Indiana doesn't ask for an "annual" report. Instead, the Secretary of State calls it a Business Entity Report, and you submit it just once every two years in your company's anniversary month. This biennial schedule can throw you off if your business also operates in states that require yearly updates, such as Florida's Sunbiz annual report.
The report updates key entity information on record with the Secretary of State, including addresses and governing persons or registered agent details, depending on entity type. Biennial reporting requirements fall under IC § 23-0.5-2-13, which governs biennial reports from domestic filing entities and registered foreign entities under Indiana's Uniform Business Organizations Code.
Filing helps keep your entity in active status and avoids administrative dissolution (for domestic entities) or revocation (for foreign entities), which limits business activities primarily to winding up and reinstatement.
If you've registered a business in Indiana, you likely owe a biennial Business Entity Report to the Secretary of State. The INBiz portal states that every business is required to file; more precisely, the requirement applies to every domestic filing entity or registered foreign entity under IC § 23-0.5-2-13, which covers corporations, LLCs, LPs, LLPs, benefit corporations, and similar registered entities.
Public utilities follow their own rules, filing specialized annual reports with the Indiana Utility Regulatory Commission, a requirement outlined on the IURC's electricity industry filing page.
The exemptions are simple. Unregistered sole proprietorships and general partnerships that never filed formation papers with the Secretary of State don't need a Business Entity Report. Series entities are also exempt per the State Form 48725 instructions, which state: "Series do not file Business Entity Reports." Entities formally dissolved or withdrawn from Indiana's rolls have no further reporting duties.
As for who submits the filing, Indiana gives you options. You can handle it yourself as an owner, officer, director, or LLC member. Many businesses delegate to their registered agent, attorney, or accountant. Third-party compliance services work, too, as long as the signer has authorization.
Indiana makes online filing easy, and paper filing a bit of a hassle. Filing through the Secretary of State's INBiz portal is the obvious choice.
For paper filing:
Your filing deadline boils down to one key concept: your anniversary month. Businesses in Indiana must submit their Business Entity Report by the end of their anniversary month, when the entity was initially registered or formed.
Since Indiana uses a biennial cycle, your first due date comes two years after your company's official formation or registration. If your business was registered on March 15, 2022, your initial report must be filed by March 31, 2024.
Under HB 1593 (effective January 1, 2026), the Secretary of State now accepts biennial reports during the 90 days before the month in which the report is due, giving you an early filing window. Additional return-and-cure provisions were enacted as part of HB 1593; details are on the Indiana SOS HB 1593 page.
Here's a quick breakdown of filing schedules by entity type:
Indiana keeps Business Entity Report fees reasonable, with costs tied to your entity type and filing method. The table below reflects fees as currently posted; confirm current amounts directly on the INBiz portal before filing.
Note that nonprofit corporations actually pay slightly more online ($22) than by paper ($20). Payment processing surcharges may apply for online payments; check the INBiz fee calculator for the current surcharge amount at the time of filing.
Payment is simple regardless of the filing method. Online filings accept major credit or debit cards and electronic checks. When mailing, include a check or money order payable to "Secretary of State."
Every entity needs these basics:
These fields appear on every report version, whether online or by mail. The questions then vary by entity type, per the State Form 48725 instructions:
Healthcare entities should also note that HB 1666 introduced ownership disclosure requirements for certain "health care entities" in Indiana. Multi-entity healthcare organizations should review the Indiana SOS HB 1593 and HB 1666 page to determine whether any Indiana-registered entities are subject to this new requirement and what information must be reported.
Since Indiana makes these reports public record, accuracy counts. Rejections typically occur only for substantial issues, but it's still wise to avoid common mistakes, such as incomplete addresses, unsigned forms, incorrect fee amounts, or outdated information.
Skip Indiana's Business Entity Report, and the state starts a countdown to erasing your legal existence. Indiana gives you a limited window, but once that clock runs out, the damage can be swift and costly to fix. Importantly, Indiana imposes no monetary late fees for overdue filings; the consequence is administrative dissolution or revocation, per the INBiz administrative dissolution page.
Under IC § 23-0.5-6-1, failure to deliver a biennial report is grounds for administrative dissolution. Once those grounds are established, the Secretary of State issues written notice under IC § 23-0.5-6-2, and the entity has an opportunity to cure the deficiency before a Certificate of Administrative Dissolution is signed. Consult the current statute for the precise notice and cure periods.
After administrative dissolution, your entity loses good standing. This blocks your ability to file lawsuits in Indiana courts and may restrict business operations.
Reinstatement requires filing an application under IC § 23-0.5-6-3, along with a tax clearance from the Indiana Department of State Revenue and all back-owed BER filing fees plus a reinstatement fee. The DOR clearance process can take several weeks. Until the Secretary of State processes that package, you remain legally sidelined. Filing on time costs much less than fighting your way back from dissolution. Consult the SOS reinstatement instructions for current fee amounts and deadlines, as these are subject to change.
Discern automatically tracks each of your entities' biennial deadlines and maps anniversary months across your entire portfolio. Our platform provides registered agent services across all 51 jurisdictions, automates annual report filings, and handles entity formations and foreign registrations so you never miss a filing or risk administrative dissolution.
For firms managing complex entity structures, such as private equity portfolios with 200+ state registrations or fund management companies with dozens of LP and LLC entities, Discern's automated filing system pre-fills forms using centralized data and completes most filings in seconds. Entity-specific payment management and real-time compliance visibility eliminate the administrative burden of tracking biennial deadlines across multiple Indiana-registered entities.
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Is the Indiana Business Entity Report really biennial, not annual?
Yes. Every domestic filing entity and registered foreign entity under Indiana law — including corporations, LLCs, LPs, LLPs, and benefit corporations — files every other year during its anniversary month. Indiana even calls it a "Business Entity Report" to highlight that difference.
Can I file my report early?
Absolutely. Under IC § 23-0.5-2-13, the Secretary of State accepts submissions up to 90 days before your due month, so you don't have to wait until the last day of your anniversary month.
What if my information changes after filing?
You'll need a separate update filing for material changes, such as appointing a new registered agent. Handle changes right away so mailed notices and legal service reach the right place.
Is there any extension if I need more time?
No. Indiana offers no formal extensions. Once your anniversary month passes, grounds for administrative dissolution arise under IC § 23-0.5-6-1, after which the Secretary of State issues written notice under IC § 23-0.5-6-2 and provides an opportunity to cure before a dissolution certificate is signed. Consult the current statute for precise cure period timelines.
How do I confirm my company is still in good standing?
Search your business name in Indiana's public database. "Active" status means you're current. Anything else signals an overdue filing.
Do limited partnerships need to file?
Yes. LPs (both domestic and foreign) are required to file the biennial Business Entity Report. Per the State Form 48725 instructions, LPs complete Articles I through V and Article VIII of the report. Article VI (governing person information) does not apply to LPs. Online filing fees are the same as for other for-profit entities.
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