Indiana LLC Business Entity Report & Taxes (2026)

Q: How much is the Indiana Business Entity Report?

The Business Entity Report costs $32 when filed online through INBiz, or $50 when filed by mail on the paper State Form 48725. The report is due once every two years.

Q: When is the Indiana Business Entity Report due?

It is due every two years in the anniversary month of the LLC's formation. The first report is due about two years after the LLC is formed, and then every second year after that.

Q: What happens if I miss the Indiana Business Entity Report?

Indiana charges no separate late fee, but if the report is not delivered within 60 days after its due date, the Secretary of State can begin administrative dissolution under IC 23-0.5-6-3 after written notice and a 60-day cure window.

Q: Does the Business Entity Report include state taxes?

No. The Business Entity Report is a Secretary of State registry filing, not a tax return. Indiana income and sales taxes are handled separately through the Indiana Department of Revenue and INBiz.

Fact-checked by the LegalGlass editorial team against primary sources · Published Aug 6, 2026 · Last updated Aug 6, 2026

Indiana does not require an annual report. Instead, every Indiana LLC files a Business Entity Report (State Form 48725) every two years - $32 online through INBiz or $50 by mail - due in the anniversary month of formation. Missing it can trigger administrative dissolution under Indiana Code 23-0.5-6-3. Income and sales taxes are handled separately with the Department of Revenue.

Quick Answer

Report: Business Entity Report, State Form 48725 - biennial (every 2 years)
Fee: $32 online (INBiz) / $50 by mail (2026)
Due: Anniversary month of formation, every second year
Statute: Indiana Code 23-0.5-2-13
Miss it: Administrative dissolution after 60-day notice + 60-day cure (IC 23-0.5-6-3)
State income tax: Flat 2.95% individual rate (2026); LLC is pass-through by default

Indiana Has a Biennial Report, Not an Annual One

Many states call it an "annual report," but Indiana is different: it requires a Business Entity Report only once every two years. The biennial requirement is set by Indiana Code 23-0.5-2-13, which applies to domestic filing entities - including LLCs and corporations - and to registered foreign entities. The document itself is State Form 48725.

The report is a registry filing, not a tax return. It confirms current information with the Indiana Secretary of State: the LLC's principal office address, its registered agent and registered office, and its management or officer details. Because it is biennial, an Indiana LLC's ongoing state paperwork is lighter than in annual-report states. For where this fits in the overall process, see how to form an LLC in Indiana.

The word people search for is "annual report," and the answer for Indiana is that there is no annual report - the equivalent obligation is this biennial Business Entity Report. That difference is more than terminology. It means you file half as often as owners in annual-report states, and it means a single missed year does not exist as a concept in Indiana; the clock runs in two-year cycles keyed to your formation date. The requirement applies to every LLC on the register, regardless of size, revenue, or whether the business was active during the period. Even a dormant Indiana LLC that did no business must still file its Business Entity Report to stay in good standing, because the report keeps the state's public record of your entity current rather than measuring what you earned.

Cost and How to File the Business Entity Report

The Business Entity Report costs $32 when filed online through INBiz, the state's official portal, or $50 when filed by mail on the paper State Form 48725. Online filing is faster and cheaper. You log in to INBiz, confirm or update your entity details, and pay the fee by card.

Averaged out, that is roughly $16 per year for online filers - one of the lower ongoing state costs in the country. There is no separate franchise tax or registry renewal fee beyond this report. For the full cost picture, see Indiana LLC cost and the national how much an LLC costs guide.

Detail	Value
Form	Business Entity Report, State Form 48725
Frequency	Every 2 years (biennial)
Fee - online (INBiz)	$32
Fee - by mail	$50
Due date	Anniversary month of formation
Agency	Indiana Secretary of State

When the Report Is Due

The Business Entity Report is due in the anniversary month of the LLC's formation. The first report comes due roughly two years after formation, and then it repeats every second year. For example, an LLC formed in March files its first report about two years later in March, and every two years each March after that.

INBiz can send an email reminder if you register a contact address, but the legal duty to file on time rests with the LLC regardless of whether a reminder arrives. The simplest safeguard is to put the biennial anniversary-month deadline on your own calendar the day you form the company. Keep your registered agent current too, since the report confirms that agent on the public record.

Because the due date is tied to your formation month rather than a fixed calendar date shared by all businesses, two Indiana LLCs formed in different months will have different Business Entity Report deadlines. If you are unsure of your exact date, you can look up your entity's status and next-report information in the INBiz business search, which shows the filing history and current standing on the public record. Filing a few weeks early is fine and carries no penalty; there is no benefit to waiting until the last day of your anniversary month. Many owners simply file the report in the same session each cycle and move on, since the information rarely changes year to year unless the agent, address, or management has shifted.

What Happens If You Miss It

Indiana does not charge a separate monetary late fee for a missed Business Entity Report - but the enforcement consequence is more serious than a fee. Under IC 23-0.5-6-3, if the report is not delivered within 60 days after its due date, the Secretary of State has grounds to begin administrative dissolution of a domestic LLC (or revocation of authority for a foreign LLC).

The process includes a written notice identifying the problem and a further 60-day cure window to file the overdue report and pay the fee. If you do not cure, the LLC is administratively dissolved: it loses the right to carry on business except to wind up, and its name is no longer protected. A dissolved LLC can usually be reinstated by filing the reinstatement application, filing the overdue report, and paying the reinstatement fee - but avoiding the lapse is far simpler. If you have decided to close for good, follow how to dissolve an LLC in Indiana instead of letting it lapse.

