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Annual reports are required filings to maintain a business entity's good standing with the secretary of state. With a few exceptions, annual reports are not complex. They generally contain basic information about a company such as its principal address, registered agent, and officers and directors.
What Happens If You Don't File? Usually a state will smack your business with a late penalty, as a kind of warning shot, to get you to file your annual report as soon as possible, and you'll usually have a second deadline before the state takes any further action against your business.
No, the State of North Carolina does not assess any late fees. However, you will receive a notice that the state is going to dissolve your business if you don't file your report. From the date of the letter, you have 60 days to file or your business will be dissolved, which will bring other fees and penalties.
A business corporation annual report filed online is $20. If filed in paper form, the fee is $25. A Limited Liability Company and Limited Liability Partnership annual report fee is $203.
Most states require an annual report, also called a periodic report, statement of information, or annual registration. However, there are exceptions. For example, Arizona doesn't require an LLC annual report, and if you formed your company in Indiana, you only need to send the report every two years.
Each Business Corporation, Limited Liability Company, Limited Liability Partnership and Limited Liability Limited Partnership is required to file an annual report with the Secretary of State.
Once completed, make sure it is signed, dated, and the signature and capacity of the signer is included on the document. Mail to P.O. Box 29525, Raleigh, NC 27626-0525 or bring it into the office. Include the appropriate filing fee for your specific company type.
The filing fee for corporations is $20 (online) or $25 (paper). The filing fee for partnerships is $203 (online) or (200) paper.NC LLCs must file by April 15th each year and pay a $203 (online) or $200 (paper) filing fee. Complete your report online OR print and complete a paper form.