Oregon LLC Annual Report
LLCs formed in Oregon need to file this report with the Oregon 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 Oregon 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?
Oregon 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 Oregon.
Filed every year
Each and every LLCs formed in Oregon must file this report every year.
Update your business information
The annual report is primarily used to update business data such as the names and addresses of registered agent and/or LLC officials (i.e., members or managers)
File Online
Annual report can only be filed online. There is no option to file by mail.
Change in Business Address
You can also change your principal office address by updating it on the annual report when it is due.
Oregon actions
Here are some of the actions business owners can take in Oregon:
How to file Annual Report in Oregon?
Follow these steps:
1. Visit official website
Every Oregon LLC is required to file an annual report each year. Your Oregon LLC Annual report is due annually by the anniversary of the registration date.
Due
annually
The Annual Report must be post marked, completed before the anniversary of the registration date to avoid late fee.
LLC Annual Report
Every LLC has to file this report in Oregon to stay compliant with the state laws.
Filing Annual Report
Oregon LLC is expected to file this report annually
File it online on Oregon Secretary of State website
Visit
Online fee
$100
Online processing time
1-2 days
Failure to pay
Any annual report received after the due date will result in your LLC becoming “inactive” with the state.
Articles of Organization
In Oregon, 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
There are a couple of ways to file
Address
Secretary of State, Corporation Division
255 Capitol St. NE
Suite 151
Salem, OR 97310
Online fee
$100
Online processing time
24 hours
Mailing fee
$100
Mail processing time
3 - 5 days
Entity name
Every LLC should have a unique name in Oregon. Oregon 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 Oregon business name 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 Oregon corporation division 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
$100
Reservation period
120 days
LLC naming guidelines
The name you choose for your LLC must the official naming guidelines.
ORS §63.094
Visit
Here are some of the guidelines in simple language:
- 1
Shall contain the words limited liability company or the abbreviation L.L.C. or 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 Oregon
It is very important to maintain full compliance in Oregon. 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 Oregon.
Oregon LLC
Oregon Business search