CHARLESTON, W.Va. -- West Virginia Secretary of State Natalie Tennant says more businesses are taking advantage of online opportunities to make annual business filings, a move that is saving the state thousands of dollars.
Each year, state businesses have to file annual reports with the Secretary of State's office providing non-financial information on the business, including corporate officers, business address and service of process address.
Business owners may also submit an email address with their annual report.
While those reports were typically mailed for many years, in the last decade the state has allowed business owners to file these reports online at www.business4wv.com.
Tennant said state business owners have started to catch on to the benefits of online filing in recent years.
"We've seen the popularity of online filing increase dramatically," she said in a statement.
In 2009, only about 14,000 businesses filed online. That number increased to more than 47,000 last year.
"This shows that business owners in West Virginia appreciate that the Secretary of State's Office is helping them focus on running their business and filing important paperwork in a way that is most convenient for them," Tennant said.
Each year, the Secretary of State's office sends regular reminders to businesses informing them of the deadline to file their annual reports.
As of January, there were 89,976 businesses listed on the office's mailing list — a record high in the number of businesses registered.
Beginning in 2012, the Secretary of State's office began sending out email reminders to businesses with listed email addresses, rather than sending them paper notifications.
That year, the office saved about $20,200 notifying more than 56,000 businesses via email.