What is a Colorado Periodic Report
One of the requirements of maintaining an LLC or corporation in Colorado is filing a Periodic Report, which is commonly known in many states as an Annual Report. The Periodic Report is used to confirm and update the company’s information each year with the Colorado Secretary of State, such as the name and address of the registered agent and principal office address.
Related: How to form an LLC in Colorado
Who Needs to File an Annual Report?
Domestic and foreign corporations and LLCs are required to file an annual report each year after the year the company was formed.
What is Needed to File a Colorado Periodic Report
The only option of filing the Periodic Report is online through the Colorado Secretary of State’s website,
The report asks for information such as:
- The entity’s Secretary of State ID Number. You can find your ID by doing a name search and look for the Registration Date
- Legal business name of the entity
- Address of the Principal place of business (No P.O. Boxes)
- Name and street address (P.O. Boxes are not allowed) of the Registered Agent
Colorado Periodic Report Cost
The Periodic Report filing fee for either the Corporation or LLC is $10.
Periodic Report Due Date
The Secretary of State’s office sends an email notification reminder notice 7 days before the start of the periodic report month. Even though a reminder is sent, it’s important to make an additional reminder for yourself should you not receive it.
The annual filing is due by the last day of the anniversary month the LLC or Corporation was formed. For example, if your Colorado LLC or Corporation was formed January 1st, the Annual Report deadline will be every year thereafter before January 31st. You are able to file up to 2 months in advance.
If you’re unsure what month your entity was registered, you can find the approval date on your Articles of Incorporation or Articles of Organization.
Annual Report Filing ServiceIf you would rather use a service that guarantees the annual report is filed on-time, check out the annual report filing service through Northwest.
My business made little or no money. Do I still have to file the Periodic Report?
Even if your Corporation or LLC received no income or had no business activity, the Periodic Report is still required to be filed.
What happens if you don’t file the Periodic Report on time?
If the Periodic Report is not filed on time, a late fee of $40 will be assessed in addition to the entity’s status being changed to Non-Compliance.
If the Periodic Report is not filed within 3 months of the due date, the entity’s status will change to Delinquent. In order for the entity to regain its status of good standing with the Secretary of State, the Statement Curing Delinquency will need to be filed and all fees paid. By not being in good standing, the owners may be held personally liable should the LLC or corporation be sued. Eventually, without filing, the entity will be administratively dissolved by the Secretary of State.
Colorado Secretary of State Contact Information
The mailing address for the Colorado Periodic Report is:
Colorado Secretary of State
1700 Broadway, Ste 200
Denver, CO 80290
If you have questions, they can be contacted at (303) 894-2200.