Annual Report Preparation & Filing

Annual reports are essential to keep your LLC or Corporation in good standing.

Entity Management hCue

Filing Accurately and On Time Is Critical

Almost every state requires annual reporting to keep track of LLCs and corporations operating within its borders. While the forms typically call for basic information, they can be time-consuming and cryptic, especially if you do business in multiple states.

Your Annual Report Service Includes

Preparation of the Annual Report

Our detail-driven experts then take on the responsibility of preparing the report.

Computation of the Franchise Tax Owed

We verify your information is up-to-date and compute any franchise tax owed.

Filing of completed documents

We promptly file your report on your behalf and provide confirmation.

Annual Report Preparation & File

Avoid the harsh penalties associated with tardiness and inaccuracies and stay in good standing. State fees are calculated at the time of the filing.

Annual Report Due Dates per States & Entity Types

If you form a business entity with the state, you may be required to file periodic reports on the status of your entity to preserve your good standing and state registration. Each state has its own rules, and the rules may differ based on entity type. The following chart highlights the frequency and due dates for these state annual reports for five entity types.  

*Information current as of August 1, 2019. 

- All reports are due on an annual basis, unless otherwise indicated

- Due dates marked as “Anniversary” refer to the anniversary date of the entity’s organization or qualification in that state 

- Limited Liability Partnerships may owe an annual report, a registration renewal or both. States with renewal requirements are designated as Renewal in the chart below.

- This chart is intended as general guidance.  It is not legal advice.

* Entities operating on a fiscal year basis other than a calendar year may have a different due date.

** This state allows certain business entities to select their own due date. 

Annual Report FAQs

What is the purpose of annual reports?

Not all states have annual reports. Some have biennial reports (due every other year) instead. Whether annual or biennial, the primary purpose of a company’s annual report remains the same. An Annual Report provides updated information on the business. Many details for a business can change in the course of a year. The business may have moved locations. Management of the business might have changed. The annual report provides states with a means for keeping updated information on businesses.

What are the consequences of filing mistakes?

This can vary greatly depending on factors such as jurisdiction and the severity of the mistake. The consequences range from fines and penalties, to loss of access to courts, loss of name rights—even personal liability for company officers.

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