LLC's are required to maintain certain records and file reports with the state. One of the advantages of an LLC is that these requirements are generally simple. IncorporateMyself.net makes complying with these state requirements easy with our Easy Start Check List and Document Library.

Here are some examples:

Corporate Records Requirement:

States generally requires an LLC to maintain certain past and present corporate records at its principal office. Such records may include the current Articles of Organization, Operating Agreement, minutes of Member or Manager meetings, the names and addresses of current shareholders and officers, the most recent annual report and the financial records from the last three years.

Annual Reporting Requirement:

Most states require that LLCs file a statement and pay a moderate fee on an annual or biennial basis. This filing requirement, which is generally referred to as an “Annual Report” or “Franchise Tax,” updates the state government as to the status of the company, and permits the company to continue in existence.