Assembly Bill 5607 (Chapter 2019-149) signed by the governor and effective June 30 increases business entity annual report fees from $50.00 to $75.00 for profit entities and $25.00 to $30.00 for non-profit entities.  The bill also provides for the Treasury will establish a period of 180 days (expected to be December 15, 2019 to June 15, 2020) during which an entity whose charter was revoked or placed on inactive list can achieve reinstatement or termination in an expedited manner with a single application and supporting documents to the Division of Revenue and Enterprise Services. The entity applying for expedited reinstatement or dissolution shall attest it has satisfied any known tax obligations and pay a one-time fee of $500.00 but shall not be required to request tax clearance or be liable for additional administrative fees for reinstatement or termination of charter.  

New Jersey – Annual Report Fee Increase