What is the BOI reporting requirement for LLCs in North Carolina?
North Carolina does not impose a state-level Beneficial Ownership Information (BOI) reporting requirement for LLCs. However, LLCs may be subject to federal BOI reporting under the Corporate Transparency Act, administered by FinCEN. North Carolina requires all LLCs to file an Annual Report by April 15 each year under N.C.G.S. § 57D-2-24, which costs $203 and must include principal officials' names, registered agent information, and office addresses.
Federal vs. State Requirements
The BOI reporting obligation is a federal requirement, not a North Carolina state requirement. If your LLC meets FinCEN's applicability threshold, you must report beneficial ownership information to the federal government—not to North Carolina. Consult FinCEN's guidance or a tax professional to determine whether your LLC is subject to federal BOI reporting.
North Carolina Annual Report Obligation
Every North Carolina LLC must file an Annual Report with the Secretary of State by April 15 each year following formation (N.C.G.S. § 57D-2-24). The filing fee is $203.00. Online filing is available at https://www.sosnc.gov/online_filing/filing/creation.
Required Information:
- LLC name and report year
- Principal office street and mailing address
- Registered office address and county
- Registered agent name and email address
- Names, titles, and business addresses of principal company officials
Penalties for Non-Filing
Failure to file the Annual Report by the April 15 deadline triggers a 60-day grace period. If not filed within 60 days, the North Carolina Secretary of State may administratively dissolve or revoke the LLC under N.C.G.S. § 57D-6-06.
Reinstatement requires:
- Application for Reinstatement Following Administrative Dissolution
- $100 reinstatement fee
- All delinquent annual report fees ($203 per year)
- Cure of all grounds for dissolution
Contact Information
North Carolina Secretary of State, Business Registration Division:
- Phone: (919) 814-5400
- Website: https://www.sosnc.gov/divisions/business_registration
- Online Filing: https://www.sosnc.gov/online_filing/filing/creation
For federal BOI questions, contact FinCEN directly at fincen.gov.
This is general information, not legal advice.