To sustain compliance with Oregon laws and regulations, you may be required to file an annual report each year. It is mandatory for Oregon businesses except sole proprietorships and general partnerships. This report is filed annually with the Secretary of State’s Office. This document helps businesses stay in good standing by maintaining accurate and current company records. It acts as a formal record-keeping instrument for the sake of public accountability and regulation. You may stay in compliance when conducting business in Beaver State by using the following information. How to file an annual report in Oregon, this guide page will help you to navigate the process and learn smoothly. We also highly recommend working with Oregon’s annual report filing services that streamline the process quickly and effectively.

An annual report: what is it?

The majority of states mandate that firms provide yearly reports. States have different dates and special filing procedures. While some states only need filing once a year, others permit biennial filings (every other year). When a business first starts out, several states may also require it to file an initial report, sometimes known as a first annual report. Failure to file a company’s annual report on time may result in penalties.

This document includes the financial data from the previous fiscal year for corporations, partnerships, public entities, and nonprofits. Companies create and submit an annual report to the office of the Secretary of State in which they conduct business. In Oregon, the Oregon Business Registry website is used to submit an annual report to the Secretary of State’s Office.

What details need to be included in an Oregon annual report?

A concise summary of the company’s operations, any recent structural adjustments, and the following components must all be included in an Oregon annual report.

Business name and Business ID number

The full name of the legal entity, including the terms of incorporation (LLC, corp., inc., etc.), must appear in the annual report. Additionally, an Oregon Business ID Number (BIN) must be included. Businesses that are registered with the Secretary of State’s office are given this special number. In addition to being necessary for filing yearly reports, renewing business registrations, and carrying out other formal activities, it serves as the company’s identification in state records.

The primary address of the business

The place where a business in Oregon keeps its records and carries out its primary operations is known as the major office address.

Address for mail

The principal office address of an Oregon firm is the place where its main operations are carried out and its records are maintained. A P.O. Box is not an option.

Officers, directors, members, or managers’ names and addresses

The names, titles, and regular addresses of business officials, directors, and managers must be included in the annual report.

Name and address of the registered agent

The annual report must include the name and address of the corporation’s registered agent, who serves as the official point of contact for legal and government correspondence on behalf of the company.

Three steps to filing your Oregon annual report

Step 1: Compile the relevant data

When filing a report, you’ll need the information mentioned above, including the name of your company, its principal address and mailing address (if applicable), the state and nation in which you established the company, and the names, titles, and addresses of any officers, managers, or partners.

Step 2: Apply to the website of the Oregon Secretary of State

Oregon only allows the filing of annual reports via the Business Registry system run by the Secretary of State. You must first create an account to access it, which you may use to log in the next time you visit the website. Unless you ask the Secretary of State’s office for a specific waiver, all reports must be submitted electronically.

Step 3: Compile and send your report

Submit the data and your filing fee when you’ve entered it. After that, you ought to get confirmation that it was sent. It can be needed for upcoming audits or business transactions, so keep it as evidence that you filed.