Forming your LLC is the start — staying compliant keeps it alive. The annual report is the recurring task most founders forget.
What an annual report is
A periodic filing (annual or biennial, varies by state) that updates the state on your LLC's basic info and pays a fee. It keeps you in good standing.
What happens if you miss it
You can lose good standing, incur late fees, and eventually face administrative dissolution — the state shutting down your LLC.
Staying on top of it
Calendar the deadline, or use a registered agent / compliance service that tracks and files it for you. See registered agent services.
Frequently asked questions
What is an LLC annual report?
A periodic state filing that keeps your LLC's information current and the company in good standing, usually with a fee.
What happens if I miss my annual report?
You can face late fees, loss of good standing, and eventually administrative dissolution of the LLC.
What does 'good standing' mean?
It means your LLC has met its state filing and fee obligations and is legally active and compliant.