Map Options

Metric:
Color Scheme:
Map Type:
Download SVG:
map placeholder
Massachusetts
$520
Illinois
$500
Tennessee
$325
Texas
$310
Alaska
$250
District of Columbia
$220
New York
$210
Washington
$200
Connecticut
$175
Maine
$175
Alabama
$165
Kansas
$160
Minnesota
$160
Florida
$155
Maryland
$155
Rhode Island
$150
South Dakota
$150
Delaware
$140
North Dakota
$135
West Virginia
$132
Wisconsin
$130
New Jersey
$125
North Carolina
$125
Ohio
$125
Pennsylvania
$125
Vermont
$125
Nebraska
$120
South Carolina
$110
Oklahoma
$104
Virginia
$104
Wyoming
$103
Georgia
$100
Idaho
$100
Louisiana
$100
New Hampshire
$100
Oregon
$100
Indiana
$90
California
$75
Nevada
$75
Utah
$72
Montana
$70
Kentucky
$55
Arizona
$50
Arkansas
$50
Colorado
$50
Hawaii
$50
Iowa
$50
Michigan
$50
Mississippi
$50
Missouri
$50
New Mexico
$50

LLC Cost by State 2024

LLC Cost by State 2024

An LLC, or limited liability company, is a business structure that is a hybrid of a corporation and a partnership or sole proprietorship. The owners of an LLC are not personally liable for the company’s debts or liabilities. LLCs typically combine the flow-through taxation of partnerships and the limited liabilities of corporations. Any entity can form an LLC except for banks and insurance companies.

Advantages and Disadvantages of LLCs

Advantages of LLCs include personal asset protection, where members are not personally responsible for the LLC’s debts or lawsuits, and flow-through taxation, where profits and losses are passed through to the members, who claim them on their tax returns. Additionally, LLCs offer simplicity by being relatively easy to form and maintain, unlike S- or C-Corporations. LLCs also tend to have more credibility than sole proprietorships and partnerships due to having a more formal business structure.

Disadvantages of LLCs include a higher cost of operation than a sole proprietorship or partnership, the possibility of dissolving upon the death or bankruptcy of a member, and the downsides of flow-through taxes. Flow-through taxation is beneficial in some ways; however, LLC owners are responsible for paying taxes on their personal share of LLC income, whether or not they are given a disbursement. Additionally, LLCs are not the most suitable option if the founder is looking to become a publicly-traded company.

What Fees Do LLCs Pay?

LLCs are formal partnerships, with the owners referred to as “members” that require articles of organization to be filed with the state followed by a fee paid directly to the state. Additionally, paperwork and other fees will need to be submitted at the federal level to obtain an employer identification number.

LLC regulations vary from state to state, including filing fees that range anywhere from $50 to $520 and annual or biennial fees that arrange from $0 to $800. An LLC filing fee is a one-time fee paid to create an LLC and an LLC annual or biennial fee is a mandatory, ongoing fee paid either every one or two years that keeps your LLC in compliance. Failure to file an LLC’s report and the annual or biennial fee will result in the LLC being shut down in 90% of states in the U.S.

States with the least-expensive filing fee of $50 are Arizona, Arkansas, Colorado, Hawaii, Iowa, Michigan, Mississippi, Missouri, and New Mexico. Massachusetts’s $520 filing fee is the most expensive among states.

As for the mandatory, ongoing annual or biennial fees, several states have a $0 fee: Arizona, Missouri, New Mexico, Idaho, South Carolina, Ohio, Pennsylvania, Minnesota, and Alabama. California has the most expensive annual fee of $800 per year plus an additional $20 every two years.

LLC Cost by State 2024

*Renewal fees are annual, except for the following states with biennial renewals: Alaska, Indiana, Iowa, Nebraska, New York, District of Columbia. Pennsylvania renewal is every 10 years.

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

State
LLC Filing Fee
LLC Annual Report
Incorporation Filing
Corporation Annual Report
Additional Notes
Massachusetts$520$520$295$135
Illinois$500$305$175$155
Tennessee$325$310$125$20
Texas$310$310
LLC Annual Report and Corporation Annual Report fees are variable and based upon gross revenue
Alaska$250$100$250$100
District of Columbia$220$300$220$300
New York$210$9$145$9
Additional fees include $425-$1,200 for LLC Publication
Washington$200$73$200$73
Additional fees include $10 for LLC Initial Report and $10 for Corporation Initial Report
Connecticut$175$20$455$100
Maine$175$85$145$85
Alabama$165$165
Kansas$160$55$90$55
Minnesota$160$160
Florida$155$139$79$150
Maryland$155$300$155$300
$300 values for LLC and Corporation Annual Reports are minimums. Actual values may be higher.
Rhode Island$150$50$230$50
South Dakota$150$50$150$50
Delaware$140$300$140$225
$225 value for Corporation Annual Report is a minimum. Actual value may be higher.
North Dakota$135$50$100$25
West Virginia$132$25$82$25
Wisconsin$130$25$100$40
New Jersey$125$50$125$50
North Carolina$125$202$125$20
Ohio$125$125
Pennsylvania$125$125
Additional fees include $299 for Corporation Publication
Vermont$125$25$125$35
Nebraska$120$26$65$26
Additional fees include $150 for LLC Publication and $150 for Corporation Publication
South Carolina$110$135
Additional fees include $100 for Incorporation Attorney Signature
Oklahoma$104$25$52
Virginia$104$50$79$100
Wyoming$103$52$103$52
Georgia$100$50$100$50
Additional fees include $50 for Corporation Initial Report and required $150 (minimum) fee for Corpo...
Idaho$100$101
Louisiana$100$30$100$30
New Hampshire$100$100$100
Oregon$100$100$100$100
Indiana$90$30$90$30
California$75$20$105$25
Additional fees include $20 for LLC Initial Report and $25 for Corporation Initial Report
Nevada$75$325$75$325
Additional fees include $325 for LLC Initial Report and $325 for Corporation Initial Report
Utah$72$15$72$15
Montana$70$15$70$15
Kentucky$55$15$55$15
Arizona$50$60$45
Additional fees include $299 for LLC Publication (required) and $299 for Corporation Publication fee...
Arkansas$50$150$50$150
Colorado$50$10$50$10
Hawaii$50$15$50$15
Iowa$50$45$50$55
Michigan$50$25$60$25
Mississippi$50$25$50$25
Missouri$50$58$45
Additional fees include $45 for Corporation Initial Report
New Mexico$50$100$25
Additional fees include $25 for Corporation Initial Report
United States$139$100$124$76
showing: 51 rows

Sources