Once the filling for a Limited Liability Company (LLC) operation has been approved, the members should be aware of the legal duties when running the business. Filling the annual report is one compulsory requirement for LLCs in every state. Just like the Initial Report, a LLC Annual Report includes essential information about the business operation.Under the state laws, it should be filed yearly on or before the set deadline. The filing should be made on or before the first day of the company’s fourth month after its fiscal year closing. The filing of this report can be done by the LLC’s approved member or representative. There are two options when filling anannual report for an LLC. It may either be through mail or online. There is an available form which is to be filled with current and correct information. The first options which is to file online requires the payment of fees with the use of a credit card. The charge of $8.25 will also have to be paid along with the annual fees. The second option is to manually file the report in printed form by mailing it to the office of the Secretary of the State together with the check payment for the annual fees. The annual fee for every member of LLC is $50. However, it can reach up to $300 to $3,000 depending on the number of members.If there are any changes with regards to the name or address of the Registered Agent, it should be included in the report as well. Changes in the information about the Registered Agent require additional $20. After the filing is done, the state will send notices to the business address. The notice will include information that the filling has been received. It will also contain a control number that needs to be entered online. For those who want guidance in filling a LLC Annual Report, there are specialists who can offer assistance. Their services include assessment of the business, creation of documents, and filling. Utilizing their services is also beneficial to ensure smooth filling process. Yearly filling for a business report is mandatory. It is the business owners’ responsibility to ensure that filling for legal documents is done. This is to ensure that the business will operate smoothly. In the event that a business fails to submit a LLC Annual Report, a delinquency note will be sent to the business address. This informs the business members to submit the report and pay the fees within sixty days. If the report and feesare still left unsettled, the business could be administratively revoked or suspended. If you are looking for information on Tennessee LLC annual report, click on the link. Or you can visit http://www.ezonlinefiling.com/.
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