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Annual Report Filing

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What is an Annual Report?

Most state-registered businesses—including domestic, foreign and nonprofit LLCs and corporations—are required to file regular reports with the state, commonly called annual reports. On these reports, your company confirms or updates the basic business information on file with the state (such as contact information).

As the name suggests, these reports are usually due yearly. However, a few states, like Alaska and New York, require reports every two years. Some states call the reports by different names as well, such as annual renewals, annual registrations, biennial reports, business entity reports and periodic reports.

Note that the annual reports discussed here are the reports filed with the state—not financial or shareholder reports used internally or filed with a national agency like the SEC.

What Information Does an Annual Report Require?

Each state has their own requirements, but some of the most common annual report requirements include the following:

  • Business name
  • Business purpose
  • Principal address
  • Mailing address
  • Registered agent and office
  • Names and addresses of governors (those who run your business, such as directors, officers, managers or members)
  • Stock issued
  • Authorized signature

Generally, the information requested is similar to what you submit when you start an LLC or start a corporation. In a few states (like Arkansas), annual reports are paired together with other filings, like franchise taxes.

How Do I File an Annual Report?

Steps to filing annual reports vary state to state, but generally, you’ll need to determine your due date and submit the form and filing fee.

  • Due date: Some states have a set date for annual report submissions while others base your due date on when you registered your business in that state. You can see a state-by-state list of due dates in the chart at the bottom of this page. To help you remember to file, some states send a postcard or email notification reminder to your registered agent.
  • Filing method: In most states, you can file online (in a few states, like Colorado and Idaho, you’re actually required to file online). Otherwise, you can file with a paper form. The form may be mailed to you, but more commonly, you can download the form from your state’s business website (typically the Secretary of State website).
  • Filing fee: All states (except Idaho) require a filing fee for for-profit LLCs and corporations. Annual report fees in different states can be radically different. For instance, LLCs in Kentucky pay $15 each year while LLCs in Massachusetts pay $500.

Not keen on remembering due dates or filling out paperwork? Let us do it for you. Northwest’s Renewal Service keeps your business compliant. We’ll file your annual report for just $100 plus state filing fees.

What Happens If I Don’t File?

Failing to file your report can have a wide range of consequences, from losing your good standing to losing your business. In most states, a single missing report initially results in a late fee and a loss of good standing in the state.

A few states are a bit less forgiving. In Minnesota, for instance, if your domestic LLC or corporation doesn’t file the state’s annual renewal by December 31, it will be dissolved. This means you’ll need to reinstate your corporation or LLC, as well as file your missing renewal.

More commonly, however, states don’t administratively dissolve a business until the annual report remains unfiled for several months or even years—and some will simply let your company accumulate dust (and fees) as an inactive business.

Stay Compliant With Northwest

At Northwest, we offer renewal service to help keep your business in compliance. This premium service is added by default for every business we form or act as registered agent for. Rest easy knowing we will track your requirements and send you the right invoice when your report is due and take care of the filing on time. As with all of our services, renewal service  is simple to add or cancel on your terms, any time.

Our service includes:

  • Instant annual report service for only $100 (plus state fees)
  • Professionally prepared and submitted annual report
  • Guaranteed not to miss your annual report deadline
  • No hassles, no worries, no hidden fees, no kidding

And, most importantly…We’re just not annoying™.

When is My Annual Report Due?

State

Corporation

LLC

Alabama March 15. Due 2 1/2 months after tax ending period No annual report. File PPT with DOR by April 15, due 3 1/2 months after tax ending period
Alaska Jan 2, Biennially Biennially, Jan. 2
Arizona Annually according to date incorporated No Reports
Arkansas May 1 May 1st
California Anniversary - end of month Biennial - end of month
Colorado Within a 3 month period starting the first day of anniversary month, ending the last day of third month. Within a 3 month period starting the first day of anniversary month, ending the last day of the third month.
Connecticut Anniversary - end of month January 1st to March 31st
Delaware Mar. 1st June 1st
District of Columbia Biennial. April 1st Biennial. April 1st
Florida May 1st May 1st
Georgia April 1st April 1st
Guam July 1 - September 1 July 1 - September 1
Hawaii Anniversary-end of quarter filed in Anniversary-end of quarter filed in
Idaho Anniversary-end of month Anniversary-end of month
Illinois Before the first day of the anniversary month Before the first day of the anniversary month
Indiana Biennially, anniversary-last day of month Biennially, anniversary-last day of month
Iowa Biennially. April 1st on even years Biennially. April 1st on odd years
Kansas Biennially, April 15th-every other year from your start year Biennially, April 15th-every other year from your start year
Kentucky June 30th June 30th
Louisiana Anniversary-exact day Anniversary-exact day
Maine June 1st June 1st
Maryland April 15 April 15
Massachusetts 2.5 months after fiscal year end Anniversary date
Michigan May 15 Feb. 15
Minnesota Dec. 31 Dec.31
Mississippi April 15 April 15
Missouri 3 months after anniversary month ending No report
Montana April 15 April 15
Nebraska Mar. 1st on even years April 1st on odd years
Nevada Anniversary-end of month, Initial report due within 30 days of filing Anniversary-end of month, Initial report due within 30 days of filing
New Hampshire April 1 April 1
New Jersey Last day of anniversary month Last day of anniversary month
New Mexico Biennially, Mar. 15th. Initial report due within 30 days No report
New York Biennially, end of the month of filing date Biennially, end of the month of filing date
North Carolina April 15th or 15th day of 4th month after tax year end April 15
North Dakota August 1 November 15
Ohio No report unless professional corporation, then biennially No report
Oklahoma Anniversary-exact day. Business activity tax return: July 1st Anniversary-exact day. Business activity tax return: July 1st
Oregon Anniversary date Anniversary date
Pennsylvania June 30 September 30
Puerto Rico April 15 April 15
Rhode Island May 1 May 1
South Carolina C-corps: 15th day of 4th month after tax year end; S-corps: 15th day of 3rd month after tax year end No report unless taxed as an S-corp or C-corp
South Dakota First day of anniversary month First day of anniversary month
Tennessee April 1st or 1st day of 4th month after tax year end April 1st or 1st day of 4th month after tax year end
Texas May 15 May 15
Utah Anniversary date Anniversary date
Vermont March 15 March 15
Virginia Last day of anniversary month Last day of anniversary month
Washington Last day of anniversary month Last day of anniversary month
West Virginia July 1 July 1
Wisconsin Anniversary-by the last day of the quarter filed in Anniversary-by the last day of the quarter filed in
Wyoming First day of anniversary month First day of anniversary month

Let Us Handle Your Annual Report

Our real business experts will take care of your annual report filing from start to finish—all for just $100 plus state fees.