How to File a West Virginia Annual Report in 2024 - How to Start my LLC

How to File a West Virginia Annual Report

Written by:

Carolyn Young has over 25 years of experience in business in various roles, including bank management, marketing management, and business education.

Reviewed by: Sarah Ruddle

For over 15 years, Sarah Ruddle has been a noteworthy leader in the business and nonprofit world.

How to File a West Virginia Annual Report

How to File a West Virginia Annual Report

If you have a limited liability company (LLC) in West Virginia, you must file an annual report to keep your business in good standing. It’s a relatively painless process that can be done online. 

What Is an Annual Report?

An annual report verifies your business information and tells the state of West Virginia that your LLC is still operating. In addition, keeping up with annual reports is a legal requirement that enables you to obtain a Certificate of Existence, which a bank or creditor might request to confirm your compliance. 

In West Virginia, the following information is required for the annual report: 

How to File an Annual Report in West Virginia

To file your annual report in West Virginia, visit the WV One Stop Business Portal website and either log in to your account or click “Guest Annual Report Filing.”

Then select “SOS annual report” and search for your business on the next page.

image
image
image

Simply fill in the required information and submit your report. 

The filing fee is $25, and reports are due July 1. The fee for late filing is $50.

If You Do Business in Other States

If you do business in other states, be sure to register in those states as a foreign LLC. For example, if your LLC is registered in West Virginia and you start doing business in Florida, you’ll need to register in Florida as a foreign LLC.

You’re generally required to register as a foreign LLC if:

  • You have a physical presence of any kind in that state 
  • You have employees in that state
  • You regularly meet with clients, managers, or investors in that state
  • You are licensed to do business in that state

Once you’ve registered as a foreign LLC, your business will need to follow the annual reporting requirements of that state and pay taxes in that state. 

In Closing

Filing an annual report in West Virginia is relatively easy and crucial to smooth business operations.

Failing to file an annual report can result in serious penalties, as can filing an inaccurate report.

Review all your business information and file your report on time to ensure your LLC remains in good standing.