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what is an annual report all right uh first off disclaimer i am not your attorney i am not your cpa im just providing general education on topics that are publicly available uh anywhere on the internet um i just seen one person explaining it but there are tons of different options you can choose from to get this publicly available information uh so its not special its not advice or anything like that um so what is an annual report now we already have a video about what state compliance is so definitely check out that video its a longer video um because it goes into more detail but this is kind of a tack on to that just in case someone asks the question of what an annual report is versus what state compliance is theyre the same thing so were not going to go into depth here but an annual report is really something that is required because of state compliance state compliance is something that every state requires of you they require that you check in on a regular basis uh usually