Annual Report for Your LLC
Your state mandates the filing of an Annual Report to maintain compliance for your LLC. This report ensures that your LLC remains in good standing. Keep in mind that fees and deadlines differ from state to state.
Even after your LLC is established, you will still need to complete additional paperwork with the state.
To meet ongoing requirements for your LLC, your state mandates an Annual Report filing and a yearly fee.
The Annual Report might be referred to by different names, such as:
- Annual Report
- Annual Statement
- Statement of Information
- Periodic Report
- Biennial Statement
- And more
Additionally, not all Annual Reports are filed annually.
Some states require LLCs to file an Annual Report every year, while others only require it every two years, which is known as a "Biennial" report.
For simplicity and clarity, a report is usually referred to as an "Annual Report" even if it is filed every two years.
The Purpose for Filing an Annual Report
Your LLC's compliance and good standing are preserved by the Annual Report, which also provides the state with your LLC's most recent contact details.
If you miss filing your Annual Report, the state may automatically dissolve your LLC.
The Annual Report will contain your LLC's name, office address, Registered Agent information, and the LLC Number provided by the Secretary of State.
Filing Fee and Due Date
States have different deadlines and costs for filing the Annual Report; the fees might range from $9 to $800 per year.
Due dates can also differ:
- Some Annual Reports are required annually.
- Others are due every two years, known as "Biennial Reports".
How Do You File and Pay for Your Annual Report
Generally, there are two ways you can file your Annual Report with your state:
You can file either by mail or online.
For mail filing, you will:
- Complete your Annual Report using a blue or black pen (or fill it out on your computer)
- Make a copy for your records
- Send it to the state along with a check or money order for the filing fee.
If you file online, you will:
- Complete and submit your Annual Report on the state's website
- Pay the filing fee using a debit or credit card
Regardless of the approach you take, be sure to submit your Annual Report on time.
Annual Report Reminders
Most states will send you a reminder before the deadline to file and pay your Annual Report, but not all states provide this notice.
It's a good idea to put up a recurring reminder on your calendar so you don't forget the deadline.
Consequences of Not Filing
If you miss the deadline for filing your Annual Report, you'll incur a late fee. Persistent failure to file can result in the state dissolving your LLC.
States vary in their enforcement, so it's wise not to risk missing the deadline.
How Can I File My Annual Report?
Most people handle their Annual Reports on their own after setting up their LLC. It’s a straightforward process where you usually just verify the information the state provides.
Typically, you'll either write a check or complete an online payment. Here’s how to get and file your Annual Report yourself.
If your LLC is already set up:
If you've already formed your LLC and need to learn how to file your Annual Report, choose your state below for our easy-to-follow instructions:
Where to get the Annual Report Form
If you've already formed your LLC but are unsure how to obtain your Annual Report from the state, visit your state's official website or contact their office for assistance.
If you're unsure where to locate your LLC Number or Business ID Number, we've provided a link to the state business entity search tools to assist you.
✎ Note:
If you hired a company to form your LLC, check if they’ll file the Annual Report for you (and whether they’ll charge you for it) or if you need to handle it yourself. Sometimes, filing might require purchasing an extra service from them.
Remember that even if you paid a company to form your LLC, the Annual Report is your responsibility. It's essential for keeping your LLC compliant and in good standing.