Texas Annual Report Requirements: What Businesses Need to Know
Most Texas businesses must file annual franchise tax reports and public information reports with the Texas Comptroller.
Who needs to file?
Texas LLCs and corporations are generally required to file:
Franchise Tax Report
Public Information Report (PIR) or Ownership Information Report
When are reports due?
Reports are typically due May 15 each year.
Do all businesses pay franchise tax?
Not necessarily. Many small businesses owe no tax if their revenue is below the threshold, but they must still file reports.
What happens if you don’t file?
Failure to file can result in:
Loss of good standing
Forfeiture of your entity
Loss of liability protection
How does a registered agent help?
A registered agent helps ensure you:
Receive important compliance notices
Stay aware of deadlines
Avoid missing filings
Bottom line
Even if you owe no tax, Texas requires annual filings—missing them can put your business at risk.
Relay can file your company’s annual reports with the Texas Comptroller.
