Submitted by UCS on January 6, 2020
Attention, all delinquent New Jersey entities! If your New Jersey company was revoked for failing to comply with the state’s administrative reporting requirements, the Department of Treasury is offering for a limited time, a program that will allow you to either reinstate the entity or formally dissolve so that the company is no longer subject to penalties.
This program is scheduled to run from March 1, 2020 through June 15, 2020. There will be an online self-service function where the filer can apply for reinstatement or submit a dissolution without requiring a tax clearance. The filer will be required to pay a one-time administrative fee of $500 (plus a convenience or credit card processing fee) and attest that the business has satisfied any know state tax obligations.
As per the state memo regarding the program, the benefits are:
Feel free to contact a Client Service Representative if you have additional questions regarding this change.
About United Corporate Services, Inc.
United Corporate Services, Inc. was founded in 1970 and is a leading provider for a full range of corporate, UCC and registered agent services. For more information about United Corporate Services, visit our website at www.unitedcorporate.com