Learn what a corporate initial return is and why it's important.
An Initial Return is a form document required to be filed with the government in some jurisdictions within a specific time period after the company first comes into existence. The time period in which an initial return must be filed varies by jurisdiction from jurisdiction and can usually be found in the corporate law statute of that jurisdiction, if required at all.
In all years after an initial return is filed an annual return or annual filing may be legally required.