(a) A limited liability company, and a foreign limited liability company authorized to transact business in the Virgin Islands, shall deliver to the office of the Lieutenant Governor for filing an annual report that sets forth:
(1) the name of the company and the state or country under whose law it is organized;
(2) the mailing and physical address of its designated office and the name and physical address of its agent for service of process in the Virgin Islands;
(3) the mailing and physical address of its principal office; and
(4) the names and business addresses of any managers.
(b) Information in an annual report must be current as of the date the annual report is signed on behalf of the limited liability company.
(c) The first annual report must be delivered to the Lieutenant Governor on or before June 30 of the year following the calendar year in which a limited liability company was organized or a foreign company was authorized to transact business. Subsequent annual reports must be delivered to the Lieutenant Governor on or before June 30 of the ensuing calendar years.
(d) If an annual report does not contain the information required in subsection (a) of this section, the office of the Lieutenant Governor shall promptly notify the reporting limited liability company or foreign limited liability company and return the report to it for correction. If the report is corrected to contain the information required in subsection (a) of this section and delivered to the office of the Lieutenant Governor within 30 days after the effective date of the notice, it is timely filed.
(e) The fee for filing an annual report as set forth in subsection (a) shall be computed by assessing $1.50 for each thousand dollars of capital used in conducting business in the Virgin Islands; provided, however, that the minimum fee shall be $300.00.