LLC Annual Report Filing Guide
You gain many benefits when registering an LLC, but with those perks come responsibilities, such as filing an annual report. Annual reports are document-style business information updates that LLCs must submit to their Secretary of State. These reports contain a range of information that you must file by a specific date, both of which you must get right to maintain good standing with your state. And good standing is imperative to your LLC’s success because you could lose your business without it.
What is an LLC Annual Report?
An annual report is a document that details your LLC’s general information and changes over the previous year. In many states, this report is due on or near the anniversary of your LLC registration, though some states use fixed calendar deadlines instead.
The information you provide in your LLC annual report helps your state determine the current status of your business and if the business is trading according to state requirements.
The purpose of an annual report for LLC
An annual report’s primary purpose is to provide specific business data to your governing state authorities and publicly disclose your LLC’s information and conditions over the past year.
Your LLC annual report also provides details regarding the current owners, business set-up information, and any changes since the last filing date.
Depending on location, annual reports go by different names, including “statement of information” or a “periodic report.”
Annual LLC report requirements
Annual reports give your state the most up-to-date information about your business and any changes since the last filing period.
These details include:
- Your LLC business name
- Your primary business address
- Members’ and managers’ names and addresses
- The business purpose, which industry you’re in, and how you operate
- Your registered agent’s contact information
- Your LLC Employer Identification Number (EIN)
- The name of your home state
- Your LLC state reference number
LLC Annual Report Filing Fees and Due Date
LLC Annual Report Requirements by State
Staying on top of filing reports and meeting deadlines can be an unwanted frustration for many new business owners. And finding your state’s specific details on a complicated government website often compounds the feeling.
To remove the frustration and make your life a little easier, we’ve compiled a list of annual report filings costs and dates (state by state).
| State | Filing Fee | Due Date |
| Alabama | No Annual Report is Required (basic information is needed as part of a business tax return filing) | – |
| Alaska | 100$ | Biennial Report – on January 2nd |
| Arizona | No Annual Report is Required. | – |
| Arkansas | 150$ + 5$ Online fee | Annually by May 1st |
| California | 20$ | Biennially by your registration anniversary. |
| Colorado | 10$ | Annually by your registration anniversary. |
| Connecticut | 80$ | Annually by March 31st |
| Delaware | Annual tax of 300$ (No annual report requirement) | Annually by June 1st |
| District of Columbia | 300$ | First report is due on April 1st after registration. After the first filing, Biennial reports by April 1st |
| Florida | 138.75$ | Annually by May 1st |
| Georgia | 50$ | Annually by April 1st |
| Hawaii | 15$ | Annually by your registration anniversary. |
| Idaho | 0$ | Annually by the last day of the anniversary registration. |
| Illinois | 75$ | Annually by the last day of the anniversary registration. |
| Indiana | 32$ | Biennially by the last day of the anniversary registration. |
| Iowa | 60$ | Biennial report by April 1st |
| Kansas | 55$ | Annually by April 15th |
| Kentucky | 15$ | Annually by June 30th |
| Louisiana | 30$ | Annually by your registration anniversary. |
| Maine | 85$ | Annually by June 1st |
| Maryland | 300$ | Annually by April 15th |
| Massachusetts | 500$ | Annually by your registration anniversary. |
| Michigan | 25$ | Annually by February 15th |
| Minnesota | 0$ | Annually by December 31st |
| Mississippi | 0$ | Annually by April 15th |
| Missouri | No Annual Report is Required. | – |
| Montana | 20$ | Annually by April 15th |
| Nebraska | 10$ | Biennial by April 1st |
| Nevada | 150$ | Annually by your registration anniversary. |
| New Hampshire | 100$ | Annually by April 1st |
| New Jersey | 75$ | Annually by your registration anniversary. |
| New Mexico | No Annual Report is Required. | – |
| New York | 9$ | Biennially by your registration anniversary. |
| North Carolina | 203$ | Annually by April 15th |
| North Dakota | 50$ | Annually by November 15th |
| Ohio | No Annual Report is Required. | – |
| Oklahoma | 25$ | Annually by your registration anniversary. |
| Oregon | 100$ | Annually by your registration anniversary. |
| Pennsylvania | 70$ | Decennial report by December 31st |
| Rhode Island | 50$ | Annually by May 1st |
| South Carolina | No Annual Report is Required (unless elected S-Corp taxation) | – |
| South Dakota | 50$ | Annually by your registration anniversary. |
| Tennessee | 300$ + 50$ per member | Annually by April 1st |
| Texas | 0$ | Annually by May 15th |
| Utah | 20$ | Annually by your initial registration date. |
| Vermont | 35$ | Annually by March 31st |
| Virginia | 50$ | Annually by your registration anniversary. |
| Washington | 60$ | Annually by your registration anniversary. |
| West Virginia | 25$ | Annually by July 1st |
| Wisconsin | 25$ | Annually by your registration anniversary. |
| Wyoming | 60$ | Annually by your registration anniversary. |
Most states require you to file a report yearly. However, some have biennial report filing dates (every 2nd year), others less frequently, like Pennsylvania, where you submit every 10 years. And some states, like Missouri, don’t require you to file an annual report.
