Annual reports
Annual reports, deadlines, and what missing one costs
Most states require an annual filing to keep your LLC in good standing. Wyoming's is $60, due on the first day of your anniversary month. Delaware charges a flat $300 whether or not the company traded.
Plus the state's own fee, invoiced at cost · every state we file in
Every year, without you watching the date
- 01Deadline tracked
- 02You are reminded
- 03Report prepared
- 04Filed with the state
- 05Accepted · in good standing
What it is
A yearly filing that keeps your company alive on paper.
Annual reports and franchise taxes are not income taxes. Delaware's $300 is owed by a company that earned nothing all year, and Wyoming's $60 minimum applies regardless of revenue. Founders who form speculatively and then leave a company idle are often surprised by this — the obligation attaches to the entity existing, not to it trading.
Over three years, Wyoming's annual reports total $180 and Delaware's $900. That gap is the single largest recurring difference between the two states, and it is why the annual report cost matters more than the filing fee when you choose where to form.
- RazorFile
- $100 + state fee
- We track the date, prepare and file the report, and pass the state's fee through at cost.
- Wyoming
- $60/yr
- Or $0.0002 per dollar of Wyoming-based assets, whichever is greater. Due the first day of your anniversary month.
- Delaware
- $300/yr
- Flat annual LLC tax, owed regardless of income or activity.
- Florida
- $138.75/yr
- Required annually to stay active.
- Texas
- $0 for most LLCs
- No franchise tax below the revenue threshold, though a report may still be required.
Why it matters
Miss it, and the state starts closing your company.
Founders assume annual reports are due at the same time for everyone, like a tax year. In Wyoming the deadline is the first day of the month you formed in, which means it is different for every company. Miss it and the state moves the company toward administrative dissolution — a process that is recoverable but costs more than the report did, and can surface at exactly the wrong moment.
How it works
From a date on the calendar to a confirmation on file.
Fee schedules change — Wyoming's is stamped with an effective date each July. The figures here were checked on the date shown and should be verified against the state's current schedule before you rely on them for planning.
What the state usually asks for
- Company detailsLegal name, principal address and registered agent — as on file.
- Officers or membersWho manages the company. Most states list managers or members.
- The state's feeFrom $0 to a few hundred dollars, paid with the filing.
01From formation
The deadline is on your calendar from day one
Your state's report date is set the day the LLC is formed. In Wyoming that is the first day of your anniversary month — a different date for every company, which is exactly why it gets missed.
0245 days out
You hear from us before the state does
A reminder lands in your inbox and dashboard well ahead of the date, with what the state will charge and anything we need from you. Usually nothing.
03Before it is due
We prepare the report
Company details, registered agent, and the state's own form — prepared from what is already on file, checked against the state record.
04On time
Filed with the state, fee at cost
We submit the report and pay the state's fee on your behalf. The fee is passed through exactly as the state charges it.
05Same week
Accepted, and next year is already scheduled
The state's confirmation is saved to your dashboard. The next deadline goes straight onto the calendar. Nothing lapses quietly.
Annual Report
$100
$100 + State Fee
For a company you already have, or added to a formation order. Any state or government fee is invoiced at cost, exactly as the state charges it. Full refund before we begin the work.
Add Annual Report FilingWhat’s included
- Tracking your filing deadline and reminding you before it falls due
- Preparing and submitting the report to the state
- Confirmation once the state accepts it
Not included
- The state's own filing fee, which is paid to the state and varies by state
- Federal tax filings such as Form 5472, which are a separate obligation with separate deadlines
- Reinstatement work if the company has already fallen out of good standing
Across the states
Same filing everywhere. Not the same fee.
Our fee covers tracking the date, preparing the state's form from what is on file, submitting it and saving the confirmation. The state's own fee is paid on your behalf and invoiced at exactly what the state charges — $60 in Wyoming, $300 in Delaware, $138.75 in Florida. Nothing is added to it.
- Wyoming
- $60 a year, due the first day of your anniversary month
- Delaware
- $300 flat annual tax, owed whether or not the company traded
- Florida
- $138.75 a year, due by 1 May
- Texas
- $0 for most LLCs, though a report may still be required
Direct answers
Frequently asked questions.
Checked 2026-07-28. If something here is out of date, tell us and we will fix it the same day.
The first day of your anniversary month — the month in which the company was formed. That means the date differs for every company, which is exactly why it gets missed.
Yes. Annual reports and franchise taxes attach to the entity existing, not to it earning. A dormant Delaware LLC still owes $300 a year, and a dormant Wyoming LLC still owes $60.
The state begins moving the company toward administrative dissolution. It is usually recoverable, but reinstatement costs more than the report would have, and in the interim the company may be unable to open accounts or sign contracts cleanly.
Stay current
One filing a year should never be the thing that closes a company.
We track the date, prepare the form, file it and pass the state's fee through at cost. You get the confirmation.
Annual Report — $100 + state fee
Add Annual Report Filing