Tennessee LLC Annual Report
LLCs formed in Tennessee need to file this report with the Tennessee Secretary of State each and every year. i.e., annually. Read about how to file this report.
File report online
Visit the official state government’s website to submit annual report online.
Visit Tennessee official website
What is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Limited liability
Personal assets are protected for people with limited liability when they are sued.
Corporation
A business entity that can issue shares and give limited liability to shareholders.
Members
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Sole proprietorship
Where an individual engages in business activity without formal organization.
Why file the report?
Tennessee LLC Annual Report
An annual report is used to keep your business records up to date with the State of Tennessee.
Filed every year
Each and every LLCs formed in Tennessee must file this report every year.
Update your business information
The annual report is primarily used to update business data such as the Registered agent address and names and addresses of LLC officials (i.e., members, managers, directors, or officers). However, Registered agent changes filing requires a separate fee.
File Online or via mail
Annual report can be filed either online or by mail.
Change in Business Address
You can also change your principal office address by updating it on the annual report when it is due.
Tennessee actions
Here are some of the actions business owners can take in Tennessee:
How to file Annual Report in Tennessee?
Follow these steps:
1. Visit official website
Every Tennessee LLC is required to file an annual report each year. Your Tennessee LLC Annual report is due annually by the 1st day of the 4th month following your fiscal year-end. For entities with a 12/31 fiscal year-end, the due date is April 1 of each year.
The Annual Report must be paid by the 1st day of the 4th month after the end of your LLC’s fiscal year to avoid issues.
LLC Annual Report
Every LLC has to file this report in Tennessee to stay compliant with the state laws.
Filing Annual Report
Tennessee LLC is expected to file this report annually
File it online on Tennessee Secretary of State website
Visit
Online fee
$300 onwards
Online processing time
instant
Failure to pay
Tennessee does not charge late fees if you miss your filing deadline but may dissolve or revoke your LLC after 60 days of failing to file an annual report.
Articles of Organization
In Tennessee, Articles of Organization is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Filing Articles of Organization
There are a couple of ways to file
Address
6th floor - Snodgrass Tower
Attn: Corporate Filing
312 Rosa L. Parks Ave.
Nashville, TN 37243
Online fee
$300+
Online processing time
24 hours
Mailing fee
$300+
Mail processing time
3 - 5 days
Note
Filing fee is $50 per member, with a minimum of $300 and a maximum $3000.
Entity name
Every LLC should have a unique name in Tennessee. Tennessee maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the Tennessee business information search tool to see if the name you want is available.
Searching fee
Free
Reservation
You can reserve a name for your LLC for a specific duration by paying reservation fees to the Tennessee business services. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
Reservation fee
$40
Reservation period
120 days
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
Tenn. Code Ann. §48-207-101
Visit
Here are some of the guidelines in simple language:
- 1
Must contain the words "limited liability company," or the abbreviation "L.L.C." or "LLC," or words or abbreviations of like import in another language; provided, that they are written in roman characters or letters.
- 2
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
- 3
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
- 4
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Frequently asked questions
LLC Annual Report in Tennessee
It is very important to maintain full compliance in Tennessee. Filing these reports helps you protect your personal assets by maintaining limited liability and also to be in good standing with the state. Read our guides to learn how to start and manage a business in Tennessee.
Tennessee LLC
Tennessee Business search