Connecticut LLC and INC Annual Filing Requirements

Connecticut LLC Annual Filing Requirements

Connecticut LLC annual requirements are governed by the state’s business laws. The primary requirements are mentioned in the 2024 Connecticut General Statutes, Title 34 – Limited Partnerships, Partnerships, Professional Associations, Limited Liability Companies and Statutory Trusts, Chapter 613a – Uniform Limited Liability Company Act. The requirements for LLC annual filing in Connecticut may differ from those for other entities, such as partnerships, sole proprietorships, and Corporations. If you start a limited liability company in this state, then the important annual requirements are categorized as follows.

Connecticut LLC Annual Report

The annual report is an important document that is mandatory in most states in the USA. This report should not be mistaken for the financial statement that is released by small businesses or large enterprises at the end of a financial year. The Connecticut annual report refers to a type of document that contains basic information related to your company, like the names and addresses of your registered agent, as well as members or managers.

What does it include, and how to file it?

A domestic as well as a foreign limited liability company is required to file a Connecticut LLC annual report pursuant to CT Gen Stat § 34-247k. (2024). It will contain specific business information like the name of your company, mailing address, street address, name and address of the registered agent, and a valid electronic mail address for communication with the Secretary of the State. The information contained may vary from one state to another. A Connecticut annual report also requires you to provide the North American Industry Classification System Code (NAICS). This is a standard that is used by Federal statistical agencies for classifying all forms of business establishments. The annual report has to be filed online with the Secretary of State – Business Services Division, along with a filing fee of $80. Hence, you will need to first create an account with Business CT GOV.

What is the due date for filing?

If you have formed a limited liability company, then the first Connecticut annual report has to be filed with the Secretary of the State after January 01st and before April 01st of the year that follows the calendar year in which your LLC was registered. Subsequent annual reports have to be filed during the same time each calendar year. Let’s look at an example to understand this.

Example: If you have registered your LLC on July 18, 2025, then your annual report will be due after January 01, 2026. You will need to file a Connecticut LLC annual report prior to April 01, 2026, to avoid any penalties.

Penalties if you fail to file

It is always recommended to be compliant with the dates of LLC annual filing in Connecticut, but there are times when you may miss the due date. If your annual report is overdue or you are unable to file your annual report, then the office of the Secretary of the State may dissolve your company pursuant to CT General Statute sections 33-890 and 34-267g.

Connecticut LLC Taxes

Business taxes in Connecticut are an important annual requirement for all forms of businesses, both domestic and foreign. There are different types of taxes that a limited liability company may be required to file as part of Connecticut LLC annual requirements. Generally speaking, a limited liability company is considered a pass-through tax entity. Hence, the company’s income tax liability passes through to the individual members. As a result, the members must file taxes on their income through their individual tax returns. Apart from this, LLC annual filing in Connecticut may include the following taxes:

• Pass-through entity (PE) tax – If a limited liability company (LLC) opts to be treated as a partnership for tax purposes, then the PE tax will be applicable. According to Connecticut legislation, the pass-through entity tax is optional. If your company elects for PE tax, then you will be required to file the form CT‑1065/CT‑1120SI – Connecticut Composite Income Tax Return. You can check the estimated tax rates and due dates here
• Connecticut Employer Taxes – The Connecticut LLC annual requirements may include employer taxes. This type of tax is also known as payroll taxes. This tax has two components: withholding of employee wages and unemployment insurance (UI) tax. Your LLC will be required to file withholding taxes periodically. LLC annual filing in Connecticut can take place weekly, monthly, or on a quarterly basis. You will also be required to file reconciliation forms either quarterly or annually. In addition to withholding taxes, your LLC may need to register to file state unemployment insurance (UI) taxes with the Connecticut Department of Labor (DOL).
• Sales and Use Tax – The third important tax as a part of Connecticut LLC annual requirements is the sales and use tax. You will need to first obtain a Sales and Use Tax Permit from the Department of Revenue Services (DRS) if your company qualifies for filing this tax. There will be a registration fee of $100 for the same. The statewide sales tax base rate is 6.35 percent. It is important to note that there are some special sales tax rates that apply to certain sales. If you are selling computer and data processing services, you will also have to pay an additional 1 percent tax.

