Braun: Financial & Accounting Services

New PA Filing For Pennsylvania Business Owners | A Full Guide

March 17, 2025

With the drama unfolding for BOI, the last thing a business owner wants to see right now is a new “annual-filing.”

Though this new filing has been in the works for several years, I’ll unfold:

What it is
Who needs to file
How to file

On Jan. 1st, 2025 a New Filing was set forth for all Business Owners in the state of PA.

This motion was created by Governor Tom Wolf, in 2022. Titled Act 122, this replaces the previous report, the “decennial report” (the previous filing that was filed every 10 years) with a new yearly report aiming to improve Transparency & Accountability for businesses.

Sounds very similar to BOI, I know…

The main purpose of the filing is to maintain your business’s registration with the secretary of state.

This filing isn’t unique to Pennsylvania, all states have a reporting system similar to this new system being implemented by PA. Some states require far more information than others, along with higher filing fees, and penalties so thanks PA for not doing that…

The Information Needed To File

Your Business Name
Business/Office Address
Name of Governor (Member, Director, Partner, President, etc.)
Officer Name
Payment info for Filing Fee: $7 (waived for Non-Profit Organizations)

Who Needs to File the NEW PA Filing

All of the following business entities must file this new report (Both Domestic & Foreign Companies):

Business Corporations
Non-Profit Corporations
Limited Liability Companies
Limited Partnerships
Limited Liability General Partnerships
Professional Associations
Business Trusts

You’ll notice Sole-Proprietors aren’t on this list, if you haven’t filed for an LLC or registered your business through the Secretary of State then you won’t need to file this report.