Seller Success

What is an Annual Report?

An annual report is a document that contains comprehensive financial information about public companies, small and large corporations, non-profit organizations, partnerships, and other businesses. It includes their financial performance and activities over the prior fiscal year.

Some types of businesses must prepare and file an annual report by law with the Secretary of State where the company operates. Other companies prepare annual reports to keep shareholders, employees, and the community informed regarding the company's financial health.

What Is the Purpose of an Annual Report?

In general, most states require corporations and other businesses with shareholders to file annual reports. If they fail to do so, they may lose their corporate designation and the tax advantages that go with that designation.

Annual reports can also be known as "business annual reports," "statements of information," or "yearly statements."

Beyond the legal requirements, they also:

Who Files the Annual Report?

A business entity's size will typically determine whether an in-house staff member will prepare an annual report or if an outside firm will be retained.

Larger organizations often have employees within the company who are designated to complete this essential undertaking.

When Should Annual Reports Be Filed?

To the extent your state requires an annual report to be filed, it's always best to timely file required annual reports and financial statements with the Secretary of State, and pay any requisite fees.

A review of a state-by-state list of the annual report filing deadlines reveals that the filing date, the type of filing required, and the fees involved vary greatly depending upon the state in which your business was formed or is currently operating.

Be aware that the failure to promptly file the annual report and remit any fees due and owing could result in severe penalties or the complete dissolution of the business.

Annual Report Due Dates for All 50 States

Annual Report Due Dates for All 50 States

State

Where to File

Corp

LLC

LP

LLP

Due Date

AL

Department of Revenue

Annual

Annual

Annual

Annual

2 1/2 Months after Fiscal Year-End

AK

Secretary of State

Biennial

Biennial

None

Biennial

Jan 2 (odd/even years)

AR

Secretary of State

Franchise Tax Report

Franchise Tax Report

Annual

Annual

May 1

AZ

Secretary of State or ACC

Annual

None

1/1 - 4/30

Annual

Anniversary

CA

Secretary of State

Annual

Biennial

None

Annual

Anniversary

CO

Secretary of State

Annual

Annual

Annual

Annual

Anniversary

CT

Secretary of State

Annual

Annual

Annual

Annual

Anniversary

DE

Secretary of State

Annual (March 1)

Annual (June 1)

Annual (June 1)

Annual (June 1)

Varies

DC

Dept. of Consumer and Regulatory Affairs

Biennial (April 1)

Biennial (April 1)

Biennial (April 1)

Biennial (April 1)

Varies

FL

Secretary of State

Annual

Annual

Annual

Annual

May 1

GA

Secretary of State

Annual

Annual

Annual

Annual

April 1

HI

Dept. of Commerce and Consumer Affairs

Annual

Annual

Annual

Annual

Anniversary End of Quarter

ID

Secretary of State

Biennial

Biennial

None

Biennial 11/30

Varies

IL

Secretary of State

Annual

Annual

Biennial

Annual

Anniversary

IN

Secretary of State

Biennial

Biennial

None

None

Anniversary

IA

Secretary of State

Biennial (even years)

Biennial (odd years)

Biennial (odd years)

None

April 1

KS

Secretary of State

Annual

Annual

Annual

Annual

15th day of 4th month after FYE

KY

Secretary of State

Annual ( June 30)

Annual ( June 30)

Annual ( June 30)

Anniversary

Varies

LA

Secretary of State

Annual

Annual

Annual

Annual

Anniversary

ME

Secretary of State

Annual

Annual

Annual

Annual

June 1

MD

Dept. of Assessment and Taxation

Annual

Annual

Annual

Annual

April 15

MA

Secretary of State

Annual (within 15 days of FYE)

Annual

Annual

Annual

Varies

MI

Secretary of State

Annual (May 15)

Annual (February 15)

