As the CEO and Managing Partner of Apple Payne Law in Kernersville, North Carolina, I am here to remind you that the due date for filing your LLC annual reports—April 15—is fast approaching.
Failure to submit your report on time may lead to penalties and other legal consequences. This blog post will guide you on how to file your LLC annual report, the fees involved, and the business law services we offer at Apple Payne Law.
Filing your LLC annual report is quite simple. All you need to do is go to the NC Secretary of State website, and you will find a big yellow button on the homepage that says “Submit Annual Report.” Click on the button, navigate to your specific business, and submit your report. It’s that easy.
However, if you are not sure how to file your report correctly, you can contact us at Apple Payne Law for a half-hour or one-hour business consultation. We offer services to small business owners here in the Piedmont Triad.
The North Carolina Secretary of State charges approximately $225 for filing your annual report. However, if you are an LLC, the fee is only $100. But please note that LLCs tend to be more common, and the state of North Carolina charges more for them because they can.
There may be other expenses involved in running a corporation that may dwarf this fee, but it is essential to file your report on time to avoid any legal consequences.
As part of our business representation packages, we offer an annual report filing service. If you ask us to serve as your registered agent, we will ensure that your LLC report is submitted on time. We charge a fee for this service, but we believe it’s worth it to ensure that your business stays compliant with state regulations.
Our Kernersville business lawyers can also help you go over your LLC annual report or your corporation status to make sure that those things are taken care of.
When are LLC annual reports due in North Carolina?
LLC annual reports are due by April 15 each year in North Carolina. However, the Secretary of State’s office provides a 30-day grace period. So, if you are unable to file by April 15, you have until May 15 to file your annual report.
What happens if I don’t file my LLC annual report in North Carolina?
If you don’t file your LLC annual report by the due date, your business may fall out of good standing with the state. This means that you will be unable to do business in the state until you file your annual report and pay any associated fees. Additionally, the Secretary of State’s office may assess penalties and interest for late filings.
Do I need a business lawyer or business law attorney to file my LLC annual report?
No, you do not need a business lawyer or business law attorney to file your LLC annual report. However, it is always a good idea to consult with a lawyer or attorney if you have any questions about the process or if you want to make sure that everything is done correctly. At Apple Payne Law, we offer business consulting services to help small business owners stay compliant with state regulations.
What is a registered agent, and do I need one to file my LLC annual report?
A registered agent is a person or company that is authorized to receive legal documents on behalf of your business. In North Carolina, every business is required to have a registered agent. At Apple Payne Law, we offer registered agent services as part of our business representation packages. If you ask us to serve as your registered agent, we will ensure that your LLC annual report is submitted on time, and we will receive any legal documents on behalf of your business.
Filing your LLC annual report is crucial for the success of your business. It helps you stay compliant with state regulations and avoid any legal consequences. At Apple Payne Law, we offer services to help you file your report on time and ensure your business stays compliant. We hope that this blog post has been helpful to you. If you have any questions, please don’t hesitate to contact us. Don’t forget to turn in those reports on time!
Call us today to schedule your free consultation.
Ronald D. Payne II is the CEO and Managing Attorney of Apple Payne Law, a North Carolina law firm he founded in 2018. With more than 11 years of experience practicing law, he is dedicated to representing clients in a wide range of legal matters, including business law, estate planning, family law, probate, and traffic law.
Ronald received his Juris Doctor from the Wake Forest University School of Law and is a member of the North Carolina Bar Association. He has received numerous accolades for his work, including being awarded the 2020 Client’s Choice Award by Avvo and multiple Rising Star awards from Super Lawyers.
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