Vermont Annual Report: Everything You Need to Know
When filing a Vermont annual report, a standard LLC needs to pay a filing fee of $35.4 min read
2. Domestic Corporations
3. Foreign Corporations
4. Domestic Limited Liability Companies
5. Foreign Limited Liability Companies
6. Nonprofit Corporations
7. How to Complete Your Vermont Annual Report Online
When filing a Vermont annual report, a standard LLC needs to pay a filing fee of $35. Filing the report is easy, as you just need to confirm or update your company's information, including:
- The name of your registered agent.
- Your mailing and principle office addresses.
- The name of your principal personnel.
Specific Filing Details for Different Entities
Each type of entity has slightly different requirements for filing a Vermont annual report. However, all entities need to send their information to the Vermont Secretary of State Division of Corporations and can find the appropriate pre-populated form for their company by heading to the official Secretary of State website. You can either mail the form or submit it online. Anyone with authority within the company can file the report, and you don't need to collect original signatures from anyone.
If you front a domestic corporation, your state fee is $45. This fee is due two and a half months after the end of the fiscal year, which typically falls on March 15. If you don't pay on time, you'll be penalized with a $25 late fee, and you might put your business at risk for being dissolved by the state.
For more information, refer to Vermont Statutes Title 11A § 16.22.
For foreign corporations that do business in Vermont, your state fee is $200. Like a domestic corporation, you also need to turn in your form two and a half months after the end of the fiscal year. If you're late, you'll also owe an extra $25 and risk having your business dissolved.
Vermont Statutes Title 11A § 16.22 has further details if you'd like more information.
Domestic Limited Liability Companies
Domestic limited liability companies must pay a filing fee of $35. This fee is due three months after the end of the fiscal year, which falls around March 31 for most companies. You'll have to deal with a $25 late fee if you pay after this date and might have your business dissolved.
To learn more about this, read Vermont Statutes Title 11 Ch. 25 § 4012.
Foreign Limited Liability Companies
A foreign limited liability company in Vermont has a filing fee of $140. This money is due three months after the end of the fiscal year, which is typically around March 31. Again, you'll have to deal with a $25 late fee and the threat of dissolution if you are late with this payment.
Vermont Statutes Title 11 Ch. 21 § 4012 has more details on the subject.
Nonprofit corporations are a little different than other entities, as they require a biennial report. All reports are due by April 1, but they can be filed after January 1. The state fee is $20, and there is a $25 late fee as well as the threat of having your nonprofit status revoked if you don't file on time.
Vermont Statutes Title 11B § 16.22 has further information if you require it.
How to Complete Your Vermont Annual Report Online
Follow these steps to file your report online.
- Head to the Vermont Online Business Service Center.
- Sign in with your username and password, or create a new account if this is your first year using the system.
- Take a look at your account dashboard. On the left side, there should be a link that says “VT SEC OF STATE ONLINE SERVICES." Click on it to continue.
- On this page, click the “File Your Annual/Biennial Report” link to get started with the form.
- Search for your business by entering your LLC's name or ID.
- When the search results appear, click on your LLC and hit "Continue."
- While you'll see information about your LLC, business ID, and more, you don't have to make any changes. This is just for your knowledge.
- You can edit your email address here if you need to. Both work or personal emails are acceptable.
- You'll also see your designated office address. Only change this if it's incorrect.
- Your mailing address will be here too, and it should only be altered if incorrect.
- Enter your name in the "Authorizer Name" box.
- Add additional members or managers as necessary on the next page. You can also delete members or managers on this page.
- When finished making all changes, click the "Continue" button.
- Add your credit card info, and then click the "Pay Securely Using Credit Card" button.
- You'll get one last chance to review all your information. If everything is correct, click "File Annual Report." Your annual report will be officially filed.
If you need help with your Vermont annual report, you can post your legal need on UpCounsel's marketplace. UpCounsel accepts only the top 5 percent of lawyers to its site. Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Airbnb.