Maintaining an LLC

Nearly all states require LLCs to file annual reports or pay franchise taxes to maintain the company's good standing. The Secretary of State may forward a renewal notice directly to your company or to your Registered Agent. Failure to file reports and pay franchise taxes by the state deadline can result in fines, notices, and the inability to conduct business.

State laws do not require LLCs to hold annual meetings or record meeting minutes. However, we recommend that LLCs update their records at least annually to reflect any changes in management or activities.

Almost all state, county, and local governments require LLCs to complete business license, permit, and tax registration applications before beginning to operate. Learn more about how our Business License Compliance Package can help your company.

Form your LLC online in minutes or contact a Business Specialist at 800-818-6082 (toll-free) or 302-636-5440.