Annual Requirements & Ongoing Compliance Checklist for

_______________<Company Name_________________

(Please note, this list includes the most common ongoing requirements for corporations. It may not be
all-inclusive for all business types, all industries, or for all states.)

Federal, state, and local requirements:

ITEM DEADLINE
____ File federal income tax return _________________
____ File for a Federal Tax ID Number if deemed necessary _________________
for your business
____ If C corporation, pay necessary corporate income taxes _________________
____ If S corporation, report profit/loss on Shareholders’ _________________
tax returns
____ File state income tax return (if applicable), pay taxes _________________
____ Pay state franchise taxes (if applicable) _________________
____ Complete annual statement and pay necessary fee _________________
____ Comply with state sales and use tax obligations _________________
____ Comply with payroll tax obligations _________________
____ Comply with property tax obligations _________________
____ Pay county or city taxes (if applicable) _________________
____ Renew state, county, city, and/or municipality _________________
business licenses

Ongoing compliance items:

ITEM DEADLINE
____ Send proper notification of annual meeting _________________
of Directors
____ Hold annual meeting of Directors _________________
• Document all actions of the meeting
• Keep minutes of the meeting with
corporate records
• Elect corporate positions/Officers
____ Send proper notification of annual meeting _________________
of Shareholders
____ Hold annual meeting of Shareholders _________________
• Elect Directors
• Document all actions of the meeting
• Keep minutes of the meeting with
corporate records
___________________________________________________

ONGOING REQUIREMENTS: Keep these items with your corporate records

____ A copy of your Articles of Incorporation and any amendments
____ A copy of your Bylaws and any subsequent revisions and amended copies
____ A stock transfer ledger recording all transfers of your corporation’s stock
____ Copies of all meeting notice documents sent to Directors and Shareholders
____ Copies of all Directors and Shareholders resolutions
____ Minutes from all Directors and Shareholders meetings and copies of all documents
approved during those meetings (such as contracts, leases, etc.)
____ Your corporate seal