The information you typically need to fill out an annual report includes the names and addresses of your company’s owners, the official business name of your entity, the managerial structure of the business, and more.
There’s a small handful of states that don’t require any sort of regular reports and a few others that only require reports every other year. And in Pennsylvania, you only need to file a report once per decade. Still, for the vast majority of states, annual reports are a crucial part of the LLC or corporation’s yearly maintenance process.
If you would rather receive some assistance with your annual reports, you’re in luck. The same companies that offer reliable LLC formation services also typically provide annual report services. Some of these companies provide fully managed services in which they’ll track your due dates, provide you with reminders, and fill out and file the forms. Others simply offer to complete and submit the annual report form, leaving you to keep track of the deadline.
In this guide, we’ll discuss the best options for basic and managed annual report services, as well as the top companies that bundle annual report and LLC formation services. Let’s get started!
Before we start breaking things down further, we’d like to list our top three picks for annual report filing services: ZenBusiness, MyCompanyWorks, and MyCorporation. Interestingly, these three companies all excel in different areas for annual reports.
Here at ZenBusiness, we offer two outstanding options for annual report services. You can either choose a basic annual report service that includes the preparation and filing of your reports, or you can take things a step further with our Worry-Free Compliance package. This adds due-date tracking, a compliance calendar, up to two amendments per year, and expert support if your business ever loses its good standing with the state.
Let’s take a deep dive into each of these companies to see which is the best option for you.
Would you rather save some money by keeping track of your own due dates and only purchasing the annual report preparation and filing process itself? If so, these companies are options. Let’s briefly discuss what makes each one a contender for basic annual report filing services.
Our offer for basic annual report filing comes with an accuracy guarantee. If you order this service in a timely fashion, we guarantee that your annual report will be filed accurately and efficiently to remain in compliance with state laws.
We truly excel when it comes to customer feedback, as nearly all of our 12,000+ reviews are extremely positive in nature.
Another aspect of ZenBusiness that our customers value is our commitment to giving back. We’re a public benefit corporation that provides $5,000 grants to help our customers kickstart their businesses.
At $59 (plus any applicable state fees), MyCompanyWorks has reasonable pricing for basic annual report services. Of course, it’s not all about pricing. Cost is always an important consideration, but it’s far from the only criterion we use when analyzing annual report service providers. MyCompanyWorks also receives strong feedback from its customers, with more than 4,000 reviews available online and most of them being positive.
The other selling point for MyCompanyWorks is its responsive customer support department. While many competitors make you wait a matter of days to hear back from them, MyCompanyWorks says it responds to most phone calls and emails within just 20 minutes.
Northwest Registered Agent is a popular company for many business services, including basic annual reports. Northwest has an advantage over some competitors when it comes to customer support. Instead of the generic “call center” approach used by most competitors, Northwest has highly trained employees answering every phone call.
We appreciate how Northwest is dedicated to privacy and online security. Northwest runs its own web servers and writes its own code, ensuring that no third parties ever have access to your private information.
Northwest doesn’t have nearly as many customer reviews as some competitors in this guide, but it’s tough to deny the high quality of this feedback. With around 800 reviews available online, we were unable to find more than just a small handful of negative reviews for Northwest Registered Agent.
With a rate of $99 (plus your state fee), LegalZoom has a fairly standard pricing model for basic annual report filings. LegalZoom’s claim to fame is that they’re one of the most experienced companies in this market today, as they’ve helped millions of business customers to date. They also use extensive advertising campaigns to grow their brand across the country, giving them widespread name recognition.
We’re also impressed by LegalZoom’s 100% satisfaction guarantee, which promises to refund your service fees in full if you’re unhappy for any reason. LegalZoom gives you 60 days to decide, making this one of the strongest refund policies in the industry. It’s nearly identical to the policy we have at ZenBusiness.
Do you feel like you already have enough on your plate without having to keep track of annual report filing deadlines? If so, you should look into a managed annual report filing service. With this option, you don’t just receive the prep and filing of your annual report itself, but you also get a company that will track your due dates on your behalf, entirely removing annual reports from your company’s to-do list.
Here at ZenBusiness, we take managed annual report service to the next level. While our competitors typically just provide due-date tracking and annual report prep and filing, we also include up to two amendments per year.
Amendments allow you to change your formation documents to reflect changes in address, your business name, or your ownership group. In addition, if your business ever falls out of good standing with your state, our expert team will help you back in compliance.
MyCompanyWorks comes in at $99 for managed annual reports. We already discussed MyCompanyWorks in depth earlier, so we’ll just briefly touch on the specifics of this particular offering.
With MyCompanyWorks Premium, you’ll receive the preparation and filing of your annual reports, along with compliance alerts and business entity monitoring, automatic minutes and resolutions, and more. Throw in this company’s solid customer feedback reputation and responsive customer support, and you’re looking at a well-rounded managed annual report service.
With a solid $99 price point, MyCorporation is another good option for managed annual reports. MyCorporation also has a solid deal on the combination of LLC formation and annual report services (more on this in a bit).
MyCorporation has lots of experience, as they’ve helped form more than 1 million businesses over the years. In addition, MyCorporation receives decent feedback from its customers, with hundreds of positive reviews scattered across the web, although this company also receives a moderate amount of critical feedback. While MyCorporation doesn’t excel in any specific way, they have plenty of positive aspects that make them a contender for your annual report service.
Do you still need to form your business entity? Would you like to receive your business formation in a convenient bundle with a year of managed annual report service? As it turns out, two of the most popular companies in this industry — ZenBusiness and MyCorporation — offer packages that combine these services. Let’s take a look at what each company provides in addition to your LLC formation and annual report services.
With ZenBusiness, you can get incorporation or LLC service with our Worry-Free Compliance ongoing state assistance package — including managed annual report service and up to two amendments per year — for a total of $199. You’ll also receive an LLC operating agreement and an employer identification number (EIN).
It’s a truly comprehensive LLC formation package that includes everything you need to form and maintain your business entity.
MyCorporation’s pricing for the combination of incorporation and managed annual report services starts at $158, plus the state’s fee. Like ZenBusiness, this bundle provides the prep and filing of your business formation paperwork and one year of basic annual report service. However, MyCorporation’s package includes fewer valuable features. The only other feature you’ll receive with this package is online document storage.
Disclaimer: The content on this page is for information purposes only and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.
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