Washington LLC Annual Report – File an LLC Annual Report in Washington


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The objective of the annual report is three-fold. The annual report keeps the Government informed about all the updates, communicates about all the modifications or changes, & keeps the LLC members informed about the necessary taxes and costs. This article has all the information about Washington LLC annual report filing in Washington.

An annual report can be called an address book, as it features all the relevant addresses of the company & the members. This yearly report is a record of all the company’s activities in an entire year. It is also referred to as the Annual Franchise Tax Report because it helps in filing the franchise tax.

Contents of the Annual Report

Typically the annual report filed by a Washington State LLC (or any other business entity for that matter) will include all the information related to its business & members. The standard contents of the annual report or the annual franchise tax report are

  • Office Address of the LLC
  • Names & Addresses of the Members & managers.
  • Identification Documents
  • Social Security numbers of the key members of LLC
  • The objective of the business of LLC
  • List of all the signatories of the LLC
  • Information of the registered agent, if any

Washington LLC Annual Report

An Annual report is essential for all business types. It authenticates that the information provided to the Secretary Of the State is accurate & updated. The information provided in the annual report helps the State officials to ensure that all the companies pay taxes. The Washington Annual Report is filed with the Washington Secretary of State.

Does the State of Washington Require an Annual Report Filing?

Every Business Entity in Washington must file an Annual Certificate or Annual Report. This includes all the legal entities such as C Corporations, Limited Partnerships, Limited Liability Companies, bound to file the Annual Report.

Annual Report Deadline

As mentioned above, filing the Annual report is a mandatory requirement even for an LLC. An LLC operating in Washington has to file the Annual report every year with the Washington Secretary of State by the end of the Business’s Anniversary month.

Penalties for Non-filing or late filing

An Annual Report is one of the important documents filed by an LLC. Any Annual Report filed after the deadline will lead to a $25 late fee & the LLC losing its good standing status. Further failure to file the annual report will cause the dissolution of the LLC.

Why Do LLCs Have to File the Annual Report?

Some of the states are not required to file this yearly report, commonly known as the Annual Report. However, there are some reasons why states should file an LLC Annual Report. Here are some reasons,

To Maintain the Accuracy of the Information

An annual report filed by the LLC has all the updated information about its official addresses & the names or addresses of all its officials. This updated information allows the State authorities to track down any LLC when communicating.

To Provide the Correct Correspondence

Many times, any creditor or other entity willing to transact with the LLC requires the correct correspondence address. If this information (which can only be modified with the help of an annual report) is not updated every year, such entities will not be able to communicate with them.

To Notify the Government About All the Significant Changes

If you have changed your main business address or had new business appointments of managers or members, the annual public information report notifies the State Government Entities about it. So, the next time someone questions a newer reform that you have introduced in your LLC, you will be saved because you had submitted the information with the Government.

To Provide an Activity Log of an LLC

The Annual Report is like an activity log of the LLC. It brings on record; all the transactions, new associations, appointments, etc. & keeps those records intact for all future references.

To Help You With the One-time Filing of Taxes

The annual report is an excellent means to keep you on your toes in case of your dues payment. Every LLC must pay the taxes through the annual report filing. By filing the report on time, the LLC can manage the exemptions & can avoid penalties imposed by the Government.

To Enable the State to Track the Payments

The government authorities use all the information filed through the annual report, for tracking the payment of State Taxes.

How to File a Washington LLC Annual Report

You can file the Washington LLC Annual Report online or file it by mail. An LLC operating in Washington has to file the Annual report every year with the Washington Secretary of State by the end of the Business’s Anniversary month.

Steps to File Washington LLC Annual Report Online

Time needed: 5 minutes

Below is the procedure to file the Washington LLC Annual Report online.

  1. Visit Washington Secretary of State Website’s Annual Reports Page.

    Your first step in filing the Washington Annual Report is to visit the Washington Secretary of State website’s Annual Reports Page.washington-llc-annual-report

  2. Select the File online link.

    Select the FIle Online link under the Profit Corporations, LLCs, Limited Partnerships Annual Report option.

  3. Log in or create an account.

    On the next page, log in or create an account. Start filing the report online.washington-llc-annual-report

  4. File Express Annual Report.

    You can file an Express Annual report (with or without changes) without the login. Just scroll down & choose either of the options.washington-llc-annual-report

Filing Washington LLC Annual Report By Mail

To file the Annual Report in Washington by mail, follow the below steps

  • Visit the Washington Secretary of State website’s Annual Reports Page
  • Select the “Paper Annual Report” option
  • A form will open on the next tab
  • Download the Form
  • Fill the form with correct information
  • Send the printed copies of the forms and relevant documents to the address: Secretary of State, P.O. Box 40234, Olympia, WA 98504-0234

Washington LLC Annual Report (Domestic & Foreign)

State Office:Secretary of State, P.O. Box 40234, Olympia, WA 98504-0234
Links to Website, Form
Due Date:An LLC operating in Washington has to file the Annual report every year with the Washington Secretary of State by the end of the Business’s Anniversary month.
Filing Fee:The Annual Report filing fee is $60.
Penalty:Any Annual Report filed after the deadline will lead to a $25 late fee & the LLC losing its good standing status. Further failure to file the annual report will cause the dissolution of the LLC.
Filing Method:An LLC can file the Annual Report Online or by mail.
Forms:Form
Important Information:Once a Domestic or Foreign Washington Limited Liability Company submits the Annual Report along with the prescribed fees to the Washington Secretary of State, the filing is said to be complete.

