Vermont LLC Annual Report
LLCs formed in Vermont need to file this report with the Vermont 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 Vermont 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?
Vermont LLC Annual Report
Annual Report is used to keep your business records up to date with the State of Vermont and to track the payment of your LLC State Taxes.
Filed every year
All LLCs formed in Vermont must file this report every year.
LLC Officials Information
Annual Report is mainly used to update the names and addresses of LLC officials such as members, managers, directors, or officers.
File Online or via mail
Annual report can be filed either online or by mail.
Change in address
You can also change your Company address(es) by updating it on the annual report when it is due.
Vermont actions
Here are some of the actions business owners can take in Vermont:
How to file Annual Report in Vermont ?
Follow these steps:
1. Visit official website
Every Vermont LLC is required to file an annual report each year. Your Vermont LLC Annual Report is due annually within three months after the end of your fiscal year. The typical due date is March 31.
Due
annually by March 31
The Annual report must be postmarked, complete and compliant, within the due period to avoid late fees.
LLC Annual Report
Every LLC has to file this report in Vermont to stay compliant with the state laws.
Filing Annual Report
Vermont LLC is expected to file this report annually by March 31
File it online on Vermont Secretary of State website
Visit
Online fee
$35
Online processing time
24 hours
Failure to pay
Vermont charges a $25 reinstatement fee for reports submitted after the filing deadline. In addition, Vermont can revoke an LLC’s registration for failure to file an annual report.
Articles of Organization
In Vermont, 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
Vermont Secretary of State
Corporations Division
128 State St.
Montpelier, VT 05633
Online fee
$125
Online processing time
1 - 2 days
Mailing fee
$125
Mail processing time
7 - 10 days
Entity name
Every LLC should have a unique name in Vermont. Vermont 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 Vermont business 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 Vermont corporations & 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
$20
Reservation period
120 days
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
11 V.S.A. §4005
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Here are some of the guidelines in simple language:
- 1
Shall contain the words "limited liability company" or "limited company" or the abbreviation "L.L.C.," "LLC," "L.C.," or "LC." The word "limited" may be abbreviated as "Ltd." and "company" may be abbreviated as "Co.".
- 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 Vermont
It is very important to maintain full compliance in Vermont. 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 Vermont.
Vermont LLC
Vermont Business search