Skip to content
Navigation

TM

702-871-8678

Washington LLC annual report

When you form a new business in Washington, there are specific annual requirements that you must be compliant with. The annual requirements can vary according to the type of business entity. If you register a limited liability company then you will need to file a Washington LLC annual report. This article will provide insight into various aspects of an annual report including the importance of this report, the filing process, the Washington annual report due dates, and fees among others.

Washington LLC Annual Report

An annual report is a key business document that various forms of business entities such as public corporations and LLCs need to provide to the office of the Secretary of State and shareholders annually. The requirement and the contents of an annual report vary depending on the type of entity and the state of formation (jurisdiction). Normally, corporations have to provide information concerning their business operations and existing financial status but this is not required for a Washington LLC annual report.

What is the Washington LLC annual report?

Most types of businesses are required to file a Washington annual report as it contains important business information regarding the entity. If you registered a limited liability company in the state then you will need to file initial reports and annual reports according to Revised Code of Washington, WA Rev Code § 25.15.106 (2020). The Washington LLC annual report filing is necessary for both domestic and foreign LLCs in the state.

An annual report for a limited liability company is not an exhaustive financial statement. You can complete and file a Washington annual report online or submit it by mail. You will be required to provide company information such as:

  • Business name
  • UBI number
  • Principal Office street address
  • Registered agent information
  • Nature of Business
  • Controlling Interests like real property in Washington

When you file a Washington annual report, it is important to ensure that the information provided in the report is current and accurate.

Why is filing Washington LLC annual reports important?

Once you have formed a new business in the state, it is mandatory according to state laws to file Washington LLC annual reports. The annual report is also known as the Annual Statement, Statement of Information, Periodic Report, and Biennial Statement, among others. This report not only helps a company to comply with state regulations but also ensures the said entity can maintain a good standing with the state. When you file a Washington annual report, it provides the state with valuable information, including the names and addresses of members or owners as well as that of their registered agent.

The information in an annual report is shared with other government agencies as well as the public so that the entity can be located and communicated with. It is important to note that an LLC may be subjected to a heavy penalty or late fees for not submitting within the Washington annual report due date. If you need any help regarding a Washington LLC annual report filing then our team of expert professionals can provide you with the necessary guidance.

Filing Washington LLC Annual Report

A Washington LLC annual report is one of the most important business requirements concerning the maintenance of a limited liability company in the state. The annual report is normally filed after you have registered your company with the state. You will be required to file this report as long as your business is active. Once you dissolve your company; it will not be necessary to file this report will not be necessary. There are several points that you need to be mindful of like the Washington LLC annual report fee and the due date as this will help you to file the report on time. Let’s take a detailed look at the several processes involved.

How do I file LLC annual reports in Washington?

If you’ve recently formed a new business in Washington then you are required to be compliant with the annual requirements of the state. According to the 2020 Revised Code of Washington, Title 25 – Partnerships, Chapter 25.15 – Limited Liability Companies; you are required to submit an initial report followed by a Washington LLC annual report.

Only new businesses are required to file the initial report. If your business has already filed the initial report and has been in operation for more than a year then you are required to file the Washington LLC annual report filing. The State of Washington requires you to file an annual report for a limited-liability company with the office of the Secretary of State, Corporation & Charities Division.

We, at IncParadise, can help you file a Washington annual report. We have a team of experienced professionals who can provide guidance regarding the information needed for the annual report so that the report is not rejected by the office of the Secretary of State. Our process is quick, easy, and will help you to save precious time

Do you want to submit a Washington Annual Report?

Washington LLC Annual Report Fees

If you are getting ready to form a new business in Washington then you will need to file an initial report. This Washington LLC annual report filing can be done online or by mail. The fee to file is $10. You can expedite the process by making an additional payment of $50.

If you are planning to file an annual report then the Washington LLC annual report fee is $60. You can expedite the annual report submission process by making an additional payment of $50.You will be able to start filing this report 45 days in advance

It is important to note that the forms used for filing initial reports and annual reports are different.

When is the due date to file your Washington LLC annual report?

If you are filing a Washington LLC annual report for the first time or as a newly formed business then it is important to remember that you have to file an initial report. The initial report is the first annual report that you have to submit to the state. It is due within 120 days from the day of LLC approval.

If you have filed an initial report previously and your company is operational or active then you need to file a Washington annual report. The annual report is due by the end of the LLC registration anniversary month each year.

For Example: If you registered or formed your limited liability company on October 18, 2022, then the Washington annual report due date will be October 18, 2023.

If you hired IncParadise as your Washington Registered Agent then you will benefit from using our entity management software. This software will send email notifications a month before the due date for your Washington LLC annual report filing. Hence, you will have the opportunity to order it in advance and prevent any penalties.

Consequences of Filing the Washington LLC Annual Report Late

The Washington annual report due date as well as the due date for filing an initial report is especially important and should not be overlooked. If you are unable to file the initial report within 120 days then the office of the Secretary of State has been given the power to administratively dissolve your limited-liability company. The state will not send you any reminder notice to file the initial report.

If you miss the due date for the Washington LLC annual report filing then there will be a penalty of $25. Apart from the penalty, your LLC can be administratively dissolved or revoked. Therefore, we recommend that you should always try and meet all filing deadlines. However, if such a situation arises, we will be happy to advise you and help find a solution if possible. It is important to resolve this type of situation as soon as possible to avoid irreversible consequences.

Why is using a Washington Registered Agent Service a Better Option?

If you intend to form a limited liability company in the state of Washington then one of the mandatory requirements is hiring and maintaining a registered agent in the state. This requirement for a registered agent is governed by the 2020 Revised Code of Washington, WA Rev Code § 25.15.021 (2020). A reputable registered agent service like IncParadise can offer you several advantages or benefits in the state including filing your Washington LLC annual reports. Some of the other benefits are:

  • When you hire IncParadise as your Washington registered agent; you will be notified of the Washington annual report due date as well as the annual report fee. This will ensure that you can submit the annual report on time and avoid any penalty or dissolution.
  • We can also assist you in making certain that your business is in compliance with all LLC annual maintenance requirements in Washington.
  • We also offer a variety of business-related services from filing LLC registration documents, (Certificate of Formation) to obtaining an Employee Identification Number (EIN).
  • If by any accident or due to late payment, your LLC gets administratively dissolved by the Secretary of State, then we can assist with the process for LLC reinstatement or renewal.

Need Any Assistance in Filing Your Washington LLC Annual Report?

Annual compliances can vary from one state to another. The annual requirements in Washington might not be similar to requirements in California or Texas. Annual compliances mostly comprise of business taxes and the Washington LLC annual report filing. If you choose us as your registered agent in Washington then we can assist you with any information you may require related to the annual report and also help you file it before the due date.

IncParadise is an expert in LLC formation services and understands that each business has its own set of requirements. We are also well-versed with state laws regarding annual compliances. To guarantee that businesses are able to fulfill Washington state requirements, we offer additional services like DBA filing, and foreign qualification among others.

Need assistance with filing Washington LLC Annual Registration?