Seek the Help of a Registered Agent

Every State will have a different rule for filing the Annual Report. Usually, it is submitted every year, but it is submitted once in two years in some states. Some states require the filing of the report only once in ten years.

Not only the timing, the mode of filing, the proper addresses, exemptions, legality, annual report compliance, etc., have to be taken care of while paying the taxes or filing any reports with the State authorities. In many such scenarios, it is advised that an LLC appoints a Registered Agent to manage all this. Check out the best LLC service that offers all the services at an affordable price. An experienced agent is required for:

  1. Streamlining the mandatory processes & filing.
  2. Sending or receiving any documents.
  3. Reminding you about important dates of filing or payment of taxes.
  4. Simplifying the filing procedures.
  5. Avoid any penalties.
  6. Flexibility in working.
  7. Maintaining Privacy (as it keeps your personal records off the public record)

You can read more about a Washington Registered Agent here.

FAQs

Is it essential to file an Annual Report?

Yes, an annual report is essential for every business entity in most states. Some states also ask to file biennial or decennial reports to be filed.

What are the contents of the Annual Report?

A Yearly Business Report or the annual report typically incorporates the address of the business, names & addresses of the members, a list of all the signatories, SSN of the members, & details of the registered agent.

Why is hiring a Registered Agent necessary in filing the Annual Report?

A Registered Agent is well-aware of all the filing requirements, annual report filing fee, & overall Annual Report compliance. The knowledge & proficiency of the registered agent allows the smooth filing of reports & other fees.

What do I have to do for the annual business report preparation?

The most important thing for filing an Annual Report is record keeping. Make sure that you document every other transaction well.

Do the filing fees change as per the types of companies?

Yes, the fees may vary depending on the type of entity or the type of legal entity you are representing.

How Fast Can I Fill Washington LLC Annual Report

Deadline for filing annual reports in Washington is the last date of company’s anniversary month with the Washington Secretary of State. Late fee of $25 is charged.

One important question that commonly arises among LLC owners in Washington is, “How fast can I fill my Washington LLC Annual Report?” The speed at which one can complete this task depends on several factors, including the level of preparedness, familiarity with the process, and access to necessary documentation and information.

Firstly, a key aspect that impacts the speed of filling the Washington LLC Annual Report is the level of preparedness. LLC owners who maintain organized records and stay up-to-date with bookkeeping tasks will likely find this process quicker and efficient. By keeping accurate and detailed financial records throughout the year, businesses can smooth the path for swift filing when the time comes. It is essential for LLC owners to maintain a transparent and organized system that allows easy access to relevant information, deadlines, and previous reports.

Another factor that influences the speed of completing the Annual Report is the familiarity with the process itself. Experienced LLC owners who have been through the filing procedure in the past will typically be more familiar with the requirements and steps involved. They will also be more aware of the information they need to provide and the supporting documents they need to submit. Such knowledge and experience can expedite the process significantly, as knowing where to look and what to do can save time and eliminate any potential confusion.

Moreover, the availability of necessary documentation and information is vital to fill in the Annual Report promptly. LLCs need to gather financial statements, business revenue details, and any other required financial data for the reporting period. Having immediate access to this documentation can make a significant difference in completing the report quickly. By gathering and organizing the information in advance, LLC owners can avoid unnecessary delays when the filing period opens.

It is essential to note that rushing through the filing process without ensuring the accuracy and completeness of the information can lead to mistakes, penalties, or even legal ramifications. Although speed is desirable, it should not compromise the quality and accuracy of the report. While maintaining an efficient pace, LLC owners must carefully review the provided information, ensuring its correctness to the best of their abilities.

To conclude, the speed at which an LLC owner can fill their Washington LLC Annual Report can vary depending on a range of factors. Maintaining organized records, familiarity with the process, and accessibility to required documentation all contribute to quicker filing. While ensuring a swift pace, it is crucial for LLC owners to prioritize accuracy and completeness of the information provided. So, expedite the process by being well-prepared and informed, but always approach the filing procedure with diligence and care.

In Conclusion

An LLC has to file many types of reports, such as Application for Reinstatement, Periodic Report of a limited partnership (usually filed by the exempt nonprofit organization), etc., which are required depending on the type of entity. The Annual Report is mandatory irrespective of the entity type. It requires compliance across entities.


About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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