A business entity must submit an annual report to the state government detailing its status, operations, and financial performance. Limited Liability Companies (LLCs) and other commercial entities must submit an annual report to the Secretary of State’s office in Connecticut. To avoid fines and keep your company in good standing, the CT annual report for LLC is a key obligation that must be finished and filed on time.
The Connecticut Secretary of State’s office must receive an annual report from every LLC that has been registered there. The report must be submitted before the deadline; otherwise, the LLC will be penalized for not doing so. You still need to submit an annual report even if your LLC didn’t do any business that year.
The website of the Connecticut Secretary of State accepts online submissions of CT annual reports. You must register, submit the details of your LLC, and pay the filing fee. $20 is the filing fee for the LLC’s 2021 CT annual report. Download the form from the Secretary of State’s website, fill it out, and mail it in along with a check or money order for the filing fee if you’d rather file a paper report.
LLCs in Connecticut must renew their registration with the Secretary of State’s office every two years in addition to submitting an annual report. Similar to submitting an annual report, the renewal procedure can also be completed online or by mail. In Connecticut, an LLC renewal costs $80. How do I pay the Connecticut Business Entity Tax?
In Connecticut, LLCs must likewise pay an annual business entity tax. The tax, which varies from $250 to $1,000 depending on the LLC’s yearly gross income, is levied. The Connecticut Department of Revenue Services website accepts online tax payments. You can also pay the tax by mail with a check or money order.
Finally, it should be noted that the CT annual report for LLC is a crucial document that must be submitted annually to keep the LLC in good standing with the state government. The quickest and simplest approach to meet the requirement is to submit the report online. LLCs in Connecticut are also required to submit an annual report, renew their registration every two years, and pay an annual business entity tax. Maintaining compliance with these rules can help you protect your LLC from unnecessary fines and ensure that it is operating legally.