Annual Report for Texas LLC

Once your Texas LLC is created, you must adhere to your state’s filing dates in order to maintain good standing and prevent costly fines or penalties.

This page addresses the following issues for a Texas LLC:

What exactly is an annual report?
How do I submit my yearly report?
Should I use a registered agent?

Texas LLC Annual Report Illustration

What Exactly Is an Annual Report?

An annual report in Texas is made up of two filings: an annual public information report and an annual franchise tax report. Every year, your LLC must make the following forms in order to submit your franchise tax return and update your company information:

Address of the company (es)
LLC officials’ names and residences (i.e., members, managers, directors, or officers)

This report is intended to keep your company records up to date with the State of Texas. This enables creditors and other interested parties to locate your company address in the event that they need to contact you. This information is used by the government to trace the payment of your LLC state taxes.

How Do I Submit My Annual Report?

Your Texas LLC annual report may be filed with the Comptroller of Public Accounts. The types of paperwork that your LLC must submit are determined by its total yearly income and whether it is subject to franchise tax.

Should I Hire a Registered Agent?

A registered agent is a person or corporation designated by your firm to receive and deliver documents on your behalf. You may guarantee that your LLC’s reports are always submitted on time to the relevant government agency by employing a registered agent service. The following are the three primary benefits of employing a registered agent service for your LLC:

Avoid late filing penalties: If a Texas LLC fails to submit an annual report, the state might dissolve it. A registered agent service will remind you when reports are due and, for an extra cost, will submit the file for you.
Gain flexibility: A registered agent service may receive and submit paperwork for your LLC during normal business hours, allowing you to avoid working from 9 a.m. to 5 p.m. every week. You may also employ a registered agent service to create an LLC in states where you do not already have a company presence.
Maintain your privacy: Using a registered agent service ensures your privacy by keeping your real address off public records. Furthermore, if your LLC is sued, the lawsuit will be served at the registered agent’s address rather than your place of business.