February 2025: Pennsylvania's new company annual report requirement is here

 

​Pennsylvania now requires all businesses--no matter their size, for-profit and non-profit, in-state and out-of-state--to file an annual report with the PA Department of State (DOS) starting in 2025 and each year thereafter.

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The annual report collects basic information about the company (name, jurisdiction of formation, and registered office) and its governors and directors. I won't go into the details about what those terms mean, you can click on the links below--or contact us and let us deal with the excitement!

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A company's annual report due date is based on what type of entity it is.

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• Corporations (for-profit and non-profit) must file by June 30.

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• LLCs must file by September 30.

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• All other entities (think partnerships and business trusts) must file by December 31.

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The filing fee for for-profit entities is $7.00. The annual report is free for non-profit entities.

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What happens if you don't file the report on time? Starting in 2027, you could lose the exclusive right to use your corporate name, meaning another company could then use and incorporate under that name.

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Plus, you'll have to spend time and money to get your company reinstated. So, you're much better off getting used to these annual reports now and filing them on time each year.

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You can find more details about these annual reports here and here. And, as always, if you have any questions or issues, we're here to help.​