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Why Is an Annual Report Required?

Following the formation of your LLC, it is critical to adhere to your state’s filing deadlines in order to maintain good standing and prevent costly fees and penalties. Essentially, you must update your registered agent address and pay your yearly fee or franchise tax.

LLCs are not required to submit an annual or biannual report in the following states:

Alabama, Arizona, Arkansas, Delaware, Missouri, New Mexico, Ohio, and South Carolina are among the states represented.

Three Reasons Why You Should Hire a Registered Agent to File Your LLC’s Annual Report

Avoid the danger of late filing fines.
Maintain a flexible work schedule.
Keep your personal information private.

For additional information, see our entire guide, “What Is a Registered Agent?”
Legal Forms for Your LLC for Free

Get free templates for essential LLC documents:

Operating Agreement for an LLC
Resolutions of an LLC
Independent Contractor Service Agreement Employee Contract
Non-Disclosure Contract

 

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