Texas Annual Report Filing: Due Date, Fee & How to File

Business owners who move to Texas from another state often go hunting for the annual report filing and come up empty. There is a good reason for that, and it is worth understanding before your first May rolls around. This page walks through what Texas actually requires each year, when it is due, what it charges, and exactly how to file.

Does Texas Require an Annual Report?

No. A for-profit Texas LLC or corporation never files an annual report with the Texas Secretary of State, because the state does not have one. That does not mean you are off the hook. Texas moved the yearly paperwork to a different agency entirely, the Texas Comptroller of Public Accounts, and every year your company owes the Comptroller two filings that travel together:

The Franchise Tax Report This calculates whether your business owes Texas franchise tax for the year, based on revenue and margin. Most small companies owe nothing, and Texas has no state income tax either, but the reporting obligation stands regardless of what you owe.

The Public Information Report (Form 05-102) Known as the PIR, this filing refreshes the state's picture of your company: who governs it, where it operates, and which entities it owns or is owned by. It is submitted alongside the franchise tax report.

Skip these and the consequences run through the Texas Tax Code rather than the business statutes, and they end with the loss of your company. The penalty schedule is covered further down.

When the Texas Franchise Tax Report and PIR Are Due

Both filings are due by May 15 each year. The filing window opens on January 1 of the report year, which gives you about four and a half months to take care of it. The obligation comes from Tex. Tax Code § 171.203 and the Comptroller's rule at 34 Tex. Admin. Code § 3.582.

Put May 15 on the calendar for every year your company exists. As our client, you will also hear from us ahead of the deadline.

The Texas Annual Report Fee: $0

Because there is no Secretary of State annual report, there is no annual report fee. Filing the PIR itself is free. What your company might owe is franchise tax, and that depends entirely on revenue:

At or below the no-tax-due threshold If annualized total revenue comes in at or below $2.47 million (report years 2024 and 2025) or $2.65 million (the 2026 report year), you owe zero franchise tax. You still file the PIR.

The No Tax Due Report is gone Texas discontinued the standalone No Tax Due Report (Form 05-163) beginning with 2024 reports. Companies under the threshold no longer file it, but the PIR remains mandatory for them.

Above the threshold Franchise tax is calculated on your margin, using the Long Form (Form 05-158) or the EZ Computation (Form 05-169). The Comptroller publishes the current filing requirements for each report year.

How to File the Texas Franchise Tax Report and PIR

1. Collect your company's Texas taxpayer number and its Secretary of State file number.
2. Work out your annualized total revenue for the period, which determines whether any franchise tax is actually owed.
3. Update everything the PIR asks for: governing persons, principal office, principal place of business, and any 10 percent ownership relationships.
4. File both reports electronically through the Comptroller's Webfile system, reachable from the franchise tax portal, or mail a signed Form 05-102 to the Texas Comptroller of Public Accounts, P.O. Box 149348, Austin, TX 78714-9348.
5. Save the confirmation with your company records so you can show the filing happened on time.

What Goes on the Public Information Report

The PIR is a disclosure document, and it is public. Section A lists your officers, directors, members, or managers along with titles and mailing addresses. Section B lists entities your company owns 10 percent or more of. Section C lists entities that own 10 percent or more of your company. Anyone can look this information up through the Comptroller's Taxable Entity Search.

One detail trips people up every year: the PIR displays your registered agent information, but you cannot change your agent on it. That section is informational only. Agent changes are a separate Secretary of State filing, and our change of agent guide covers the process, including Form 401 and its $15 fee.

Late Filing Penalties and Forfeiture in Texas

Miss May 15 and the charges begin immediately:

$50 late filing penalty Texas assesses a flat $50 penalty for a late report.

Percentage penalties on tax owed If franchise tax is due and you pay it 1 to 30 days late, add 5 percent of the tax due. Go past 30 days and another 5 percent stacks on top.

Forfeiture Keep ignoring the filings and Tex. Tax Code §§ 171.251 through 171.255 take over. The state first forfeits your company's corporate privileges, and ultimately the certificate of formation itself (or the registration, for out-of-state companies). At that point there is no Texas entity left to protect you.

How We Fit Into Your Compliance Picture

We are a registered agent service, not a tax preparer, so the franchise tax numbers stay with you or your accountant. What we do handle:

Deadline reminders We alert you before May 15 so the Comptroller filing never sneaks up on you.

Same-day handling of state notices Anything the Comptroller or the Secretary of State sends to your registered agent address gets scanned and posted to your portal the day it arrives.

Stable registered agent details on your PIR When our information is on file, the agent portion of your paperwork stays the same year after year. Nothing to update unless you switch providers.

A private address on a public form The PIR is searchable by anyone. With our address in the registered agent field, your home address stays out of that picture.

Keep Your Texas Company in Good Standing

Texas keeps the yearly routine inexpensive: no annual report fee, no state income tax, and no franchise tax for companies under the revenue threshold. The trap is forgetting the Comptroller filing entirely. For $99 per year we give you a compliant registered office, same-day document scanning, and the reminders that keep May 15 from becoming an expensive surprise.