At Company Rock, we offer the option to set a future filing date when you form your business. This allows you to choose a date between 5 to 90 days in the future, depending on your state’s regulations. Here’s what you need to know about future filing dates:

A future filing date is the date you select for your company to officially begin its legal existence. It’s also known as a “delayed effective date,” “future effective date,” or “delayed file date.” Typically, your business starts as soon as the state approves your filing. However, some entrepreneurs prefer to delay the official start date of their business until a later time.

1. Tax and Reporting Benefits: By choosing a future filing date, you can avoid having to file taxes and annual reports for the current calendar year. For example, if you’re filing towards the end of the year (like in November), you might select a future filing date of January 1 or later. This can simplify your tax situation and potentially save you from additional costs associated with filing reports or hiring a CPA for just a few months.

2. Cost Savings: Setting a future filing date can help you avoid the expense of annual reports and fees for the current year. Most states require businesses to file an annual report with a fee, so delaying the start of your business can help you save on these costs.

3. Reduced Complexity: If you start your business at the beginning of the year, you’ll have a clean slate for tax filings and annual reporting. This can reduce the administrative burden and make managing your business finances simpler.

When you’re ready to form your business with Company Rock, you can select your desired future filing date during the registration process. Our team will ensure that your chosen date is processed according to your state’s regulations.

If you have any questions about setting a future filing date or need assistance with the process, feel free to contact our team. We’re here to help you make informed decisions and ensure your business setup goes smoothly.