Connecticut Corporation Annual Filing Requirements

Once you incorporate in Connecticut, you will be required to adhere to all Connecticut Corporation annual requirements. It is necessary to fulfill these requirements as this will help you to maintain a good standing in the state. These requirements can vary depending on whether you are forming a domestic or a foreign corporation. A Connecticut corporation’s annual report and other requirements are governed by the 2024 Connecticut General Statutes Title 33 – Corporations, Chapter 601 – Business Corporations. If you start a business corporation in this state, then the important annual requirements are categorized as follows.

Connecticut Corporation Annual Report

The Connecticut corporation’s annual report is one of the most important documents that all domestic and foreign corporations are required to file in this state. In most US states, business entities, including corporations, have to file this report. This is also known as a statement of information. Depending on the time period of its filing, it is also known as a biennial report or periodic report.

What does it include, and how to file it?

The Connecticut annual report for corporations is governed by the 2024 Connecticut General Statutes, Title 33 – Corporations, Chapter 601 – Business Corporations, Section 33-953 – Reports. It is mandatory for domestic and foreign corporations, except for banks and trust companies, to file this report. When you file a Connecticut corporation’s annual report, it will contain a variety of information pursuant to CT Gen Stat § 33-953. (2024). They are:

• The name of your corporation
• The principal office address of your company
• Address of the executive offices of the domestic or foreign corporation
• A valid electronic mail address of the corporation
• The name and address of your registered agent
• The names and business or residence addresses of the directors and officers
• The North American Industry Classification System Code (NAICS) of your company

Once you have prepared the Connecticut annual report, it has to be filed online with the Connecticut Secretary of State – Business Services Division. There is a filing fee of $150.

What is the due date for filing?

The first Connecticut corporation annual report of a company that has been formed after January 1, 2020, will have to be filed within ninety (90) days from the date on which such a company filed its certificate of incorporation. Thereafter, this report has to be filed between January 1 and March 31 each year.

Penalties if you fail to file

One of the most important Connecticut Corporation annual requirements is that of the annual report. If you fail to file your report on time or don’t file it at all, you will not have a good standing in the state. Although there is no late fee or fines, the office of the Secretary of State has the power to dissolve such a company.

Connecticut Corporation Taxes

There are primarily two types of annual requirements that are important for every corporation. They are filing a Connecticut corporation annual report and ensuring all taxes have been paid. Fulfilling these two requirements can help your company maintain a good standing in the state. Your company may be subject to different types of taxes depending on the business activity as well. Let’s take a look at some of the applicable taxes in the state for business corporations.

• Corporate Income Tax – Filing the corporate income tax is one of the most important Connecticut Corporation annual requirements. This is also known as the corporate business tax. This tax is levied for doing business as a corporation, as it is considered a privilege for many reasons. It imposes a 7.5 percent tax on the net Connecticut income of any corporation subject to this tax. If the total tax amount is less than $250, then such a corporation will be required to pay the Alternative Minimum Tax (AMT) amounting to $250.
• Sales and Use Tax – Most states in the USA have some form of sales tax and use tax. Unlike a Connecticut corporation’s annual report, which has to be filed by all businesses, the sales tax is applicable based on the business activity. If your company sells taxable services or rents or leases goods in this state, you must first apply for a sales tax permit. The sales and use tax is collected by the Department of Revenue Services (DRS). The Connecticut base sales tax rate is currently 6.35 percent. The use tax rates will vary according to the purchase of specific goods or services.
• Connecticut Employer Tax – This tax is an important part of the Connecticut Corporation’s annual requirements. This includes the Withholding Tax and the Unemployment Insurance Tax. This tax is applicable only to those businesses that have employees. Withholding taxes can be filed weekly, monthly, or quarterly. The Unemployment Insurance Tax rate will vary from 1.1 to 7.8 percent depending on each business’s experience rating.

Need any Assistance in Filing Connecticut LLC or INC Annual Reports?

Each and every business, new or existing, domestic or foreign, will be required to meet all annual requirements of the state. If you fail to meet these requirements, then non-compliance issues will arise, and your LLC or corporation may be penalized and even dissolved. The timely filing of the Connecticut annual report and taxes is important for maintaining a good standing in this state. If you need detailed information on taxes or annual reports in Connecticut, IncParadise can assist you.

IncParadise, as your registered agent in Connecticut, is an expert in new business formation services and can help you with CT LLC formation or incorporation. We also offer many additional services like EIN and foreign qualification, among others.