A “Fictitious Business Name” (FBN) is a name you choose to do business under that can be different from the official legal name of your LLC or corporation. Fictitious business names normally need to be filed with the Secretary of State or other entity that governs business formation in your state. If your business operates in multiple states, you’ll likely need to file a fictitious name in any state where you have a presence.

We can take care of the details.

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The SS4 is the IRS form required to obtain an EIN (Employer Identification Number, frequently called a Tax ID number). The EIN/Tax ID number can be thought of as a Social Security Number for your business. It is usually required to open a bank account in the name of the business and to properly pay and account for any wage/payroll employees of your company. Incfile will obtain your federal EIN electronically and have it back to you via email within one business day.

The SS4 is the IRS form required to obtain an EIN (Employer Identification Number, frequently called a Tax ID number). The EIN/Tax ID number can be thought of as a Social Security Number for your business. It is usually required to open a bank account in the name of the business and to properly pay and account for any wage/payroll employees of your company. Incfile will obtain your federal EIN electronically and have it back to you via email within one business day.

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Protecting your trademark can really pay dividends. Not only is it a valuable property asset, but it’s also your brand, your reputation. The reputation you have established is associated with these different brand elements – your name, logo, and tagline – and the reason why people buy from you.

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What is an annual report?

An Annual report is a filing that details a company’s activities throughout the prior year. Annual reports are intended to give state governing authorities information regarding the names and addresses of directors or managing members of a corporation or LLC as well as the company and registered agent address. In some state the annual report is filed at a pre determined date for all entities regardless of the date of formation while other states require that the annual report is filed on the anniversary date of formation.

If you’re a business manager, director, or owner, you have a requirement to follow certain rules and regulations. One of those is filing an annual report for your business. We’ll explore what an annual report is, how to file it, what it should contain, and other useful information.

One important point — When we discuss annual reports, we’re talking about formal requirements to produce a report and file it with your Secretary of State. However, you may also produce additional annual reports for your investors, shareholders, and other stakeholders. We cover those later in this piece.

Formal LLC & Corporate Annual Reports — Required by Your Secretary of State

If you’ve incorporated as a business — As an LLC, LLP, S-Corp or C-Corp, you must file an annual report, normally with your state’s Secretary of State. This applies no matter how big or small your business is. Typically, sole proprietors and partnerships do not have to file an annual report.

What is Contained in an Annual LLC or Corporate Report?

Annual reports vary in complexity and typically include the following:

1. The principal business (head office) address of the company.
2. The names and addresses of the managers of the business (directors and officers in a corporation, members and managers in an LLC).
3. Important identification numbers for your business.
4. The purpose of your business.
5. Authorized signatories and registered agents.
6. The number of shares of stock issued by the business.

The purpose of an annual report is to keep your state informed on any changes to the details or ownership of your business — For example if the business has changed locations or has new directors or managers.

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