Texas LLC Annual Report: Due Date, Fee and Late Penalty

Texas LLC franchise tax report rules at a glance

State fees verified October 2026 and set by the state, not by us. Deadlines, penalties and dissolution rules are Texas's, read from its statutes and the pages of the Texas Comptroller of Public Accounts; the statutes are cited in the text.

How Texas's franchise tax report works

Texas has no annual report at the Secretary of State. The yearly filing is the Public Information Report (PIR), filed with the Comptroller of Public Accounts as part of the franchise tax report, due May 15 each year through the Comptroller's WebFile system (an account is required). Even an LLC that owes no tax must file the PIR.

There is no fee for the report itself. Since the 2024 report year an LLC with annualized revenue at or below the no-tax-due threshold ($2.65 million for the 2026 and 2027 report years) no longer files a No Tax Due Report at all; it files only the PIR. LLCs above the threshold file the full franchise tax report and pay the tax.

The PIR lists the LLC's principal office and place of business, the names, titles and addresses of each officer, director, member, general partner or manager, and the registered agent and office, and it must be signed by an officer, director or other authorized person. The Secretary of State's record of the agent is updated from it.

Who files it and what the form asks

Every Texas LLC on the state's active record owes the franchise tax report for each report year, whether or not it did any business; an LLC that has stopped trading still owes it until it files articles of dissolution. A member, manager or someone they authorize signs it, and in practice the owner, the registered agent or the company's accountant files it.

The form confirms what the state already holds: the principal office and mailing address, the registered agent and registered office, and the people who run the LLC, with the Texas-specific fields described above. What matters is that anything that changed during the year is corrected here, because the state sends its notices, including the next year's reminder, to the addresses on the report.

Changing the registered agent is best treated as a separate filing in Texas: the franchise tax report confirms the agent on record, and the state's statement of change names the new one. Owners who switch agents usually file the change first so the report shows the right agent. We can make the switch for you, and the Texas registered agent rules cover who may serve. Every state's change form and fee is in how to change a registered agent.

When the Texas franchise tax report is due

Texas uses one date for every LLC: May 15, every year. The state starts accepting the report on January 1, so the filing window runs from then to the due date, and filing in the first weeks of it is the simplest way never to meet the penalty.

There is no grace period: the day after the due date the report is late. Texas keeps accepting that year's report through December 31 of the report year; after that the consequences below take over.

Your first franchise tax report

The first franchise tax report is due May 15 of the year after the LLC was formed: formed any time in 2026, first report by May 15, 2027. Nothing is owed in the formation year itself.

The state fee and the late penalty

No fee for the PIR (franchise tax only above the no-tax-due threshold). The report is still required, and the consequences of missing it are the same as in a state that charges: the fee was never the point of the filing.

The late penalty in Texas: none on a late PIR for a no-tax-due LLC; $50 per late report plus 5% to 10% of unpaid tax when franchise tax is owed. The state's response to a missed report is otherwise the status change and dissolution process described next.

If you missed the Texas franchise tax report

The Comptroller charges no penalty on a late PIR from a no-tax-due LLC; an LLC that owes franchise tax pays a $50 late report penalty plus 5% of the unpaid tax, rising to 10% after 30 days, with interest. If reports stay unfiled 45 days after the Comptroller's notice, the Comptroller forfeits the LLC's right to transact business, and the Secretary of State forfeits the charter about 120 days after that. Reinstatement is the Secretary of State's Form 801 at $75 in state fees, filed after every overdue report is in and the Comptroller has issued a tax clearance letter; for a PIR-only LLC the state total is $75.

The ladder is the same everywhere: a late fee where the state has one, then loss of good standing (which blocks a certificate of good standing and the loans, contracts and registrations that need one), then administrative dissolution or revocation, then reinstatement. Our guide to reinstating a dissolved LLC walks through the steps and the state fees in every state, and we file reinstatements. Until the LLC is dissolved, the cheapest fix is almost always to file the report now.

Before you file the Texas franchise tax report

The filing itself takes minutes once the details are to hand; most of the time lost on a franchise tax report is spent hunting for them. Have ready:

• The LLC's Texas file or entity number, as it appears on the articles or on the Texas Comptroller of Public Accounts business search; the Texas Comptroller of Public Accounts requires an online account tied to the record, so set that up before the deadline week.
• The registered agent's current name and Texas street address; if the agent has changed, file the change first.
• The principal office and mailing address as they should read for the coming year.
• The names and addresses the Texas form asks for (above), spelled as the state has them.
• No payment: the report is free, but it still has to be submitted.
• The signer's name and capacity: member, manager or authorized person.

Save the state's confirmation when it arrives. It is the proof of filing a bank, a lender or a buyer will ask for, and the date on it is the date the state goes by.

How Texas compares with its neighbors

Texas's franchise tax report is due May 15, with no state fee. Next door:

• New Mexico: no LLC annual report at all.
• Oklahoma: an annual certificate due the anniversary date of formation ($25 state fee, no late fee).
• Arkansas: an annual franchise tax report due May 1 ($150 state fee, no late fee).
• Louisiana: an annual report due the anniversary date of formation ($35 state fee, no late fee).

An LLC registered to do business in more than one of these states owes each state's report on each state's calendar; the formation state's filing never covers a foreign registration, and the due dates rarely line up.