Glossary
Annual report
A recurring filing that keeps a business’s public details current and its registration active.
Also called: Biennial report, Statement of information, Annual registration, Periodic report.
Most states require registered businesses to confirm their details on a schedule: addresses, registered agent and the people in charge. Many charge a fee, and some tie a franchise or license tax to it.
The schedule depends on the state. It may be due every year or every two years, on a fixed date or in the month the business was formed. A few states require no report for some entity types.
Missing it is the most common reason a company loses good standing and is eventually dissolved by the state.
Where you'll see it in a business search
In a record’s filing history, often with a "report due" date or a last-filed year.