Indiana Business Entity Report: Fee, Due Date and What Happens If You Miss It
Indiana Business Entity Report: Fee, Due Date and What Happens If You Miss It
If you own an Indiana LLC or corporation, you will file a Business Entity Report every two years with the Indiana Secretary of State. Many owners search for it as the indiana biennial report or the indiana llc annual report. Indiana does not require an annual filing. The Business Entity Report is due every other year, and these search terms all point to the same filing. This guide covers the fee, how to find your exact due date, what the state does if the report goes unpaid, and what it takes to get a dissolved business back.
This article is informational only. It is not legal or tax advice. Talk to a qualified Indiana business attorney or CPA before acting on it, especially if your entity has multiple owners, a pending dissolution, a name dispute, or tax questions.
What the Business Entity Report Is
The Business Entity Report is the periodic filing that keeps your entity in good standing with the Indiana Secretary of State, Business Services Division. You file it online through INBiz at inbiz.in.gov. The requirement applies to Indiana corporations and LLCs, and it also applies to foreign entities registered to do business in Indiana.
The report is a Secretary of State filing, not a tax return. Indiana has no franchise tax. An LLC's income passes through to its owners, who pay the individual adjusted gross income tax (2.95% for 2026) plus their county local income tax. An LLC that elects corporate treatment pays the 4.9% corporate adjusted gross income tax instead. The report fee does not replace any of those tax obligations, so keep your tax filings on their own calendar.
Indiana Business Entity Report Fee
The fee depends on whether the entity is for-profit or nonprofit and whether you file online or on paper. These are the figures from the INBiz Business Entity Report page:
| Entity type | Filed online through INBiz | Filed on paper |
|---|---|---|
| For-profit (LLC or corporation) | $32 | $50 (State Form 48725) |
| Nonprofit corporation | $22 | $20 |
INBiz adds a card processing fee to online payments. That amount is not included in the figures above, so check the total on INBiz before you pay. For a for-profit entity, filing online costs $18 less than filing on paper.
Indiana Business Entity Report Due Date
The due date is tied to your entity's formation, not to the calendar year. Indiana's first Business Entity Report is due two years after the business is formed or registered. After that, it is due every other year.
INBiz states that the report is due on the month and day the business was formed or registered. In practice, your due date is your formation anniversary. For a foreign entity, the date is tied to its Indiana registration. Do not assume a December or year-end deadline because your tax forms have one.
To find your exact date, search your entity on the Secretary of State Business Search and open its Business Details page. Put that date on your calendar as soon as you confirm it.
Example: An LLC formed on March 15, 2024 has its first Business Entity Report due March 15, 2026. The next one is due March 15, 2028, and the cycle continues every two years from there. The date on that entity's Business Details page is the one to rely on, so confirm it for your own company.
How to File the Business Entity Report
- Confirm your due date on the Business Details page of the Secretary of State Business Search.
- Go to INBiz and file the Business Entity Report for your entity.
- Review the information the filing shows, including the registered agent and registered office. A change to the registered agent's contact information is a separate filing, so make that update on its own rather than assuming the report handles it.
- Pay the filing fee plus the card processing fee INBiz displays.
- Save the confirmation and the filing record in your company file.
What Happens If You Miss the Due Date
INBiz does not list a late fee amount for the Business Entity Report, so do not plan around a specific penalty. Confirm current late-filing terms with the Secretary of State before you file. The bigger risk is the notice sequence and what follows it.
- Past Due Notice. If the report is not paid by the due date, the state sends a Past Due Notice to the business email on file and to the registered agent email.
- Pending Administrative Dissolution notice. If the report is still unpaid, the next notice states that administrative dissolution is pending.
- Final dissolution postcard. This is the last notice before the entity is dissolved.
Non-filing leads to administrative dissolution for Indiana entities. For foreign entities registered in Indiana, the consequence is revocation. Both end the entity's ability to operate as a going concern in the state.
The notices go to the business email and the registered agent email, so keep both addresses current. The state sends them whether or not anyone reads them, so someone at the company needs to watch those inboxes.
What a dissolved entity can and cannot do
A dissolved entity may only apply for reinstatement or wind up its affairs. In practical terms, you cannot keep operating under that entity while it is dissolved. Two consequences tend to matter most:
- Your name is at risk. Business name and assumed name rights are protected for only 120 days after dissolution or revocation. After that window closes, the name may become available to someone else.
- Reinstatement takes time. The steps and timing are covered in the next section.
Reinstating a Dissolved or Revoked Entity
Reinstatement starts with a tax clearance from the Indiana Department of Revenue. INBiz says that clearance can take 4 to 6 weeks, so getting back in good standing takes longer than filing the report itself. If you need the entity for a contract, a bank account, or a loan, start as soon as you learn it has been dissolved.
If the entity was dissolved more than 5 years ago, you can seek reinstatement only by paper filing. This guide does not list reinstatement filing fees or paper processing times, so confirm both with the Secretary of State before you send anything.
Common Questions
Is the Business Entity Report the same as an annual report?
Indiana calls it the Business Entity Report, and it is biennial. The terms indiana llc annual report and indiana biennial report are common search phrases for the same filing. Use the Business Details page for your date, not a generic annual reminder.
Do I still have to file if my LLC is inactive?
The state lists the Business Entity Report as required for LLCs and corporations, and this guide does not identify any exemption based on income or activity. Confirm with the Secretary of State or a CPA before you assume an inactive entity can skip the report.
What if my registered agent has changed?
Update the registered agent's contact information through its separate filing. Note that the registered agent must be maintained in Indiana at all times, and a business cannot act as its own registered agent. Since the Past Due Notice goes to the registered agent's email, a stale agent address can cause you to miss the notice.
Where to Confirm Details
- Indiana Secretary of State, Business Services Division: https://www.in.gov/sos/business/
- INBiz online filing: https://inbiz.in.gov/
- Secretary of State Business Search: https://bsd.sos.in.gov/publicbusinesssearch
- Indiana Department of Revenue: https://www.in.gov/dor/
- Indiana Small Business Development Center, for general planning help: https://isbdc.org/
Disclaimer and When to Get Professional Help
This article is general information about Indiana filing requirements. It is not legal or tax advice, and it does not create an attorney-client or accountant-client relationship. Fees, notice practices, and processing times can change, so confirm each figure with the agency before you act.
Talk to a qualified Indiana business attorney about dissolution, reinstatement strategy, name disputes, or ownership changes that happen around a missed filing. Talk to a CPA about tax questions, including the tax clearance needed for reinstatement and how the entity's tax treatment affects your personal return.