Registered Agents play a crucial role in helping companies maintain compliance. They act as a liaison between the company and the state, receiving important legal and tax documents on behalf of the company. This ensures that the company is always aware of its obligations and helps to prevent any lapses in compliance.
Annual reports are required by many states and serve as a way for companies to update or confirm their information on the state's records. Companies typically include details such as their name, registered office address, registered agent details, and information about directors and officers. Submitting these reports is crucial for maintaining compliance as failure to do so can result in penalties or even dissolution of the company.
For companies registered in DE, the due date for filing annual reports is March 1.
For companies registered in CA, the due date for filing annual reports is the last day of the anniversary month of incorporation.
The company’s Finance Team will monitor compliance deadlines and file annual reports for the company directly. Decline annual report filing offers from the registered agent service provider.
The Accounting team is responsible for managing the ongoing compliance obligations related to annual report filings and registered agent (RA) renewals across all entities (OCV LLC, fund entities, and OCV companies).