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Instructions and help about Annual Report

welcome to the annual report video lesson what is an annual report the annual report is used to keep your business records updated with a division of corporations an annual report must be filed each year for your business to maintain an active status the annual report is required each year what do you need to make changes or not when is the annual report due the report must be filed every year and it is due between January 1st and May first a non-negotiable $400 late fee is imposed if you forget to file your annual report by May 1st if this is your first year filing an annual report annual reports are due between January 1st and May 1st of the calendar year following the year of formation for example if your LLC was formed on April 1st 2010 your first annual report will be due between January 1st and May 1st of 2011 how much does the report cost if your LLC's annual report is filed before May 1st the fee is one hundred and thirty eight dollars and seventy five cents if you file after M


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