Business Vantage Point Blog

Reporting requirements established by Pennsylvania’s Act 122 of 2022 began this year, mandating that most domestic and foreign business filing associations file with the Pennsylvania Department of State an annual report detailing certain information about the association. The new reporting obligation replaces the previous decennial report and contains substantially the same information.

What Entities Fall Under Act 122?

Beginning in calendar year 2025, entities required to file an annual report include:

• Domestic filing entities, including Pennsylvania business and nonprofit corporations, limited liability companies (LLCs), limited partnerships (LPs) and business trusts.
• Domestic limited liability (general) partnerships (LLPs).
• Domestic electing partnerships.
• Registered foreign associations.

What Information Should Be Reported?

The annual report requires business entities to provide the following information to the Pennsylvania Department of State:

• Entity name.
• Jurisdiction of formation.
• Registered office address.
• Principal office address.
• Name of at least one governor (director, member, partner, etc., depending on the type of association).
• Names and titles of the principal officers, if any.
• Entity number issued by the Pennsylvania Department of State.

When Is the Report Due?

The filing deadlines are based on the type of entity:

• Corporations (business and nonprofit, domestic and foreign registered): June 30.
• LLCs (domestic and foreign registered): September 30.
• Other domestic filing entities or foreign registered filing associations: December 31.

How Should the Report Be Filed?

The current filing fee is $7 for business corporations, LLCs, LPs and LLPs and certain other entities noted above. There is no fee for nonprofit corporations and LPs or LLCs with a not-for-profit purpose.

Penalties for failure to file annual reports will not be imposed on associations until the end of the 2026 calendar year. Beginning in 2027, failure to file six months after the due date of the annual report will subject associations to administrative dissolution, termination or cancellation, which could result in the loss of protection for the entity’s name.

The Department of State will notify entities via email (if provided) and postcard before the deadlines. Be sure your email is up to date on the Department of State site. In addition, the department website provides user-friendly instructions and a form of the annual report. The report (DSCB:15-146) should be filed online. For a more detailed guide, visit the Commonwealth of Pennsylvania’s Annual Reports in Pennsylvania site.