← The Captive RecordStandards · No. 4
The Captive Record

A model compliance calendar for the Missouri captive — every deadline, cited

The recurring obligations of a Missouri pure captive on a calendar year, assembled from the statute and the Code of State Regulations. Companion to the Vermont calendar — and deliberately different from it, because Missouri is.

The Captive Record · June 9, 2026 · Filed under Standards · Verified against §§ 379.1300–.1350 and 20 CSR 200-20

Missouri licenses four kinds of captive: pure, association, industrial insured, and sponsored — plus the special purpose life reinsurance captive under its own subchapter. It does not license risk retention groups, agency captives, or affiliated reinsurance companies, and no dormancy regime appears in the chapter. That short list is itself the first compliance fact: before calendaring anything, confirm the entity type exists here.

What follows is the annual cycle for a pure captive on a calendar year.

Annual cycle — Missouri pure captive, calendar year end
ObligationDueAuthority
Premium tax return (Form CI-5) filed with the Department of Commerce & InsuranceFeb 1§ 379.1326; 20 CSR 200-20.040(7)
Annual report of financial condition, verified by oath of two executive officers (GAAP unless the director approves SAP)Prior to Mar 1§ 379.1312
Director certifies taxes payable to the Director of RevenueMar 3120 CSR 200-20.040(7)(B)
License renewal — renewal fee, with all annual reports then dueApr 1§ 379.1302; 20 CSR 200-20.030(1)(B)
Revenue notifies the company of its tax assessmentApr 3020 CSR 200-20.040(7)(C)
Premium tax payment to the Director of RevenueMay 1§ 379.1326; 20 CSR 200-20.040(7)(D)
Annual audited financial report by an approved independent CPA — including the actuarial certification of reserve adequacyJun 3020 CSR 200-20.040(2), (2)(E)
Board of directors meeting held in Missouri; principal place of business and registered agent maintained in stateWithin year§ 379.1302
Officer or director changes reported to the director (with background statement)Within 30 days20 CSR 200-20.050(1)
Conflict-of-interest disclosures filed with the board by officers, directors, key employeesAnnually20 CSR 200-20.050(2)

The premium tax chain

Missouri's premium tax is not a date — it is a relay, and two of the four steps belong to the state rather than to you. Miss the first and the rest of the chain proceeds without you.

Feb 1Company → file Form CI-5 with the Department of Commerce & Insurance, covering direct and assumed premiums written for the year ending the preceding December 31.
Mar 31DCI → the Director certifies the taxes payable by each company to the Director of Revenue.
Apr 30Revenue → the Director of Revenue notifies each company of its tax assessment.
May 1Company → payment due to the Director of Revenue.

Two practical consequences. First, the agency you file with is not the agency you pay. Second, if the April 30 assessment notice doesn't arrive, the May 1 payment obligation doesn't pause — a missing external step is itself a compliance signal worth tracking.

A detail worth real money: Missouri's $7,500 application fee and $7,500 annual renewal fee are deductible against premium tax, with a five-year carryforward for unused amounts (§§ 379.1302.3(4), 379.1326.11). The tax itself runs on the same descending tiers as Vermont's, with a $7,500 minimum and $200,000 maximum, 80% common-ownership consolidation, and proration for multiyear policies.

Capital, and where Missouri differs on the audit

Minimum unimpaired paid-in capital and surplus, which must be maintained and not merely met at licensing: $250,000 for a pure captive, $500,000 for association, industrial insured, and sponsored captives alike (§ 379.1306). The director may prescribe more based on the type, volume, and nature of the business. Capital may be cash or an irrevocable letter of credit from a Missouri-chartered bank or Federal Reserve member bank, subject to approval.

The audit deserves particular attention because it is where practitioners carrying habits from other domiciles go wrong. Missouri requires an annual audit by an independent CPA, due June 30 for the preceding calendar year — or within six months of an approved fiscal year end. Special purpose life reinsurance captives file by May 31. And the actuarial opinion on loss and loss-expense reserves is not a separate filing on its own schedule: it is a required component of the annual audit itself, certified by an American Academy of Actuaries member approved on Form CI-4. There is also an onboarding obligation easy to miss — a new captive must apply for approval of its CPA within 90 days of admission (Form CI-3).

The fiscal-year wrinkle

A pure or industrial insured captive may apply to report on a fiscal year end. If granted, the annual report is due 60 days after fiscal year end — but the captive must still file its calendar-year balance sheet, income statement, and statement of cash flows prior to March 1, because the premium tax return still runs on the calendar year (§ 379.1312.3). The election moves one obligation and creates another. That pattern gets its own article.

Authorities: Mo. Rev. Stat. §§ 379.1302, 379.1306, 379.1312, 379.1326 (§§ 379.1306 and 379.1312 effective Aug. 28, 2013); §§ 379.1353–.1421 (special purpose life reinsurance captives); 20 CSR 200-20.010–.060 (published Oct. 31, 2019; .040 amended eff. Nov. 30, 2019). Verified June 9, 2026. Forms CI-1 through CI-5 are described by the regulation as suggested rather than mandatory.

Educational and standards commentary only — not legal, tax, or investment advice, and no professional relationship is created. This calendar covers pure captives on a calendar year and omits entity-specific variations, elections, waivers, and event-driven obligations such as prior approval of material changes to the plan of operation. Statutes and regulations change. Confirm every date with the Department of Commerce & Insurance and your own advisors before relying on it.