North Dakota LLC Annual Report
LLCs formed in North Dakota need to file this report with the North Dakota Secretary of State each and every year. i.e., annually. Read about how to file this report.
File report online
Visit the official state government’s website to submit annual report online.
Visit North Dakota official website
What is an LLC?
Limited Liability Company
LLC is a business entity in the U.S that provides limited liability to its members. It has characteristics from both corporation and sole proprietorship. LLCs are permitted under State statutes of each US state.
Limited liability
Personal assets are protected for people with limited liability when they are sued.
Corporation
A business entity that can issue shares and give limited liability to shareholders.
Members
Owners of an LLC are referred to as members. They own membership interest in the LLC.
Sole proprietorship
Where an individual engages in business activity without formal organization.
Why file the report?
North Dakota LLC Annual Report
An annual report is used to keep an LLC’s contact information up-to-date and to keep your LLC in compliance and in good standing with the state of North Dakota.
Filed every year
Each and every LLCs formed in North Dakota must file this report every year.
Update your business information
The annual report is primarily used to update business data such as the character of business and names and addresses of LLC officials (i.e., members or managers)
File Online or via mail
Annual report can be filed either online or by mail.
Change in Business Address
You can also change your principal executive office address or mailing address by updating it on the annual report when it is due.
North Dakota actions
Here are some of the actions business owners can take in North Dakota:
How to file Annual Report in North Dakota?
Follow these steps:
1. Visit official website
Every North Dakota LLC is required to file an Annual Report each year. The North Dakota Annual Report is due on November 15th of each year.
Due
annually by November 15
The Annual Report must be postmarked, complete and compliant, before November 15 to avoid late fees.
LLC Annual Report
Every LLC has to file this report in North Dakota to stay compliant with the state laws.
Filing Annual Report
North Dakota LLC is expected to file this report annually by November 15
File it online on ND Secretary of State website
Visit
Online fee
$50
Online processing time
instant
Failure to pay
North Dakota charges a $50 penalty for failure to file on time. In addition, it can revoke an LLC’s business registration after 6 months if you fail to file an annual report.
Articles of Organization
In North Dakota, Articles of Organization is the form you file with the Secretary of State to form an LLC. It contains the articles of formation for the LLC.
Filing Articles of Organization
Here's how you file it
File it online on North Dakota Secretary of State website
Visit
Online fee
$135
Online processing time
4 weeks
Entity name
Every LLC should have a unique name in North Dakota. North Dakota maintains a list of names of entities in the state. Go through it to check if your chosen name is available.
Search for names
Go to the official website of the North Dakota business search tool to see if the name you want is available.
Searching fee
Free
Reservation
You can reserve a name for your LLC for a specific duration by paying reservation fees to the North Dakota business services. You will have to file your LLC formation documents within this period to keep the name. Alternatively, you can directly go ahead with the LLC formation without any reservation. That's fine too.
Reservation fee
$10
Reservation period
1 year
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
N.D.C.C. 10-32.1-11
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Here are some of the guidelines in simple language:
- 1
Must contain the words "limited liability company", or must contain the abbreviation "L.L.C." or the abbreviation "LLC".
- 2
Don’t include terms that indicate that you are doing an activity that you are not authorised to do.
- 3
Your name should be ‘distinguishable’ in the Secretary of State records. Adding a punctuation or ‘the’ does not make it distinguishable.
- 4
Don’t use words that makes it seems like you are a governmental entity or has an affiliation.
Frequently asked questions
LLC Annual Report in North Dakota
It is very important to maintain full compliance in North Dakota. Filing these reports helps you protect your personal assets by maintaining limited liability and also to be in good standing with the state. Read our guides to learn how to start and manage a business in North Dakota.
North Dakota LLC
North Dakota Business search