LLC annual report guide: deadlines, fees and what happens if you miss one
Most states require LLCs and corporations to file a periodic report, usually called an annual report, statement of information, or annual list. It confirms your company's current address, registered agent, and members or managers. Filing on time keeps your company in good standing.
How it works in different states
Each state sets its own name, schedule and fee. A few examples:
- Delaware: LLCs do not file an annual report but pay a flat annual tax, due by 1 June each year.
- California: LLCs file a Statement of Information every two years and also owe the state's annual franchise tax.
- Texas: LLCs do not file a Secretary of State annual report, but they file a franchise tax report and Public Information Report with the Comptroller, normally due 15 May.
- Nevada: LLCs file an Annual List and renew the state business license every year.
Our state LLC guides list the exact report, fee and deadline for every state.
What happens if you miss the deadline
- Most states charge a late fee or penalty.
- The company falls out of good standing, so you cannot get a certificate of good standing, and banks or lenders may refuse to work with you.
- If the report stays unfiled, the state can administratively dissolve or revoke the company. Getting it back then needs a reinstatement, which costs more than filing on time.
What you need to file
- Your company's exact name and state file number
- Principal office and mailing address
- Registered agent name and address
- Names and addresses of members, managers or officers, if your state asks for them
Incofile prepares and files the report with the state for you and keeps your future deadlines tracked in your dashboard with email reminders.