You might be wondering if you have to file an annual report if you operate a business in North Carolina. Yes, it is the answer. All corporations, limited liability companies, and limited partnerships are required by North Carolina law to submit an annual report to the Secretary of State’s office. Who Must Submit an NC Annual Report?
All North Carolina-registered corporations, limited liability companies (LLCs), and limited partnerships (LPs) are required to submit an annual report to the Secretary of State’s office. Both domestic and international entities fall under this. In North Carolina, nonprofit corporations are exempt from filing annual reports.
Through the website of the Secretary of State, the annual report may be submitted online. Information like your entity name, entity ID number, and registered agent details are required. The annual report filing fee is $200 for corporations and LLCs and $202.50 for limited partnerships. The annual report is due on the fifteenth day of the fourth month after the end of your fiscal year.
Corporations, LLCs, and LPs must file annual reports with the Secretary of State’s office in North Carolina. The report offers up-to-date details on the company, including its name, location, and registered agent. Additionally, it attests to the company’s continued operation and legal standing with the state.
In conclusion, you must submit an annual report to the Secretary of State’s office if you operate a corporation, LLC, or limited partnership in North Carolina. The report can be submitted online and costs $200 for corporations and LLCs and $202.50 for limited partnerships. The report is due on the fifteenth day of the fourth month after your fiscal year’s end. Failure to submit the report could result in fines and perhaps the closure of your company.