What is Annual Report? Definition, requirements, and how it applies to your business formation. Learn everything about annual report filing for LLCs and corporations.
# Annual Report Filing
An annual report (sometimes called a biennial report or periodic report) is a filing required by most states to update your entity's public information on record. It confirms your current registered agent, principal address, and officers/members. Failure to file results in penalties and eventual administrative dissolution.
Annual report deadlines vary significantly: some states use the anniversary of formation, others set a fixed calendar date. Fees range from $0 (some states) to $500+. Most states now accept online filing.
Lovie tracks your annual report deadlines across all states where you're registered and sends advance reminders so you never lose good standing.