A periodic filing required by most states to keep your business in good standing. Includes updated business information and a state fee.
Annual Reports (also called Annual Statements, Biennial Reports, or Periodic Reports depending on the state) are required filings to maintain your business in good standing with the state.
These reports update the state on your business information including address, registered agent, and officers/members. Missing an annual report can result in penalties, loss of good standing, or even administrative dissolution.
Benefits
Maintains good standing with the state
Avoids late fees and penalties
Prevents administrative dissolution
Keeps business information current
Required for business licenses and contracts
Jurisdictions
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LLC & C-Corp
1-3 business days
Due dates and fees vary by state
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