Filing Frequency: Annual (Once per year)
State Fees & Due Dates:
Domestic Corporations - Between $225 - $450 - March 1.
Foreign Corporations - $125 - June 30th.
LLCs (Foreign and Domestic) - $300 - June 1.
Non Profits, Cooperatives, and Religious Corporations - $25 - March 1.
LPs (Foreign and Domestic) - $300 - June 1.
General Partnerships - Foreign and Domestic - $300 - June 1.
Late Fees: The penalty for failing to file an annual report and/or pay the franchise tax varies by entity.
Domestic Corporations, Non Profits, LLCs, LPs, and general partnerships will be assessed a $200 late fee + 1.5% interest for every month of delay where no report and/or franchise tax is filed.
Foreign corporations will be charged a $125 penalty.
In addition, all businesses may be administratively dissolved by the state for non-compliance.