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Annual Report Filings


Annual Report Filings


LEGAL SERVICES

Assistance with reporting

Annual report filings are mandatory to keep your LLC or corporation in good standing. Failure to file within the deadline will result in a penalty that carries interest.
Ensure accuracy

Assistance from experienced attorneys
Stay in good standing

Avg price range

Costs largely depend on the complexity of the project, location, and other details. Speak with our experienced project managers to get an exact price based on your unique project requirements. 
 
*Estimates shown
  • Annual report filings

$150 - $450 avg.

LawTrades
Traditional Large Firm

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Why get assistance with reporting

Just about every state requires you to file an annual report in order for them to keep track of the different business entities operating within state lines. Annual report filings represent costs that limited liability companies (LLCs), C Corporations (C corps), S Corporations (S Corps), limited liability partnerships (LLPs) and nonprofit corporations have to pay each year as long as the business is active.

While many of these state forms call for basic information, it is often time-consuming and hard to read, especially if you do business across multiple states. LawTrades annual report services help you file these annual reports on your behalf to help you avoid harsh financial penalties associated with inaccurate information and missed deadlines. Also, the formalities necessary to maintain an LLC are infrequent compared to corporations. An LLC isn’t ideal for every business though. If you plan on bringing on outside investors then an LLC is not preferred. Generally, owners of LLCs are unable to issue stock options to their employees with the same tax advantages as a corporation. It’s also impossible to “go public” as an LLC. As such, many institutional investors, like venture capitalists, have frameworks that don’t even allow them to invest in LLCs. Finally, it can be difficult and expensive to convert your business structure down the road so it’s important to make the right decision in the beginning.

The benefits

Ensure info is accurate

Our annual report services ensure that all your information is accurate and calculate what franchise tax is owed, which varies by state.

Attorneys handle your annual report filing

We provide the best financial reporting services that file the required documents on your behalf with the respective states using a team of data-driven attorneys and legal professionals. 

Stay in good standing

Our annual report services make sure your business entity is in good standing by providing you with confirmation of annual report filing and give you a peace of mind. 

Why get assistance with reporting

Just about every state requires you to file an annual report in order for them to keep track of the different business entities operating within state lines. Annual report filings represent costs that limited liability companies (LLCs), C Corporations (C corps), S Corporations (S Corps), limited liability partnerships (LLPs) and nonprofit corporations have to pay each year as long as the business is active.

While many of these state forms call for basic information, it is often time-consuming and hard to read, especially if you do business across multiple states. LawTrades annual report services help you file these annual reports on your behalf to help you avoid harsh financial penalties associated with inaccurate information and missed deadlines. Also, the formalities necessary to maintain an LLC are infrequent compared to corporations. An LLC isn’t ideal for every business though. If you plan on bringing on outside investors then an LLC is not preferred. Generally, owners of LLCs are unable to issue stock options to their employees with the same tax advantages as a corporation. It’s also impossible to “go public” as an LLC. As such, many institutional investors, like venture capitalists, have frameworks that don’t even allow them to invest in LLCs. Finally, it can be difficult and expensive to convert your business structure down the road so it’s important to make the right decision in the beginning.

The benefits

Ensure info is accurate

Our annual report services ensure that all your information is accurate and calculate what franchise tax is owed, which varies by state.

Attorneys handle your annual report filing

We provide the best financial reporting services that file the required documents on your behalf with the respective states using a team of data-driven attorneys and legal professionals. 

Stay in good standing

Our annual report services make sure your business entity is in good standing by providing you with confirmation of annual report filing and give you a peace of mind. 

Sign-Up


By clicking continue, you are agreeing
to our
Privacy & Terms.

How it works

Evaluate.

Our legal team evaluates your business needs and designs a custom solution for your legal strategy.

Deploy.

We deploy the right legal talent to the right projects– both aligned with your company's culture and priorities.

Integrate.

We onboard your lawyers and they start contributing, supported by our senior legal staff.

Iterate.

Expand and contract work based on the fluctuating needs of your business.

How it works

Evaluate.

Our legal team evaluates your business needs and designs a custom solution for your legal strategy.

Deploy.

We deploy the right legal talent to the right projects– both aligned with your company's culture and priorities.

Integrate.

We onboard your lawyers and they start contributing, supported by our senior legal staff.

Iterate.

Expand and contract work based on the fluctuating needs of your business.

Reviews

Daniel, H.

⭐⭐⭐⭐⭐
Simple and trustworthy system. The project manager through text message is a good idea and helps a lot with the process, especially their timely response.

Rafael, R.

⭐⭐⭐⭐⭐
I was very comfortable with the environment it was my first meeting and I knew it was on the right track I did understand my lawyer I was listening I did absorb the information given to me. COMUNICATION ON POINT.

Cameron, L.

⭐⭐⭐⭐⭐
Quick. Convenient. Efficient. Best rate as well.

Karen, K.

⭐⭐⭐⭐⭐
My attorney, Roy Gross is highly responsive and very thorough.

Heinrich, T.

⭐⭐⭐⭐⭐
Exceptionally good service.

Bruce C.

⭐⭐⭐⭐⭐
Fast, seamless, elegant platform; a world-class attorney handled our case quickly, perfectly and affordably. Thanks Lawtrades!

Yucel, T.

⭐⭐⭐⭐⭐
I got my questions answered. And I even learned two vey useful things which I wasnt aware of.

Andre, C.

⭐⭐⭐⭐⭐
The process was easy and the responses and communication was thorough and prompt.

What people
are saying

(100+ Positive Reviews)

⭐⭐⭐⭐⭐

Reviews

Daniel, H.

⭐⭐⭐⭐⭐
Simple and trustworthy system. The project manager through text message is a good idea and helps a lot with the process, especially their timely response.

Rafael, R.

⭐⭐⭐⭐⭐
I was very comfortable with the environment it was my first meeting and I knew it was on the right track I did understand my lawyer I was listening I did absorb the information given to me. COMUNICATION ON POINT.

Cameron, L.

⭐⭐⭐⭐⭐
Quick. Convenient. Efficient. Best rate as well.

Legal Advice Anytime, Anywhere

With LawTrades, you can send your dedicated legal team a message whenever you’re near a laptop, tablet, or smartphone.

Frequently asked
questions

When are they due?
The due dates for annual report filings vary from state to state. Many state go by your company’s anniversary date, whereas other states like Delaware make annual report and franchise taxes for corporations due March 1st and LLCs on June 1st.
What happens if I don’t file a report?
If you file late or do not file at all, you will incur fines and penalties. Your business may no longer be in good standing with that state and you be revoked the authority to do business in that state. That may make you personally liable for all business debts.
What is the purpose of annual report filings?
Annual reports are used to provide updated information on the business to the state. Your business may have moved locations or changed management or dissolved itself. These reports provide the state with a means for keeping updated on your business information.
What is a used to calculate franchise tax?
The way franchise tax is calculated various by state. Common methods include business income, assets, number of outstanding shares and their par value, and more. Speaking with a legal professional on LawTrades will help you figure it out since it will be different for each business.
Arman Habib Account Executive at LawTrades

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Access 1,000+ select lawyers & boutique firms to tackle important initiatives that require specialized expertise.
Jerry Thomas Customer Success at LawTrades

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Save 50-75% compared to law firms, and avoid the overhead costs of full-time hires.

Ashish Walia COO & Co-Founder at LawTrades

Data driven

Data from 3,000+ projects powers the way we match lawyers and manage engagements.