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Annual Compliance Guide

LLC Compliance Guide 2026
Never Miss a Deadline

State-by-state annual report deadlines, registered agent rules, and the complete compliance checklist to keep your LLC in good standing — year after year.

📅 50 State Deadlines ⚠️ Late Fee Warnings ✓ Printable Checklist

⚠️ Missing deadlines can dissolve your LLC

Most states will administratively dissolve your LLC if you miss annual report filings. Dissolution means you lose liability protection immediately — personal assets become exposed. California additionally charges an $800 minimum franchise tax even if you have zero revenue. Always know your state's deadlines.

Annual Report Requirements by State

Due dates, filing fees, and where to file for all 50 states. Updated for 2026.

State Report Required Annual Fee Due Date Filed With Late Penalty
AlabamaYes$100April 15Secretary of State$50 + dissolution
AlaskaYes (Biennial)$100Jan 2 (odd years)CBPL$37.50/month
ArizonaNo Annual Report$0N/AN/AN/A
ArkansasYes$150May 1Secretary of State$25 late fee
CaliforniaYes (Biennial)$800 franchise tax + $20 reportWithin 90 days of formation, then every 2 yearsSecretary of State + FTB$200+ penalties + $800 minimum tax
ColoradoYes$10Anniversary monthSecretary of State$50 late fee
ConnecticutYes$80March 31Secretary of State$50 late fee
DelawareYes$300June 1Division of Corporations$200 + interest
FloridaYes$138.75May 1Division of Corporations$400 late fee after Sept 1
GeorgiaYes$50April 1Secretary of State$25 late + dissolution risk
HawaiiYes$15Anniversary quarterDept. of Commerce$20/month
IdahoYes$0 (free!)Last day of anniversary monthSecretary of State$30 late fee
IllinoisYes$75Anniversary monthSecretary of State$100 penalty
IndianaYes (Biennial)$30Last day of anniversary month (even years)Secretary of State$30 late fee
IowaYes (Biennial)$30April 1 (odd years)Secretary of State$45 late fee
KansasYes$55April 15Secretary of State$40 late fee
KentuckyYes$15June 30Secretary of State$75 late fee
LouisianaYes$35Anniversary dateSecretary of State$30 + dissolution
MaineYes$85June 1Secretary of State$50 + dissolution
MarylandYes$300April 15Dept. of Assessments$30 per year unpaid
MassachusettsYes$520Anniversary dateSecretary of StateLate filing not allowed — must file before dissolution
MichiganYes$25February 15LARA$50 late fee
MinnesotaYes$0 (free!)December 31Secretary of State$25 + dissolution risk
MississippiYes$0 (free!)April 15Secretary of State$50 + dissolution
MissouriNo Annual Report$0N/AN/AN/A
MontanaYes$15April 15Secretary of State$15 + dissolution
NebraskaYes (Biennial)$13+April 1 (odd years)Secretary of State$25 + publication required
NevadaYes$200Last day of anniversary monthSecretary of State$75 late fee + revocation
New HampshireYes$100April 1Secretary of State$50 late fee
New JerseyYes$75Anniversary monthDiv. of Revenue$200 reinstatement fee
New MexicoNo Annual Report$0N/AN/AN/A
New YorkYes (Biennial)$9Anniversary month (odd/even years based on formation)Secretary of State$25 late fee
North CarolinaYes$200April 15Secretary of State$200 + dissolution
North DakotaYes$50November 15Secretary of State$50 late fee
OhioNo Annual Report$0N/AN/AN/A
OklahomaYes$25Anniversary dateSecretary of State$10/month
OregonYes$100Anniversary monthSecretary of State$50 late fee
PennsylvaniaYes (Decennial)$70Every 10 yearsDept. of StateDissolution
Rhode IslandYes$50November 1Dept. of State$50 late fee
South CarolinaNo Report (but fee)$0N/AN/AN/A
South DakotaYes$50Anniversary monthSecretary of State$50 late fee
TennesseeYes$300 minimumApril 1Secretary of State$75 + dissolution
TexasYesFranchise tax based on revenueMay 15Comptroller of Public Accounts5-10% penalty + interest
UtahYes$18Anniversary monthDiv. of Corporations$10 + dissolution
VermontYes$35March 15Secretary of State$25 late fee
VirginiaYes$50Last day of anniversary monthState Corporation Commission$25 + automatic cancellation
WashingtonYes$71Anniversary monthSecretary of State$25 late fee
West VirginiaYes$25July 1Secretary of State$50 + dissolution
WisconsinYes$25Anniversary quarterDept. of Financial Institutions$40 late fee
WyomingYes$52 minimum (0.0002% of assets)Anniversary monthSecretary of State$50 + dissolution after 60 days

💡 States With No Annual Report Requirement

Arizona, Missouri, New Mexico, and Ohio have no annual report or state LLC fee. However, you still need to maintain a registered agent and may have other state tax obligations. Always verify with your state's Secretary of State website.

The LLC Compliance Checklist

Print this out and review it quarterly. Most LLC compliance failures happen from simple oversight, not malicious intent.