It’s important to note that the filing requirements, whether it’s an annual report, there’s no requirement at all, or a biennial report may change over time and it’s crucial to maintain annual compliance with the state and remain in good standing. Be sure to receive updates from the state in case the requirement will change.
Filing fees and due dates vary depending on the entity type (including an LLC, corporation, and limited partnership) and whether they’re domestic or foreign to a state.
Filing your annual report ensures your business remains compliant with all state government regulations, which helps preserve your flow-through tax status and limited liability protection.
Average LLC annual report filing fees
LLC annual report filing fees range from $10 to $500, depending on your state.
LLC annual report due dates
Report due dates also vary depending on your state of registration.
Some states implement a predetermined date for all business entities to file their reports. In contrast, others make you file it within 30 or 60 business days of your formation date.
LLC annual report reminders
Certain states send you annual report reminder forms to help you meet your deadline.
You can decline to receive an annual report reminder or opt to continue receiving it yearly.
When you choose to receive it, your state will email your reminder only if your business doesn’t have any outstanding annual reports and your company email address is on their file. Otherwise, they’ll send you a reminder by mail.
But if your state doesn’t send an annual report reminder, you can outsource to an annual report filing service, like the one here at Tailor brands.
What Happens If You Fail to File an LLC Annual Report?
Annual reports often feel like a formality, resulting in some businesses forgetting to file. But not filing on time (or at all) is a severe offense that comes with consequences.
Late fees and fines
When you fail to file your annual report on time, states can impose late filing fees and penalties that you must pay on top of your regular filing fee.
Filing fees vary; for example, in Florida, the late filing fee is $400. North Carolina doesn’t charge a late filing fee penalty, but instead, you’ll receive a “Notice for Grounds for Administrative Dissolution” if you don’t file your report.
Penalties
Not filing can result in losing your business’s “good standing” with your state. Losing your good standing can compromise your business activities; it’s often impossible to open a business bank account without it.
To gain your good standing back, you must file a reinstatement form, submit your outstanding annual report, and pay the late filing fines and an extra fee.
Taxes
Many states also make you pay other business taxes that could coincide with filing your LLC annual reports, such as franchise tax and sales and use tax.
Dissolution
If you fail to file by a specific date, your state will dissolve your LLC and remove it from their register, losing your limited liability protection and possibly your business name.
How to File an LLC Annual Report
Once you’ve completed your annual report form, you must submit it to your state along with the filing fee.
Almost all states allow you to file your LLC annual report online using their Secretary of State’s website. But some still require you to use a paper filing system that you then mail to the appropriate office.
Before you file, check with your Secretary of State’s website for details. Or remove the hassle and use our compliance and annual report filing service.
Repeat the process for other states you’re registered in
If you’ve registered as a foreign LLC in other states, you might have to file an annual report where you’re doing business.
Check with each state you’re operating in to confirm their filing dates, fees, and requirements.
Conclusion
Filing accurate annual reports on time is crucial for maintaining good standing with your state and protecting you and your LLC.
When you form your LLC, check all state report compliances and provide your contact details so they can remind you of your due filing date.
Keep in mind that even if you don’t receive a reminder, it’s your responsibility to submit your LLC annual report on time.
So, ensure you avoid late date fees by using a due date calendar reminder for all your reports.
FAQ
An LLC annual report is a required filing that keeps your limited liability company in good standing with the state. It updates your business information, such as your registered agent, principal address, and members or managers. Filing your LLC’s annual report on time helps you avoid penalties and ensures legal compliance.
Most U.S. states require LLCs to file an annual report, but a few have different rules. For example, Arizona and Missouri do not require annual reports, and Pennsylvania requires one every ten years. Always check your state’s Secretary of State website to confirm whether your LLC annual report filing is required.
The due date for LLC annual reports varies by state. Some states require filing by the anniversary of your LLC’s formation, while others have fixed dates such as April 1 or June 30. Missing your annual report deadline can lead to late fees or loss of good standing, so set reminders and check your state-specific requirements.
LLC annual report fees differ depending on the state. Some states charge less than $20, while others may charge several hundred dollars. For instance, Florida’s LLC annual report fee is $138.75, and Delaware charges $300. Check your state’s official website for the most accurate and up-to-date pricing.
Failing to file your LLC annual report on time can result in serious consequences including late filing penalties, loss of good standing, and administrative dissolution of your LLC. To keep your business compliant and active, always file your LLC annual report by the state’s deadline.