None

None

None

MN

Secretary of State

Annual

Annual

None

Annual

December 31

MS

Secretary of State

Annual

Annual

None

None

April 1

MO

Secretary of State

None

Annual

Annual

Annual

Anniversary

MT

Secretary of State

Annual (before April 15)

Annual (before April 15)

Renewal Filing (every 5 years based on anniversary)

Renewal Filing (every 5 years based on anniversary)

April 15

NE

Secretary of State

Biennial (March 1 - Even Years)

Annual (April 1 - Odd Years)

None

Annual (April 1)

Varies

NV

Secretary of State

Annual List

Annual List

Annual List

Annual List

Anniversary

NJ

Secretary of State

Annual

Annual

Annual

Annual

15th day after 4th month following FYE Anniversary

NM

Secretary of State

Biennial

None

None

Annual (April 1)

15th day before 3rd month after FYE

NY

Secretary of State

Biennial

Biennial

None

Every 5 Years

Anniversary

NC

Secretary of State

Annual (Anniversary)

Annual (April 15)

None

Annual (April 15)

Varies

ND

Secretary of State

Annual (Domestic: Aug 1) (Foreign: May 15)

Annual (November 15th)

Annual (April 1)

Annual (April 1)

Varies

OH

Treasurer of State

None

None

None

Biennial (July 31)

July 31

OK

State Tax Commission

Annual Certificate (Foreign files on anniversary)

Annual Certificate

Annual Certificate

None

July 1

OR

State Tax Commission

Annual

Annual

Annual

Annual

Anniversary

PA

State Tax Commission

Decennial

Decennial

Decennial

Decennial

Anniversary

RI

State Tax Commission

Annual (March 1)

Annual (Nov 1)

None

None

Varies

RI

State Tax Commission

Annual (March 1)

Annual (Nov 1)

None

None

Varies

SC

Department of Revenue or Secretary of State

Annual (DOR - 15th day of 3rd month after FYE)

None

None

Annual Renewal (SOS -Anniversary)

Varies

SD

Secretary of State

Annual (Anniversary)

Annual (first day of the 2nd month following the anniversary)

None

Annual (Anniversary)

Varies

TN

Secretary of State

Annual

Annual

None

Annual

First day of the fourth month following FYE

TX

Franchise Tax Dept.

Annual Franchise Tax Report and Public Information Report

Annual Franchise Tax Report and Public Information Report

Annual Franchise Tax Report and Public Information Report

Annual Franchise Tax Report and Public Information Report

May 15th

UT

Secretary of State

Annual

Annual

Annual

Annual

Anniversary

VT

Secretary of State

Annual (March 15)

Annual (March 15)

Annual (April 1)

Annual

Varies

VA

State Corporation Commission

Annual

Annual (Sept 1)

None

Annual (Sept 1)

Anniversary

WA

Department of Licensing

Annual

Annual

Every 5 Years

Annual

Anniversary

WV

State Tax Commissioner

Annual

Annual

Annual

Annual

June 30

WI

Department of Financial Institutions

Annual (see below)

Annual (see below)