Annual Tasks

Every Year

File your annual report — due dates vary by state (see table above). Set a calendar reminder 60 days before.

Pay state annual fees — never let these lapse. Even if your business had no revenue.

Renew registered agent — confirm your registered agent's address is current and their service is renewed.

File federal/state tax returns — single-member LLCs: Schedule C. Multi-member: Form 1065 + K-1s.

Review your operating agreement — update it if ownership, management, or business activities changed.

Renew business licenses — city, county, and state-specific licenses vary. Check your original application for renewal dates.

Reconcile business bank accounts — separate from personal. Commingling funds can pierce the corporate veil.

One-Time Setup

Do This Once

Open a dedicated business bank account — never use your personal account for business. This is the most important thing you can do to protect the LLC shield.

Get a business EIN — even single-member LLCs benefit from a separate EIN from their SSN. Free from IRS.gov.

Create or update operating agreement — required for bank accounts in most states. Defines ownership percentages and rules.

Set up registered agent — required in every state. Use your own address or a service.

Get required business licenses — check with your city/county clerk and your state's business license portal.

Set up business insurance — general liability at minimum. Professional liability if you give advice. Commercial auto if using vehicles for business.

Ongoing Best Practices

Continuous

Track all business income and expenses — use QuickBooks, Wave (free), or even a simple spreadsheet. Mixes create tax and legal problems.

Pay yourself properly — single-member LLC: owner draws are fine. S-Corp election: must pay yourself a "reasonable salary."

Sign contracts as the LLC — always sign "[Your Name], Member of [LLC Name], LLC" — never just your personal name. Mistakes here expose you personally.

Keep registered agent info current — if your RA moves or changes, update with the state immediately. Lawsuits served to old addresses can result in default judgments.

Document major decisions — in writing. Even informal email chains help. Multi-member LLCs should pass written resolutions for significant actions.

Registered Agent: Your Options

Every LLC needs a registered agent with a physical address in the state of formation. Here's how to choose.

Be Your Own Registered Agent

$0 per year

Use your own address. Only works if you have a physical address (not PO Box) in your state of formation.

  • No annual cost
  • You control timing of documents
  • Works if you're always at your address
  • Your address becomes public record
  • If you travel frequently, you may miss documents
  • Lawsuits can be served to you publicly

Use Your Attorney or CPA

$100–$300 per year

Your existing legal or accounting professional can serve as registered agent. Premium option with direct professional oversight.

  • Your advisor receives documents immediately
  • Can respond to legal matters promptly
  • Professional privacy protection
  • Higher annual cost
  • Best for high-liability businesses

Compliance FAQ

Administrative dissolution means the state has removed your LLC from its active records. Key consequences: (1) You lose personal liability protection immediately — if something goes wrong during this period, your personal assets are exposed. (2) Anyone can use your business name in the state. (3) You cannot legally conduct business or sign contracts on behalf of the LLC. Most states allow reinstatement within 1-5 years by paying back fees plus a reinstatement fee ($50-$200). After that window, you may need to form a new LLC — potentially losing your original registration date and business name.
Yes, through a process called "foreign qualification" or "foreign registration." If your LLC (formed in Texas, for example) regularly conducts business in California — has employees there, a physical location, or makes significant sales there — you likely need to register as a "foreign LLC" in California. Foreign qualification costs $70-$750 depending on the state, plus ongoing annual fees and a registered agent in that state. Operating without foreign qualification can result in fines and inability to sue in that state's courts.
Technically, most states don't require it for single-member LLCs. Practically, you should have one anyway: (1) Banks often require it to open a business account. (2) It establishes that the LLC is a separate entity from you — critical for maintaining the liability shield. (3) It defines what happens if you become incapacitated or die (who takes over? who gets the assets?). A basic single-member operating agreement takes 20 minutes to create using a free template.
Piercing the corporate veil is when a court ignores your LLC's liability protection and holds you personally responsible for business debts or lawsuits. Courts do this when they find the LLC was a "sham" — when the owner treated business and personal affairs as interchangeable. Common triggers: mixing personal and business funds, failing to maintain basic records, undercapitalizing the business (not putting in enough money to fund actual operations), using the business to commit fraud, and failing to maintain basic formalities. Prevention: separate bank accounts, document major decisions, sign contracts as the LLC, maintain adequate capitalization, file annual reports on time.
File a "Statement of Change of Registered Agent" (or similar form) with your state's Secretary of State. Fees range from $0-$50 depending on the state. The change is effective immediately upon filing. Important: don't stop receiving mail at your old registered agent address until you've confirmed the state has processed the change (usually 1-5 business days). Many registered agent services will handle this transfer for you as part of their service when you switch.
Not if you're operating in California. California's $800 minimum franchise tax applies to every LLC that: (1) is formed in California, OR (2) is registered to do business in California (foreign LLC), OR (3) does business in California even without formal registration. Forming your LLC in Wyoming or Nevada doesn't help if you're operating in California — you'd still need foreign qualification and still owe the $800. The only legitimate way to avoid it: don't operate in California. One exception: LLCs formed in CA in their first year of business (effective for tax years starting 2021) are exempt from the $800 fee for the first taxable year.

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