Fernway

Tennessee LLC deadlines: Annual report and Franchise tax (FAE170)

Annual report

Due
Due the first day of the fourth month after fiscal-year close - April 1 for calendar-year LLCs.
First one
First due the year after formation, on the same fiscal-relative schedule.
Fee
Depends on member count - $300 covers up to six members, plus $50 for each member above six, up to $3,000.
Frequency
Annual

If it is late

Tennessee charges no late fee. The Secretary of State may start dissolving the LLC once the report is two months past due, and you then have two months from its notice to cure.

File on Tennessee's site

Franchise tax (FAE170)

Due
Due the 15th day of the fourth month after fiscal-year close - April 15 for calendar-year LLCs.
First one
First due the year after formation.
Fee
0.25 percent of Tennessee net worth, with a $100 minimum owed by every registered LLC regardless of income or activity.
Frequency
Annual

If it is late

Tennessee adds 5 percent of the unpaid tax for each 30 days it stays unpaid, capped at 25 percent with a $15 minimum, plus interest.

File on TNTAP

Own a Tennessee corporation instead? See corporation deadlines

Never miss a Tennessee deadline

Fernway keeps every entity you own on one calendar and reminds you before each state deadline.

Get Started Free

LLC deadlines in other states