What is the process for filing annual reports for a business?

The process for filing annual reports for a business in North Carolina involves submitting the required information online through the Secretary of State's website. Business owners need to provide details such as the entity name, address, registered agent information, and any changes to the business structure. The annual report must be filed by the deadline specified by the Secretary of State to avoid penalties or potential dissolution of the business entity. It is important to keep accurate records and stay up to date with filing requirements to remain compliant and in good standing with the state.