Compliance

Annual Reports and Confirmation Statements Explained

Yearly compliance for US LLCs and UK LTDs, without penalties.

Sep 15, 2025 7 min read Entity Makers Editorial Team Compliance

Why annual filings matter

Missing an annual filing puts your entity into 'not in good standing' status. Consequences include losing your ability to sue, having your business name released back to the pool, or full administrative dissolution.

US annual reports by state

StateFeeDeadline
Wyoming$60 minFirst day of anniversary month
Delaware$300 franchise taxJune 1
Florida$138.75May 1
Nevada$350+Last day of anniversary month
New Mexico$0None (LLC)

UK Confirmation Statement

£13 online, £40 paper. Due once every 12 months from your date of incorporation or last confirmation. Missing it is a criminal offence for directors.

Other annual filings

  • Form 5472 + pro-forma 1120 for non-resident single-member LLCs (US)
  • Form 1065 for multi-member LLCs (US)
  • UK Corporation Tax return (CT600) within 12 months of accounting period end
  • UK Company Accounts within 9 months of year-end

Frequently asked questions

Late fees start at $50 and escalate. Miss two consecutive filings and most states administratively dissolve the entity.
EM
Written by
Entity Makers Editorial Team
Business Formation Specialists

Entity Makers is a team of business formation specialists helping entrepreneurs worldwide establish USA LLCs, UK LTD companies, business bank accounts, payment gateways, and global eCommerce businesses. Our content is written by experienced professionals with expertise in company formation, compliance, taxation, and international business expansion.

Comments coming soon
Have a question about this article? Email info@entitymakers.com — we reply within 24 hours.
Share
Newsletter

Get monthly founder briefings

One email a month with new guides, tax reminders, banking updates and Stripe/PayPal changes that matter to global founders.

We never share your email. Unsubscribe anytime.

Ready to build your global business?

Book a free consultation with an Entity Makers specialist. We'll map the right structure, banking, and payment stack for your goals.

See Pricing