Business Annual Report (Part 1 of 2)
Once your business is up and running, there are a number of tasks you must regularly complete in order to remain in good standing with the state in which you are registered. One of those tasks is filing an annual report with the state agency that regulates businesses, usually the Secretary of State, this includes a record of your past year's
State Requirements for Annual Reports
Keep in mind not every state requires businesses to file annual reports, so always check with your Secretary of State's office and don’t forget to report any changes such as name, address or registered agent.
State Annual Report Information
In general, an annual report may contain the information below but may vary depending on the type of business entity the company operates as:
Business name and address
Business identification number
Names and addresses of the officers and directors
Names and addresses of the members or managers
Name and address of the registered agent
Number of shares of stock issued
Type of business entity
Filling out an annual report may have so challenges, but if you're not comfortable doing so on your own always consult with an attorney or hire a service provider to help you out.
Stay tuned for part 2 of the business annual report 2020.
La Shawn C.
1-Collab Event Group