Oregon LLC Annual Report: Requirements and How to File

Oregon LLC annual report

Business owners must comply with the laws of each state in which their companies operate. Many, but not all, states require firms to register their businesses with the Secretary of State and regularly update the state regarding the business, its purposes, the key individuals involved, and their contact information.

Oregon requires entities conducting business in the state to register with the Oregon Secretary of State using the Oregon Business Registry. The registration process requires you to provide the key information about your business mentioned above. Note that under Oregon’s public records laws, the information submitted to the Secretary of State becomes part of the public record.

Every registered LLC in Oregon must file an Annual Report by the anniversary date of when you first filed the registration for your LLC. Failing to file an Annual Report by the due date can lead to your LCC being subject to late fees or the dissolution of the business.

This Annual Report guide describes what you need to know to file your Annual Report, the required information, the due date, and the report filing process.

What to know about an annual report in Oregon

Oregon’s Annual Report for LLCs requires the updating or confirmation of technical information about the LLCs and their members and managers. Oregon uses it to ensure it has current information and contacts for all LLCs operating in the state. The information is part of the public record, so the public can access the information about Oregon LLCs.

The filing cost for a Domestic LLC is $100, while Foreign LLCs pay $275 per year.

You can file your Annual Report starting 45 days before the anniversary of your first filing of the LLC registration. If you do not file by the anniversary date, it is considered late, and you have 45 days to file before the LLC becomes inactive.

Once your LLC becomes inactive, you must pay a $100 reinstatement fee, file any missing annual reports, appoint or maintain a registered agent, and pay past-due fees and taxes that may apply. 

Warning: If your LLC becomes inactive, someone else may register your business name, creating a conflict. This situation can occur because Oregon’s registration system only searches the names of active businesses, so your inactive LLC will not appear in the results, leaving your LLC name available to others. Of course, you can avoid that possibility by filing your Annual Report on time.

How to file an annual report in Oregon

You must file the Oregon Annual Report online through the Oregon Business Registry page. 

Upon reaching the Oregon Business Registry page, you will enter the contact email address twice and the Oregon Registry Number. If you do not know your Oregon Registry Number, follow the Oregon Secretary of State’s Business Name Search instructions to find your number.

After entering your email address and Oregon Registry Number, click the “Retrieve Renewal Detail” button. Your business information will be displayed at the bottom of the screen. If the page shows the correct information, find the Renew Due heading and click the “Start Renewal” button below the heading.

Fill out the form with the required information

The State of Oregon requires LLCs to verify, update, or add the following information to the Annual Report.

  • Business Name: You cannot change your LLC business name within the Annual Report. If you change your business name, update the name using the Oregon Business Registry before filing your Annual Report.
  • Statement of Purpose: Describes the nature of the business and activities
  • Business Address, Email, and Phone Number: Shows your LLC’s primary physical location and contact information of the registered agent, including an email address and phone number.
  • State or Country of Origin: Identifies where the business was formed
  • Registered Agent Name and Address: LLCs must appoint and maintain a registered agent with a physical street address in Oregon. The state does not accept a post office box, commercial mail receiving agency, or private mailbox as the address. The state or others use the registered agent name and address when sending notices or services of process related to your business.
  • LLC Member Information. Identify the names, titles, and addresses of the LLC’s members. You may use the LLC’s physical address for all the LLC members and managers.
  • Signature and Title: The title and signature of the person filing the Annual Report for the LLC.

Choose one of the filing options 

The State of Oregon requires LLCs to file their Annual Report online using the Oregon Business Registry page. You cannot file the Annual Report by mail.

You can simplify the process using Tailor Brand’s service, Annual Compliance, which ensures your filings are completed accurately and on time for each state where you conduct business.

Many Oregon LLCs use compliance services to complete their filings. A compliance service like Tailor Brands takes care of this work for you and ensures your LLC remains active and fully complies with Oregon and other states’ guidelines.

Pay the fee filing fees

Oregon requires LLCs to pay a filing fee when they file their Annual Report. LLCs based in the United States (Domestic LLCs) pay $100 to file their Annual Reports, while LLCs based outside the U.S. (Foreign LLCs) pay $250 to field their Annual Report.

Make sure you file on time

Your LLC’s Annual Report is due each year on the anniversary of the original filing of the LLC’s registration. For example, if you registered your LLC on February 14 during the registration year, your Annual Report is due on February 14 every year thereafter.

The Secretary of State mails a reminder to your registered agent each year approximately 45 days before the due date.

As noted above, Domestic LLCs) pay $100, and Foreign LLCs pay $250 to file their Annual Reports.

What happens if you fail to file on time?

All registered LLCs must file an Annual Report by their registration anniversary date.

Failing to file an Annual Report by the due date makes to your LLC being subject to late fees or the dissolution of the business.

Late fees and fines

You can file your Annual Report beginning 45 days before your registration anniversary date. Oregon does not charge a late fee when you file your Annual Report after the anniversary date. However, you have a 45-day grace period to file the Annual Report. If you file to file by the end of the grace period, your LLC becomes inactive.

Once your LLC is inactive, the reactivation process involves paying a $100 reinstatement fee and ensuring all other information, fees, and tax payments are current.

Penalties

Oregon does not charge a penalty for the late filing of your Annual Report. However, if your LLC becomes inactive, you will be charged a $100 reinstatement fee to return the LLC to active status.

Inactive business names are available for others to acquire.

If another party registers a business under your business name while yours is inactive, you will need to change your name.

Dissolution

LLCs have a 45-day grace period to file their Annual Report after the registration anniversary date. After 45 days, the business becomes inactive, the equivalent of “administrative dissolution.” Inactive LLCs can be reinstated online for up to five years after being inactivated. The reinstatement process occurs through the Oregon Business Registry page, using the “Reinstate” link, and requires payment of a $100 reinstatement fee.

Maintain your good standing and file on time

The LLC’s Annual Report is essential since it provides the State of Oregon and the public with critical information about your business. Filing the Annual Report requires that you collect and report key information about your company, its purpose, members, and contact information. Oregon requires each LLC operating in the state to file an Annual Report.

Someone associated with your LLC or a compliance service specializing in this work may complete your Annual Report. A compliance service ensures the reports are filed on time and accurately for each state where your LLC operates.

FAQs

State reporting requirements are generally consistent from year to year. However, changes can occur when new administrations at the federal or state bring policy changes. Change also occurs due to information systems and other state-level upgrades.

You can file your Annual Report beginning 45 days before the registration anniversary date. Oregon mails a reminder to your Registered Agent at the time, and you can comply by filing by the anniversary date.

Compliance services like Tailor Brands specialize in submitting state-mandated forms like Oregon’s Annual Report. We monitor changes to state reporting requirements, and by maintaining your current information and co-operation, we efficiently submit each state’s forms on time and accurately.