Vermont Corporation Annual Report
By Edmond Hui · Facts verified July 29, 2026 against primary state sources
Filing for an LLC instead? See the Vermont LLC annual report.

What Vermont requires
Annual Report
| Frequency | every year |
| Due | Annually; a domestic for-profit corporation must file within 2.5 months after the close of its fiscal year (by March 15 for calendar-year corporations), per VT SOS. (Foreign business corporation annual report fee is $250.) |
| Fee | $60 |
| Form | Annual Report, filed through the VT SOS Online Business Service Center; no numeric form code. |
Vermont is one of 41 states on an annual corporate reporting cycle. Nationally, 41 states require an annual corporate report, 7 require one every two years, and 2 require none.
What the filings cost over five years
State filing charges only, incorporation plus five years of reporting, annualized. Corporate income tax and franchise tax are excluded, because both depend on income or net worth.
| Period | State filing charges |
|---|---|
| Incorporation | $155 |
| Each year after (report, annualized) | $60 |
| Five-year equivalent (annualized) | $455 |
That ranks Vermont 34th cheapest of 49 states on five-year corporate filing charges.
Vermont corporation vs Vermont LLC
State filing charges only. Corporate income tax and franchise tax are excluded because both depend on income or net worth, so no flat figure exists for either entity.
| Corporation | LLC | |
|---|---|---|
| Formation filing fee | $155 | $155 |
| Report cadence | Every year | Every year |
| Report fee | $60 | $45 |
| Entity-level tax on the LLC side | N/A | Minimum Business Entity Tax |
Both entities cost $155 to file in Vermont, so the filing fee is not a reason to pick one over the other.
Full Vermont LLC cost breakdown · LLC vs C-corp explained · LLC vs S-corp explained
State taxes a Vermont corporation pays
Corporate income tax
| Applies | Yes |
| Rate | Graduated (tax year 2024/2025): 6.00% on Vermont taxable income $0-$10,000; $600 + 7.00% of the excess over $10,000 for $10,001-$25,000; $1,650 + 8.50% of the excess over $25,000 for $25,001 and above. |
| Minimum tax | $100 |
Franchise or gross-receipts tax
Vermont has no separate corporate franchise tax. Instead, all active C corporations owe a minimum corporate income tax that scales with Vermont gross receipts: less than $500K = $100; $500K-$1M = $500; $1M-$5M = $2,000; $5M-$300M = $6,000; over $300M = $100,000. A small farm corporation's minimum is $75. This minimum is the floor on the C-corp (CO-411) liability. Pass-through entities (S corps/partnerships/LLCs filing BI-471) instead owe a flat $250 minimum entity tax.
The $100 minimum tax is deliberately left out of the filing-charge totals on this page. A minimum tax is owed to the state tax authority on a tax return, not to the business filing office, but unlike an income-based tax it is a floor, so treat it as a recurring cost of keeping the corporation alive here.
What these totals leave out: the filing-charge figures on this page are what you pay the business filing office. They exclude corporate income tax and any franchise or gross-receipts tax, because both depend on income, net worth or receipts. The section above sets out what Vermont levies, or that it levies neither. Where a state's franchise tax carries a flat minimum, that minimum is an unavoidable annual cost these totals do not include, and over five years it can be the larger number.
C-corp return: CO-411 (Vermont Corporate Income Tax Return)
Frequently Asked Questions
Where these numbers come from
This page covers the recurring report a for-profit corporation files with Vermont. Every figure was checked against Vermont's own published sources on July 29, 2026, the state business filing agency's fee schedule, the governing statute, and where a state tax applies, the state Department of Revenue. Commercial formation-service pages were used as leads only and are never cited. Anything the review could not confirm from an official source is left blank on this page rather than filled with an estimate.
Corporate income tax and franchise tax are quoted as the state publishes them, as rate schedules and thresholds, and are excluded from every dollar total here. They depend on income or net worth, so there is no flat figure that would be true for every corporation.
Primary sources:
- https://tax.vermont.gov/business/corporate-income-tax
- https://tax.vermont.gov/business/business-entity-income-tax
- https://sos.vermont.gov/business-services/fees-statutes
- https://legislature.vermont.gov/statutes/section/11A/016/16.22
- Vermont statute: 11A V.S.A. § 2.02 (articles of incorporation)
- Vermont statute: 11A V.S.A. § 16.22 (corporation annual report)
- Vermont statute: 32 V.S.A. § 5832(2)(A) (minimum corporate income tax)
This guide is general information, not legal or tax advice, and reading it does not create an attorney-client relationship. It describes rules that can differ from state to state, and fees, rates, forms and deadlines can change after we review them. It cannot tell you what applies to your own business: that turns on where the business is formed, where it operates and how it is taxed. Confirm anything you rely on with the state or federal agency concerned, or with a licensed attorney or CPA, before you act on it.
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Edmond Hui · Founder, MyStateLLC
Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.