What is an LLC annual report?
An annual report is a short filing that keeps your LLC's public record up to date with the state where it's registered. It isn't a financial statement or a tax return. States use it to confirm that the company still exists, where to reach it and who manages it.
The details vary by state. Florida's report, for example, asks for the principal office and mailing addresses, the EIN and at least one person with authority to manage the company. States give it different names, such as annual statement, annual renewal, annual certificate or biennial report, but the job is the same.
Some states also charge a franchise tax, a yearly tax for the right to exist as a company in that state. Unlike income tax, a minimum franchise tax is due even when the LLC has no revenue. Your federal filings are separate: a foreign-owned single-member LLC files Form 5472 with the IRS every year, whichever state it's in.
LLC annual report fees in every state
The yearly cost is what a small LLC with little or no income pays the state each year. Biennial fees are split into a yearly amount, and minimum taxes are included because they're due whatever the LLC earns. States without a yearly figure in the table are ones whose 2026 fees we haven't confirmed with the state yet.
States with the highest yearly cost
| State | Yearly cost | What you pay | Due |
|---|---|---|---|
| California | $810 | $800 minimum tax + $20 statement every 2 years | 15th day of the 4th month of your tax year (April 15 for calendar-year LLCs) |
| Delaware | $400 | $400 flat tax | June 1 |
| Maryland | $300 | $300 | April 15 |
| North Carolina | $203 | $203 online ($200 by mail) | April 15 |
| Arkansas | $150 | $150 | May 1 |
| District of Columbia | $150 | $300 every 2 years | April 1, every 2 years |
Taxes, not report fees, put a state at the top of this list. Among states that charge only a report fee, Maryland is the highest at $300. Most states charge $50 a year or less, so the expensive states stand out.
Which states don't require an LLC annual report?
These states don't ask LLCs for an annual or biennial report, which makes them the lowest-maintenance options. Some still have a one-time step or a tax that can apply:
- Alabama: LLCs file no annual report with the Secretary of State. The business privilege tax return goes to the Department of Revenue only when the tax works out to more than $100; at $100 or less there's no tax and no return (tax years from 2024).
- Arizona: Arizona LLCs file no annual report. Within 60 days of formation, a new LLC must publish a notice of its articles in a newspaper three times, unless its statutory agent is in Maricopa or Pima County, where the Commission posts the filing online instead.
- Missouri: Missouri LLCs file no annual or biennial report; only corporations do.
- New Mexico: LLCs file no annual or biennial report with the Secretary of State. An LLC that elects to be taxed as a corporation pays New Mexico's $50 yearly corporate franchise tax.
- South Carolina: South Carolina's LLC act doesn't require LLCs to file annual reports with the Secretary of State.
A few states require a yearly report but charge nothing for it, so the only cost is remembering to file:
| State | What you file | Due |
|---|---|---|
| Minnesota | Annual renewal | December 31 |
| Mississippi | Annual report | Between January 1 and April 15 |
| Texas | Franchise tax Public Information Report | May 15 |
Which states have biennial reports?
These states ask for a report every two years instead of every year. You pay the fee once per filing, so the yearly equivalent is half of it.
| State | Fee | Per year | Due |
|---|---|---|---|
| District of Columbia | $300 every 2 years | $150 | April 1, every 2 years |
| Iowa | $30 every 2 years online ($45 on paper) | $15 | Between January 1 and April 1 of odd-numbered years |
| Kansas | $80 every 2 years | $40 | April 15, every 2 years |
| New York | $9 every 2 years | $4.50 | Your anniversary month, every 2 years |
Check which years apply to you. Some states use the same odd or even years for every LLC, while others count from the year you formed or from your anniversary month.
Which states charge LLCs a franchise tax?
In these states, part or all of the yearly cost is a tax rather than a report fee. The minimum amount is owed even in a year with no revenue:
- Arkansas: $150. Due: May 1.
