If you plan to incorporate or file an LLC in North Carolina, or already have, there’s a deadline coming up that you need to be aware of.
Your Annual Report is due April 15. This document keeps the Secretary of State for North Carolina up to date on your business contact information and ensures that you stay compliant with your business.
What Goes in Your North Carolina Annual Report?
If you’ve never filled out an Annual Report, it’s not too complicated. You will need to fill out:
- General Information on Your Business, including the name of your business entity, your fiscal year-end — if you run a corporation and the nature of your business.
- Registered Agent Information, in the event that you use a Registered Agent to handle your corporation or LLC paperwork. Provide the name of record and the address for the Registered Agent.
- Principal Office Information, including your business’s physical address, mailing address, and telephone number.
- Officers/Members/Managers Information, including a listing of all the officers, members, and/or managers of your business, as well as their titles and their business address.
It’s important that you update this information annually, especially if any of this data has changed in the past 12 months.
Who Needs to File an Annual Report?
Whether you have incorporated in North Carolina or filed an LLC in the state (whether it’s foreign or domestic), you need to adhere to this April 15 deadline and submit your Annual Report. If you are operating as a sole proprietor in North Carolina, you do not need to file your Annual Report.
Is There a Penalty for Filing Late?
Fortunately, the state of North Carolina will not charge you a late fee if you miss this deadline, however, the Secretary of State will send you a ‘Notice of Grounds for Administrative Dissolution,’ or Revocation for foreign businesses, so it’s important that you do file it on time. You then have 60 days to complete the annual report.
How to File Your Annual Report in North Carolina
You can file your Annual Report online with the Secretary of the State office, or you can let CorpNet do the work for you. Put your North Carolina Annual Report in our care, and we’ll make sure you stay compliant with your corporation or LLC!