NEW FOR 2025: Understanding Your Annual Reporting Obligations in Pennsylvania

Recent changes in Pennsylvania legislation have introduced new requirements for annual reporting in lieu of the decennial (10-year) reporting requirement. Because this is new,  MidAtlantic wants to provide its members with a clear understanding of these obligations and practical steps to ensure compliance.

What is the Annual Report?

An annual report is a document that businesses must file with the Pennsylvania Department of State. It provides essential information about your business, including its status, contact details, and any changes in ownership or structure.

Why is Compliance Important?

Failing to comply with annual reporting requirements can result in penalties, fines, or even the dissolution of your business. Ensuring timely and accurate filing helps maintain your business's good standing and avoids unnecessary legal issues.

Key Requirements Filing Deadline

• Deadline: The annual report must be filed by June 30th for Corporations and September 30th for LLCs. LLPs, LPs, LLLPs, Partnership, Professional Associations, and Business Trusts have until December 31st. It's important to mark this date on your calendar to avoid late fees.

Information Needed

• Business Name.
• Jurisdiction of formation
• Registered office address
• Principal office address
• Name of at least one governor (director, member, partner, etc.)
• Name and titles of the principal officers, if any
• Entity number issued by the Pennsylvania Department of State

Filing Process

• Online Submission: You can file your annual report online through the Pennsylvania Department of State's website. This is the quickest and most efficient method.
• Fees: Be aware of any filing fees associated with the annual report. The fees are minimal ($7).
• Additional information can be found on PennDOT's site and in the Annual Report Help Guide.

Conclusion

If you have questions about your annual report, reach out to MidAtlantic! Staying compliant with annual reporting requirements is essential for the continued success of your business. By understanding your obligations and taking proactive steps, you can ensure your business remains in good standing.