Are you familiar with the annual report filing requirements for your entity? You might be surprised to learn that several states recently changed their statutes.
Connecticut altered the annual report filing deadline for domestic and foreign LLCs. Previously, the report was due on the last day of the LLC’s registration month. Now the annual report must be filed between January 1 and March 31. In addition, Indiana added a biennial filing requirement for domestic and foreign LPs and LLPs. Previously, no reports were required.
Finally, Maryland has streamlined its annual report filing process. Previously, all entities in the state were required to file both an annual report and a personal property tax return. However, beginning in 2018, only certain entities are required to include a personal property tax return with their annual report filing. The tax return must be included if (1) the entity owns, leases, or uses personal property located in Maryland; or (2) the entity maintains a trader’s license with a local unit of government in Maryland.
Are you tired of keeping track of ever-changing annual report filing requirements? Sign up for our Annual Report Management Service (ARMS), and let us manage your filings! ARMS is an auxiliary service offered to companies which name us as registered agent. We can help take the pain out of annual report compliance.