregistered CommenterWessel

I just found out about this when I mailed them the check yesterday. I am going to make a stop payment on the check. Still I am losing $30 but that's way better than the $125.

February 10, 2012 | Unregistered CommenterJorge

Just received the same document requesting me to mail $125.00, I kept looking at form and thinking this was included when I renewed my corporation, so I decided to google CS form min-fl-12 and found these comments on this compliance services letter. Thank you

February 11, 2012 | Unregistered CommenterMartha

I also received one of these letters and since it already had my Corp # and address info and came out of Tallahassee (our state capital) where most of our official business dealings stem from, I fell for it (being the new business owner that I am). BUT they just returned the form and the check because in the memo section of the check, I wrote "annual report 2012" as a short reference but apparently it caused them a problem since it might be confused with the Annual Report we have to file with the State of Florida to renew our business license every year. They asked that I re-issue the check without that reference (I suppose to keep them from getting in trouble legally). Of course, I won't. So while they conned me in the beginning, I managed to get away in the end. But at the same time I am concerned that on the check is the bank name and of course the account and routing info, etc that appears on ANY check........makes you wonder if that info is their real goal.

February 14, 2012 | Unregistered CommenterKatie

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>