In Short: US Virgin Islands LLC Annual Report
LLCs in the US Virgin Islands file an annual report and pay the annual filing fee to the Office of the Lieutenant Governor, Division of Corporations and Trademarks, by June 30 each year.
- Who files: LLCs registered with the Division of Corporations and Trademarks.
- Due date: June 30 each year, covering the LLC’s last tax closing year.
- Fee: $300 minimum.
- Late filing: penalties are assessed from July 1.
- If you never file: the LLC faces administrative dissolution. Reinstatement costs $150 plus every missed filing.
The US Virgin Islands runs its annual filing through one deadline for every business entity: June 30. Corporations pay franchise tax, partnerships and LLCs file their annual reports and fees, and all of it goes through the Lieutenant Governor’s online system, Catalyst.
This guide covers who files, the deadline, the fee, what Catalyst asks for, how to file step by step, and what happens after a missed June 30 deadline.
US Virgin Islands LLC Annual Report at a Glance
| Official name | Annual filing (annual report and annual filing fee) |
|---|---|
| Filed with | Office of the Lieutenant Governor, Division of Corporations and Trademarks |
| Who files | LLCs registered with the Division |
| Filing cycle | Every year |
| Due date | June 30, for the LLC’s last tax closing year |
| Fee | $300 minimum |
| Late fee or penalty | Penalties assessed from July 1 |
| Reinstatement | $150 plus all missed annual filings |
| Where to file | Catalyst online filing system |
Who Must File a US Virgin Islands LLC Annual Report?
The Division of Corporations and Trademarks requires corporations, partnerships and limited liability companies registered in the Territory to make an annual filing. For an LLC, that is the annual report plus the annual filing fee. Corporations file franchise tax returns instead.
When Is the US Virgin Islands Annual Report Due?
The report is due by June 30 every year and covers the LLC’s last tax closing year. An LLC with a calendar tax year files its report for 2026 by June 30, 2027.
How Much Does the US Virgin Islands LLC Annual Report Cost?
The Division’s fee schedule lists the annual filing fee for a limited liability company as $300 minimum. The minimum franchise tax rose from $150 to $300 effective January 29, 2018, under Act No. 8027. Confirm the exact amount due for your LLC in Catalyst or with the Division before you pay.
Next-business-day handling costs $250 per filing. A certificate of good standing, which confirms all annual reports are filed and all fees are paid, costs $25.
What Information Does the US Virgin Islands Annual Report Ask For?
Existing LLCs that file in Catalyst for the first time set up their online profile through the “Update Profile Service”. The Division’s 2026 instructions for existing entities ask for:
- The LLC’s last annual report, along with its financial statement.
- The registration documents: articles of organization, amendments and any mergers.
- The names and addresses of the members and managers.
- The name and address of the resident agent.
Once the profile is set up, the annual report itself is filed from the LLC’s Catalyst account each year.
How to File the US Virgin Islands LLC Annual Report: Step by Step
- Sign in to Catalyst. Open the Division’s Catalyst filing system, which is available 24 hours a day.
- Set up the profile if needed. First-time filers use the “Update Profile Service” and upload the documents listed above.
- Open the filing. Choose “MAINTAIN”, then “FILE FRANCHISE TAX/ANNUAL REPORT”.
- Complete the report. Enter the report for the LLC’s last tax closing year.
- Pay the fee. Pay online by Mastercard, Visa or ATH. Cash, checks and money orders are accepted at the Division’s offices in St. Thomas and St. Croix only after the filing is saved in Catalyst.
- Watch for the notice. The Division sends notification within 7 days, or the next business day with the $250 expedite.
Filings for prior years are delivered to the Division on paper. Only the current year is filed online.
What Happens If You Miss the US Virgin Islands Deadline?
According to the Lieutenant Governor’s office, penalties are assessed on July 1 for filings not made by June 30, and an entity that is not in good standing cannot file amendments. The LLC’s status changes to “Registered (Pending)” and the Division can start administrative dissolution.
The Division states that Virgin Islands law requires entities that owe one or more years of filings to be administratively dissolved. Dissolution notices go out by mail, and Catalyst emails reminders of upcoming and past-due filings. After dissolution, the LLC’s name becomes available to others, and the people tied to the dissolved entity cannot form a new entity until they show that all outstanding taxes are paid.
A dissolved LLC can apply for reinstatement. The reinstatement fee is $150, and the LLC must submit every missed annual filing to return to good standing.
US Virgin Islands Annual Report Tips for Non-Resident Owners
Set up the Catalyst profile well before June 30, because first-time filers need their past reports, financial statement and registration documents on hand. Keep the email on the Catalyst account current, since that is where reminders go, and keep your resident agent’s address current for mailed notices.
Keep Your US Virgin Islands LLC in Good Standing
Filing the annual report on time is what keeps your LLC in good standing with the Division. For the full picture of what the Territory charges each year, see our breakdown of US Virgin Islands LLC costs.
Most missed filings trace back to one problem: the state’s reminder went to an old address. A registered agent service that scans and forwards state mail closes that gap. If a deadline has already passed, our guide on what happens when you miss an annual report deadline walks through the fix, and our LLC annual report guide for every state covers the rules in other states where you are registered.
Form Your US Virgin Islands LLC With BusinessAnywhere
BusinessAnywhere forms your US Virgin Islands LLC for $0 plus the state filing fee, includes a free first year of registered agent service so state notices reach you, and gets the EIN for non-residents without a Social Security number for $97.
Frequently Asked Questions
When is the US Virgin Islands LLC annual report due?
By June 30 each year. The report covers the LLC’s last tax closing year.
How much does the US Virgin Islands LLC annual report cost?
The Division’s fee schedule lists the LLC annual filing fee as $300 minimum. Expedited next-business-day handling costs $250 more.
What happens if I file my US Virgin Islands annual report late?
Penalties are assessed from July 1, the LLC’s status changes to Registered (Pending), and it cannot file amendments until it is back in good standing.
Can a US Virgin Islands LLC be dissolved for not filing?
Yes. The Division states that entities owing one or more years of filings are administratively dissolved, with notices sent by mail.
How much does it cost to reinstate a US Virgin Islands LLC?
The reinstatement fee is $150, and the LLC must submit every missed annual filing. Prior-year filings are delivered to the Division on paper.
Can I file the US Virgin Islands annual report online?
Yes. The current year’s report is filed online in Catalyst, the Division’s filing system, and paid by Mastercard, Visa or ATH.
This guide summarizes rules published by the Office of the Lieutenant Governor, Division of Corporations and Trademarks, as of October 2026. It is general information, not legal or tax advice. Fees and forms change, so confirm the current figures on the official site before you file.
