How to File Tennessee Annual Report
You have two options to file your Tennessee annual report. You can use a professional service that will gather your information and submit on your behalf, or you can file the forms yourself with the Tennessee Secretary of State, Business Services Department.
Filing An Annual Report in Tennessee
Tennessee LLCs file Articles of Organization once to organize and then file annual tax reports starting one year after registering online. A third party can file an Annual Report with authorization.
Importance of Annual Reports
An annual report for a limited liability company (LLC) is required in most states to update contact information, remain compliant with regulations, and ensure limited liability protections. Reports provide state authorities updated company details to calculate taxes owed. Requirements vary but may include names and addresses of members/managers, business address, identification numbers.
- Reports maintain good standing, ensure compliance, provide transparency.
- They include current business address, members’ info, changes since last filing to give state updated details and conditions over past year.
Additional Information:
- Tennessee LLCs file Articles of Organization once and then file annual tax reports starting one year after registering online. Online card payments are preferred when filing reports.
- All entities must file annual reports with the TN Secretary of State, Business Services. Helpful instructions are on their website for filing yourself. Or avoid the hassle and hire someone to file for you.
- To file online, go to the Annual Report website and enter your Secretary of State Control Number. Keep your LLC in good standing by remaining on top of deadlines to prevent fees and penalties.
- The annual report filing fee for an LLC depends on the number of members, ranging from $300 to $3,000. You can file through the Secretary of State website if you have your control number.
Fee Range and Compliance
Fees range from $50-$750 with varying processes. States require filings to make company information public, calculate taxes owed, and get updated details for compliance and protections.