Do you know when to file an annual report? The start of the year is a good time for LLCs and corporations to review corporate compliance. Small businesses can stay in compliance with state regulations when they file an annual report.
What Is An Annual Report?
An annual report is sometimes known as an informational report. It is a document which records any changes made within the business throughout the year. As you file an annual report, you may note any changes to the following aspects of your business:
- Names and addresses of officers, directors, and members of the business.
- Current business address.
- Name and/or address of the business’ registered agent.
- If there have been changes in any business activities.
Where do I submit my annual report? You will submit this report to the Secretary of State in the state where your business is incorporated. Some of the requirements for materials which go into an annual report will vary depending on the state as well.
When Should I File An Annual Report?
The due date for filing an annal report varies by the state. Discover the full list of annual report deadlines for all 50 states in the MyCorporation Learning Center. Here you will find due dates for different entity formations and if an annual report is due on an annual or biennial basis.
Every state has its own deadlines for filing an annual report. However, each state does require a timely filing to keep small businesses in compliance. Should a small business not file an annual report on time, they risk being suspending by the state. The business may need to pay penalties and late fees. It can even face dissolution by the state.
Let MyCorporation Help File Your Annual Report
It can be difficult to remember when your annual report is due. Let MyCorporation assist you!
We know the filing deadlines for each state. This includes specific or predetermined dates each year, such as the anniversary of the corporation or LLC’s formation, when your annual report may be due. When you use MyCorporation’s annual filing service to file this document, we will automatically check the due dates and requirements for you. We can also assist with other maintenance requirements to set your small business up for success this year.
File your annual report today. Contact MyCorporation at mycorporation.com or give us a call at 877-692-6772.