Texas annual report
Texas LLCs file a Public Information Report (Form 05-102, filed with the franchise tax report) every year for $0. Due: May 15 each year (next business day if May 15 falls on a weekend or holiday).
| Entity | Report | Fee | How often | Due | If late |
|---|---|---|---|---|---|
| LLC | Public Information Report (Form 05-102, filed with the franchise tax report) | $0 | annual | May 15 each year (next business day if May 15 falls on a weekend or holiday) | $50 penalty on each report filed after the due date; failure to file the PIR can forfeit the right to transact business |
| Corporation | Public Information Report (Form 05-102, filed with the franchise tax report) | $0 | annual | May 15 each year (next business day if May 15 falls on a weekend or holiday) | $50 penalty on each report filed after the due date; failure to file the PIR can forfeit the right to transact business |
| Nonprofit | Periodic Report (only when requested by the Secretary of State) | — | none | No annual report; file a periodic report only when the Secretary of State sends a request | Failure to file a requested periodic report can lead to involuntary termination |
When the first one is due
- LLC: May 15 of the year after formation
- Corporation: May 15 of the year after formation
- Nonprofit: Only upon request from the Secretary of State
Taxes due on their own schedule
- Franchise tax (LLC, Corporation): $0 — No tax due if annualized total revenue is at or below $2.65M (2026 and 2027 reports); no No Tax Due Report required, only the PIR/OIR. Above the threshold, rate is 0.375% (retail/wholesale) or 0.75% of taxable margin
Checked 2026-10-20. Confirm on the Texas Secretary of State, Business & Public Filings Division site before filing.