Annual reports keep your company active and compliant. Miss the deadline and you could face late fees, or even lose your company. Brio files everything on time, so you don't have to worry.
Flat service fee. No hidden charges. Free yearly reminders so the date never sneaks up on you.
Not a financial statement. Not an income tax return. Just proof your company is still here.
An annual report is a short filing that tells your state your company is still active and its details are up to date. Report fees are usually modest, from about $10 to a few hundred dollars.
Some states pair it with, or replace it by, a franchise tax: a separate charge for the privilege of existing there, sometimes filed with a different office and sometimes asking for figures like your share count or assets. That is where the cost varies most, so we always confirm your exact amount before anything is filed.
The rules differ sharply by state. Wyoming charges an annual report fee starting around $60 in your anniversary month. Delaware LLCs file no annual report at all but owe a flat $400 annual tax by June 1, while Delaware corporations file a report and pay franchise tax by March 1. Texas LLCs report to the Comptroller rather than the Secretary of State, and California adds an $800 minimum annual franchise tax on top of its small Statement of Information fee. Your state guide lists the exact rule where you formed.
None of this arrives as a friendly reminder. It arrives as a bill, or as a surprise when you need your company to work.
The fee does not disappear because the date did. It comes back with a penalty attached, and it keeps growing while the filing stays open.
Your company stops being in good standing with the state, which is the status every bank, lender and marketplace checks before they approve anything.
A company that is not in good standing can hold up account applications, financing, and the certificates buyers ask for. See how bank approvals work.
Left long enough, the state administratively dissolves it. Reinstatement is usually possible, and it always costs more than filing on time would have.
States mail their warnings to the address on record, which is your registered agent, not you. If nobody is watching that mailbox, the first you hear about a missed report may be when a bank declines your application. That is why Brio tracks your dates and files ahead of them, rather than waiting for a notice to arrive.
Already missed your deadline? Don't panic. In many cases we can clear the backlog and restore your company to good standing. Tell us the company name and state, and we'll check where it stands.
It only takes a few minutes: where you're registered, your company name, and who to confirm with.
Accurately and before the deadline, whether your state wants a yearly report, a biennial one, or a franchise tax filing with a separate tax office.
You'll receive confirmation, and we'll remind you before next year's filing. See everything else on your yearly plate in our LLC compliance checklist.
A flat service fee on top of what your state charges. Where your state bills a franchise tax rather than a simple report fee, we show you that number before you pay anything.
State filing fee + Brio service fee
We file your annual report every year and remind you before every deadline.
No. An annual report is a status filing that keeps your company active with the state; it isn't an income tax return. Taxes are separate, and they run on two tracks: federal returns go to the IRS, and many states charge their own taxes too, including the franchise taxes described above. Most businesses have obligations on both tracks. For the tax side, see our US tax filing service.
Yes. The requirement applies whether your business earned money or not. The report confirms your company exists and its details are current, not how much it made.
Absolutely. We can file annual reports for any US company, wherever it was formed and whoever formed it. If your details have changed since formation, we can also handle the amendment at the same time.
Then we'll tell you, and you won't pay us to file something that doesn't exist. A few states have no annual report, and some replace it with a tax instead. Delaware LLCs are the classic example: no report, but a flat $400 due every June 1.
We'll keep track of your filing, submit it on time, and remind you every year, so you can focus on growing your business.