Why Do You Need District Of Columbia Reinstatement For Your LLC Or Corporation?
A company in bad standing may have to pay penalties and risk getting administratively dissolved. District of Columbia reinstatement is a way to address any concerns and restore the entity’s good standing status with the state.
What Is Needed To File For Reinstatement?
Each state has its own set of regulations when it comes to the reinstatement of dissolved companies. The District of Columbia also has laws governing that issue.
LLC – If Washington D.C. forfeits your LLC, you will have to reinstate it so you can do business again. File a completed Reinstatement of Domestic Filing Entity with the Department of Consumer and Regulatory Affairs (DCRA) form by mail or in person. An original signature is not necessary for LLC filings. You will also have to submit all past due reports as well as settle fees and penalties. If you want to speed up the process, attach a completed Expedited Service Action form.
Corporation – Washington D.C. corporations will have to submit a Reinstatement of Domestic Filing Entity form too. Attach all missing biennial reports, also known as two-year reports, and corresponding fees. All corporate filings require original signatures. For expedited processing, you will have to include an Expedited Service Action form.
The DCRA accepts money order, checks, Visa, Mastercard, and cash. If you use a check, make it payable to the D.C. Treasurer.
How Much Will It Cost To Reinstate?
LLC – The application for LLC reinstatement costs $300. Fees for biennial reports may vary, so it is best to check with the DCRA. The late fee for a biennial report is $100 each. If you want to expedite the process, you will have to pay an additional $50 for a three-day service and $100 for one-day processing.
Corporation – A D.C. corporation will have to pay a $300 filing fee to reinstate. There is a $300 filing fee for each two-year report. The penalty fee for this is $100 per report. Corporations will also have to pay interest accrued on missed reports. The rate is 5% per month. The expedite fee for three-day processing is $50, while a one-day service will cost you an additional $100.
How Long Will This Process Take?
The normal processing of District of Columbia reinstatement documents takes around 15 business days. Mailed documents may take longer since the DCRA mail routes through Maryland for the processing of the payment. However, you can request either a three-day or one-day expedited service.
What Is Required On The Forms?
LLC – D.C. LLCs that want to reinstate needs to prepare the following information:
- LLC Name
- New Company Name, If The Original Is Unavailable
- Date Of The Revocation Of Certificate Of Organization Due To Failure To File Reports
- Name And Address Of The Registered Agent
- Name And Signature Of The Company Representative
Corporation – Corporations will need to prepare the following to complete the reinstatement form:
- Entity Name
- New Name, If The Original Is Taken
- Date Of The Revocation Of Certificate Of Organization Due To Failure To File Reports
- Name And Address Of The Registered Agent
- Name And Signature Of The Authorized Representative
What Cannot Be Changed On The Forms?
LLC – You cannot change the registered agent, principal address, and members or managers of your LLC on the reinstatement form.
Corporation – The District of Columbia reinstatement form does not allow you to change your registered agent, principal address, and information related to the company officers or directors.
What If My Company’s Name Is In Use When I Need To Reinstate?
The name of an administratively dissolved company in D.C. will be safe until the end of the year or December 31. After that, it will be available for use to other business entities. If your company’s original name happens to be unavailable when you reinstate, you have to use a new one.
How Can DoMyLLC Assist With Streamlining?
An administratively dissolved company needs to go through the District of Columbia reinstatement process to bring back it’s good standing. You will have to file formal paperwork and follow the regulations thoroughly.
An experienced third-party organization like DoMyLLC can make the whole ordeal hassle-free for you. Our team of experts is ready to provide live support. You can also get personalized solutions to ensure that the service you are getting fits the needs of your business.
District of Columbia Reinstatement FAQs
Can you change your registered agent on the reinstatement?
No, you will have to list the name and address of the registered agent of the company at the time of revocation. If your company has appointed a new registered agent, you have to inform the DCRA using the Statement of Change of Registered Agent form.
How many biennial reports can your company fail to submit before the state prohibits reinstatement?
It does not matter how many two-year reports your company has missed. However, the penalties and interest accumulate while your company is administratively dissolved.
How long can your company be inactive with the state before it has to start over as a new business entity?
There is no time limit for reinstatement in Washington D.C. You can apply at any time.