The practical stakes of administrative dissolution reach beyond paperwork. While an LLC is dissolved, it can lose the exclusive right to its name, which another business could then claim, and it may be unable to bring or maintain a lawsuit in Indiana courts until it is reinstated. Banks and lenders that check your standing may pause on a dissolved entity, and the liability protection members rely on can be clouded if the business keeps operating as though nothing happened. None of this is triggered by a single day's delay - the statute builds in the 60-day-plus-notice runway precisely so an honest oversight can be fixed. But the cleanest path is never to enter that runway: file the $32 online report in your anniversary month and the entire enforcement chain never starts.

Indiana Income Tax on LLCs

The Business Entity Report is not a tax filing; Indiana taxes are handled separately. By default, an LLC is a pass-through entity, so its profits flow to the members and are taxed on their individual returns at Indiana's flat 2.95% adjusted gross income tax rate for 2026 - scheduled to fall to 2.90% in 2027 per the Indiana Department of Revenue - plus any applicable county income tax.

An LLC that elects to be taxed as a corporation may instead owe Indiana's corporate adjusted gross income tax at the entity level. Most small Indiana LLCs keep the default pass-through status. For federal classification, see the IRS LLC page, and compare entity tax choices in S-corp versus LLC.

It helps to keep three obligations mentally separate, because they run on different schedules and go to different agencies. The Business Entity Report is biennial and goes to the Secretary of State. Income tax is annual and goes to the Department of Revenue (and the IRS), reported on the members' returns for a default LLC. Sales tax, if you collect it, is filed on the frequency the Department assigns - often monthly. A common mistake is assuming the biennial report "covers" taxes; it does not. Filing the report keeps your entity registered, but it says nothing to the tax authorities about income earned or sales made. You can read the federal side of pass-through treatment in the IRS single-member LLC guidance, which explains how a one-owner LLC's profit is reported on the owner's return by default.

Sales Tax and the Registered Retail Merchant Certificate

If your LLC sells taxable goods or certain services, it collects Indiana's 7% sales tax and must hold a Registered Retail Merchant Certificate (RRMC) from the Indiana Department of Revenue, per the Department of Revenue sales tax page. You register for the RRMC through INBiz. Once you are current on returns and have no outstanding liabilities, the RRMC renews automatically at no extra cost.

Sales tax returns are filed on the schedule the Department of Revenue assigns (monthly or otherwise), separate from the biennial Business Entity Report. Employers also register for withholding accounts through INBiz. For the full permit picture, see how to get a business license in Indiana.

Indiana LLC Compliance Checklist

File the Business Entity Report (State Form 48725) every two years in your anniversary month - $32 online.
Keep a valid registered agent and registered office at all times (IC 23-0.5-4-1).
File and pay Indiana income tax at the flat 2.95% rate (2026) on pass-through profits, plus county tax.
Collect and remit 7% sales tax if you hold an RRMC.
Maintain a federal EIN and file the correct federal return for your classification.
Close accounts and file Articles of Dissolution when you stop operating.

Treating this checklist as a recurring routine - rather than a one-time setup - is what keeps an Indiana LLC trouble-free. The biennial Business Entity Report and the annual income tax filing are the two deadlines that recur no matter what, so anchor your calendar to them. Everything else on the list is event-driven: you act on sales tax when you make taxable sales, on withholding when you hire, and on dissolution when you decide to close. An owner who keeps those triggers in mind rarely faces a surprise from the state, because the obligations are predictable once you know which ones apply to your business.

Frequently Asked Questions

Does Indiana have an annual report for LLCs?

No. Indiana requires a Business Entity Report every two years, not annually. It is due in the LLC's anniversary month and costs $32 online through INBiz or $50 by mail, under IC 23-0.5-2-13.

How much is the Indiana Business Entity Report?

$32 filed online through INBiz, or $50 filed by mail on paper State Form 48725. The report is due once every two years.

When is the Indiana Business Entity Report due?

Every two years in the anniversary month of formation. The first report is due about two years after the LLC is formed, then every second year after that.

What happens if I miss the Indiana Business Entity Report?

There is no separate late fee, but if it is not filed within 60 days after the due date, the Secretary of State can begin administrative dissolution under IC 23-0.5-6-3 after notice and a 60-day cure window.

Does the Business Entity Report include state taxes?

No. It is a Secretary of State registry filing, not a tax return. Indiana income and sales taxes are handled separately through the Indiana Department of Revenue and INBiz.

Sources

Indiana Code - IC 23-0.5-2-13 (biennial Business Entity Report).
Indiana Code - IC 23-0.5-6-3 (administrative dissolution for failure to file).
Indiana Code - IC 23-0.5-4-1 (registered agent requirement).
INBiz (Indiana's official business portal) - Business Filings (file the report online, $32).
Indiana Secretary of State - Business Forms (Business Entity Report, State Form 48725).
INBiz - Fee Calculator (current filing fees).
Indiana Department of Revenue - Rates, Fees & Penalties (2.95% individual rate for 2026).
Indiana Department of Revenue - Sales Tax (7% rate; RRMC auto-renewal).
IRS - Limited Liability Company (LLC) (federal classification).
IRS - Single-Member Limited Liability Companies (default disregarded-entity treatment).
Indiana Secretary of State - Business Services Division (Business Entity Report filing and standing).
Indiana Secretary of State - HB 1593 and HB 1666 Filing Process Changes (early biennial filing window).

LegalGlass provides general information for educational purposes and is not a law firm or a substitute for advice from a licensed attorney or tax professional. Laws, fees, and thresholds change; verify current requirements with the Indiana Secretary of State and Indiana Department of Revenue before acting.