Michigan Late Submission of Profit Corporation Annual Reports are documents filed with the Michigan Department of Licensing and Regulatory Affairs (LARA) by certain profit corporations operating within the state. These annual reports provide the state with important information about the financial and operational standing of the corporation. The reports must be filed by the 15th of the 4th month after the end of the corporation's fiscal year. Late filings are subject to a penalty fee. The two main types of Michigan Late Submission of Profit Corporation Annual Reports are the Domestic Profit Corporation Annual Report and the Foreign Profit Corporation Annual Report. The Domestic Profit Corporation Annual Report must be filed by Michigan-based corporations with the LARA. This report includes information such as the name of the corporation, its business address, the names and addresses of its officers and directors, and a financial statement. The Foreign Profit Corporation Annual Report must be filed by foreign corporations operating in Michigan. This report includes additional information such as the state of incorporation and the corporation's registered agent in Michigan.