LLC Annual Report: What It Is and How to File

An annual report (sometimes called a periodic report, annual statement, or annual registration) is a filing required by most states to keep your LLC in good standing. It is not an accounting document — it is a simple form that updates the state on your LLC's basic information.

What an Annual Report Includes

Typical information required:

• LLC name and state file number
• Principal office address
• Registered agent name and address
• Names of managers or members (in some states)
• Nature of business (some states)

That is it. No financial information, no tax data, no profit/loss statements. It takes 5-15 minutes to complete.

Costs by State (Selected)

How to File

Most states offer online filing through the Secretary of State's website. The process is simple: log in (or enter your LLC's file number), verify the information on file, update anything that has changed, pay the fee, and submit.

When It's Due

Due dates vary by state:

• Anniversary date: Many states (Wyoming, Colorado) base the due date on your formation anniversary.
• Calendar date: Some states use a fixed date for all LLCs (Florida: May 1, Texas: May 15).
• Month-based: Some states assign the due date based on your LLC's name or formation month.

How to Never Miss It

1. Set a calendar reminder for 30 days before the due date.
2. Set a second reminder for 7 days before.
3. Use a service like Sedes that automatically tracks your deadline and sends you reminders.

Missing your annual report can result in late fees, loss of good standing, and eventual dissolution. It is a 10-minute task that keeps your LLC alive — do not skip it.