None

None

Varies

WY

Secretary of State

Annual

Annual

Annual

Annual

Anniversary

Annual Report Due Dates for All 50 States

State Where to File Corp LLC LP LLP Due Date
AL Department of Revenue Annual Annual Annual Annual 2 1/2 Months after Fiscal Year-End
AK Secretary of State Biennial Biennial None Biennial Jan 2 (odd/even years)
AR Secretary of State Franchise Tax Report Franchise Tax Report Annual Annual May 1
AZ Secretary of State or ACC Annual None 1/1 - 4/30 Annual Anniversary
CA Secretary of State Annual Biennial None Annual Anniversary
CO Secretary of State Annual Annual Annual Annual Anniversary
CT Secretary of State Annual Annual Annual Annual Anniversary
DE Secretary of State Annual (March 1) Annual (June 1) Annual (June 1) Annual (June 1) Varies
DC Dept. of Consumer and Regulatory Affairs Biennial (April 1) Biennial (April 1) Biennial (April 1) Biennial (April 1) Varies
FL Secretary of State Annual Annual Annual Annual May 1
GA Secretary of State Annual Annual Annual Annual April 1
HI Dept. of Commerce and Consumer Affairs Annual Annual Annual Annual Anniversary End of Quarter
ID Secretary of State Biennial Biennial None Biennial 11/30 Varies
IL Secretary of State Annual Annual Biennial Annual Anniversary
IN Secretary of State Biennial Biennial None None Anniversary
IA Secretary of State Biennial (even years) Biennial (odd years) Biennial (odd years) None April 1
KS Secretary of State Annual Annual Annual Annual 15th day of 4th month after FYE
KY Secretary of State Annual ( June 30) Annual ( June 30) Annual ( June 30) Anniversary Varies
LA Secretary of State Annual Annual Annual Annual Anniversary
ME Secretary of State Annual Annual Annual Annual June 1
MD Dept. of Assessment and Taxation Annual Annual Annual Annual April 15
MA Secretary of State Annual (within 15 days of FYE) Annual Annual Annual Varies
MI Secretary of State Annual (May 15) Annual (February 15) None None None
MN Secretary of State Annual Annual None Annual December 31
MS Secretary of State Annual Annual None None April 1
MO Secretary of State None Annual Annual Annual Anniversary
MT Secretary of State Annual (before April 15) Annual (before April 15) Renewal Filing (every 5 years based on anniversary) Renewal Filing (every 5 years based on anniversary) April 15
NE Secretary of State Biennial (March 1 - Even Years) Annual (April 1 - Odd Years) None Annual (April 1) Varies
NV Secretary of State Annual List Annual List Annual List Annual List Anniversary
NJ Secretary of State Annual Annual Annual Annual 15th day after 4th month following FYE Anniversary
NM Secretary of State Biennial None None Annual (April 1) 15th day before 3rd month after FYE
NY Secretary of State Biennial Biennial None Every 5 Years Anniversary
NC Secretary of State Annual (Anniversary) Annual (April 15) None Annual (April 15) Varies
ND Secretary of State Annual (Domestic: Aug 1) (Foreign: May 15) Annual (November 15th) Annual (April 1) Annual (April 1) Varies
OH Treasurer of State None None None Biennial (July 31) July 31
OK State Tax Commission Annual Certificate (Foreign files on anniversary) Annual Certificate Annual Certificate None July 1
OR State Tax Commission Annual Annual Annual Annual Anniversary
PA State Tax Commission Decennial Decennial Decennial Decennial Anniversary
RI State Tax Commission Annual (March 1) Annual (Nov 1) None None Varies
SC Department of Revenue or Secretary of State Annual (DOR - 15th day of 3rd month after FYE) None None Annual Renewal (SOS -Anniversary) Varies
SD Secretary of State Annual (Anniversary) Annual (first day of the 2nd month following the anniversary) None Annual (Anniversary) Varies
TN Secretary of State Annual Annual None Annual First day of the fourth month following FYE
TX Franchise Tax Dept. Annual Franchise Tax Report and Public Information Report Annual Franchise Tax Report and Public Information Report Annual Franchise Tax Report and Public Information Report Annual Franchise Tax Report and Public Information Report May 15th
UT Secretary of State Annual Annual Annual Annual Anniversary
VT Secretary of State Annual (March 15) Annual (March 15) Annual (April 1) Annual Varies
VA State Corporation Commission Annual Annual (Sept 1) None Annual (Sept 1) Anniversary
WA Department of Licensing Annual Annual Every 5 Years Annual Anniversary
WV State Tax Commissioner Annual Annual Annual Annual June 30
WI Department of Financial Institutions Annual (see below) Annual (see below) None None Varies
WY Secretary of State Annual Annual Annual Annual Anniversary

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