Every U.S. company must meet annual compliance requirements to maintain good standing with the state of incorporation. Failing to comply can lead to penalties, business suspension, or even dissolution. Here are the key obligations that U.S. companies must fulfil each year

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1. Filing Annual Reports & Paying Franchise Taxes

Most states require LLCs and corporations to file an Annual Report and/or pay a Franchise Tax. These filings ensure that the state has up-to-date company information, such as ownership details, business activities, and registered addresses. The due dates and fees vary by state, with some states charging a flat annual fee and others basing it on business revenue or capitalization.

Failure to file these reports or pay franchise taxes on time can lead to late fees, penalties, or even administrative dissolution of the company.

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2. Renewing Your Registered Agent Service

Every U.S. company must maintain a registered agent in the state of incorporation. The registered agent receives legal documents, state notifications, and compliance reminders on behalf of the business.

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3. Renewing Business Addresses

Businesses that use a virtual office, mailing address, or principal office address must ensure that these services are renewed yearly. Keeping an active business address is critical for:

• Receiving official state correspondence, tax notices, and legal documents.

• Avoiding compliance issues due to outdated or invalid address records.

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4. Staying in Good Standing

Failure to file annual reports, pay franchise taxes, or maintain an active registered agent and business address can result in:

• Late fees and penalties.

• Business suspension or administrative dissolution.

• Difficulty in opening or maintaining a U.S. business bank account.

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Our services help ensure that your annual reports, franchise tax filings, registered agent renewals, and business address registrations are all handled on time, keeping your company in good standing year after year.