Your annual filing requirements will vary based on your business structure and the state. Corporations have the strictest annual requirements, as they have to hold initial and annual director and shareholder meetings, record their meeting minutes, adopt and maintain bylaws, issue stock to shareholders, and record all stock transfers. LLCs requirements are a lot less complicated. Most states require an annual report, though some only require filings every other year. The annual reports also come with fees, which vary by state, so prepare to pay up in order to remain compliant with state regulations. Also, if you’ve made any important structural changes to your company, maybe a change of address, number of shares, or ownership, you’ll want to report them with your annual report. Some states also hit LLCs and corporations with franchise taxes, excise taxes, and extra fees.