- California: $800 minimum tax + $20 statement every 2 years. Due: 15th day of the 4th month of your tax year (April 15 for calendar-year LLCs).
- Delaware: $400 flat tax. Due: June 1.
- Wyoming: $60 minimum. Due: First day of your anniversary month.
Texas works differently. Its franchise tax applies only when annualized total revenue is above $2.65 million for 2026 and 2027 reports, but every LLC still files a Public Information Report by May 15. Alabama uses a threshold too: when its business privilege tax works out to $100 or less, there's no tax and no return. In California, the $800 tax is due in your first year as well, by the 15th day of the 4th month after you form.
When are LLC annual reports due?
There's no national deadline. Each state uses one of three patterns, and the state's own rule is the one that counts:
| Pattern | Examples |
|---|---|
| A fixed date or window for every LLC | Florida: between January 1 and May 1; Texas: May 15; Delaware: June 1 |
| Your formation anniversary | New York: your anniversary month, every 2 years; Wyoming: first day of your anniversary month; Colorado: within 2 months before or after your anniversary month |
| Tied to your tax year | California: 15th day of the 4th month of your tax year (April 15 for calendar-year LLCs) |
| Nothing to file | New Mexico, Missouri, Alabama and Arizona |
Many states want the first report in the calendar year after you form: Florida, Maine and Maryland all work this way. California moves faster, with a statement of information due within 90 days of formation, and a new New York LLC must finish its newspaper publication within 120 days.
What happens if you file your annual report late?
The consequences build up. Most states add a late fee first. If the report is still missing, the LLC loses its good standing, and after a set period the state administratively dissolves it, which some states call revocation or forfeiture. Getting it back means filing the missed reports and paying reinstatement fees.
- Florida: a $400 late fee after May 1. An LLC that still hasn't filed by the third Friday in September is dissolved on the fourth Friday.
- Delaware: a $200 penalty plus 1.5% interest a month on the unpaid tax.
- Wyoming: an LLC that hasn't filed within 60 days of the due date is administratively dissolved.
- Kentucky: an LLC that hasn't filed by June 30 is administratively dissolved.
- Minnesota: the renewal is free, but missing December 31 means administrative termination, and reinstating costs $25.
- Texas: even with no tax due, an LLC that doesn't file its Public Information Report faces forfeiture.
How to never miss an annual report
Look up your state's rule
Find the due date and fee on your state guide, including whether the first report is due this year or next.
Put it in a calendar with a buffer
Set a reminder a month before the due date, and another for any separate franchise tax payment.
Keep your details current
Update your addresses and registered agent before filing, so notices reach you.
Check your status after filing
Search the state's business database to confirm the LLC shows as active or in good standing.
Our Starter plan files the annual report for you and tracks every deadline in a compliance calendar with reminders, for $349 a year plus the state fee at cost. See everything else that's due each year in the LLC annual compliance checklist, or compare what states cost over five years in the cheapest state to form an LLC.
Frequently asked questions
Do all states require an LLC annual report?
What is the annual report fee in Wyoming?
Is Delaware's LLC tax the same as an annual report?
When is my first annual report due?
Does a Texas LLC pay franchise tax?
Can I file my LLC's annual report myself?
Sources
- Wyoming Secretary of State, business FAQs (annual report and license tax)
- Delaware Division of Corporations, LLC annual tax instructions
- Florida Statutes ยง 605.0212, annual report
- Florida Statutes ยง 605.0714, administrative dissolution
- Texas Comptroller, PIR and OIR filing requirements
- Texas Comptroller, 2026 franchise tax information
- California Revenue and Taxation Code ยง 17941, LLC annual tax
- Alabama Department of Revenue, 2024 business privilege tax changes
- New York Department of State, biennial statements
- Minnesota Statutes ยง 322C.0208, annual renewal
Facts checked on September 17, 2026 against the sources above. Rules and fees change, so confirm anything important with the official source. Register Quick LLC is not a law firm or CPA firm, and this page is general information, not legal or tax advice.
