Tennessee Annual Report Requirements

Tennessee charges a flat $300 per year for annual reports — one of the higher annual fees among U.S. states. Missing the deadline triggers late penalties and can eventually lead to administrative dissolution. Here is what you need to know.

The Numbers

The shift to a flat $300 simplifies things. Whether you have one member or fifty, the cost is the same.

What Gets Filed

An annual report in Tennessee is an administrative update confirming:

• Business name and entity type
• Registered agent name and Tennessee address
• Principal office address
• Names and addresses of members/managers (LLCs) or officers/directors (corporations)
• Mailing address if different from principal office

Not a financial statement. Not a tax return. Just a confirmation that your state records are current.

Tennessee's Other Business Taxes

The annual report is just one piece of Tennessee's compliance stack:

Franchise Tax: $0.25 per $100 of net worth, minimum $100. Filed annually.

Excise Tax: 6.5% of net earnings apportioned to Tennessee. Filed annually.

These have separate filing deadlines from the annual report. Your registered agent address receives related notices from the Department of Revenue.

No state income tax on wages. Tennessee does not tax personal earned income — a significant offset for LLC owners who take distributions rather than a salary.

Consequences of Missing the Deadline

Late penalties. Additional fees applied on top of the $300 base.

Loss of good standing. Impacts your ability to open bank accounts, sign contracts, or maintain professional licenses.

Administrative dissolution. The Secretary of State can dissolve your entity. You lose liability protection and must reinstate (additional fees and paperwork) to restore it.

Missed legal documents. If your registered agent situation also lapsed, you might miss critical notices — compounding the problem.

How We Help

We do not file your annual report. That is your responsibility (or your CPA's). What we provide:

• Deadline reminders well before your report is due
• Same-day forwarding of any Secretary of State notices, including delinquency warnings
• Tax-related alerts for franchise and excise tax filing periods
• Stable agent address so your annual report data stays consistent year over year
• Document portal where you can reference all past state correspondence

At $300 per filing, you do not want to compound the cost with late fees because a reminder never reached you.

Tips

• File online at sos.tn.gov for fastest processing
• File early in your window rather than waiting until the deadline
• Confirm your registered agent details are correct before submitting
• Budget for the $300 annually — it is a fixed cost now

Coverage for $99/Year

Tennessee Registered Agent.co keeps you informed about your annual report deadline, forwards all state correspondence the same day, and stores everything in your portal. $99/year for the agent service alongside your $300 state obligation keeps total annual compliance costs predictable.