When Should Businesses File An Annual Report?

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.

Deborah Sweeney

Deborah Sweeney is an advocate for protecting personal and business assets for business owners and entrepreneurs. With extensive experience in the field of corporate and intellectual property law, Deborah provides insightful commentary on the benefits of incorporation and trademark registration.

Education: Deborah received her Juris Doctor and Master of Business Administration degrees from Pepperdine University, and has served as an adjunct professor at the University of West Los Angeles and San Fernando School of Law in corporate and intellectual property law.

Experience: After becoming a partner at LA-based law firm, Michel & Robinson, she became an in-house attorney for MyCorporation, formerly a division in Intuit. She took the company private in 2009 and after 10 years of entrepreneurship sold the company to Deluxe Corporation. Deborah is also well-recognized for her written work online as a contributing writer with some of the top business and entrepreneurial blogging sites including Forbes, Business Insider, SCORE, and Fox Business, among others.

Fun facts/Other pursuits: Originally from Southern California, Deborah enjoys spending time with her husband and two sons, Benjamin and Christopher, and practicing Pilates. Deborah believes in the importance of family and credits the entrepreneurial business model for giving her the flexibility to enjoy both a career and motherhood. Deborah, and MyCorporation, have previously been honored by the San Fernando Valley Business Journal’s List of the Valley’s Largest Women-Owned Businesses in 2012. MyCorporation received the Stevie Award for Best Women-Owned Business in 2011.