LLC costs by state: How much does an LLC cost?
Filing an LLC includes both a one-time startup fee and an annual or biannual fee, depending on your state. Review the chart below to compare state fees before incorporating your business.
Filing an LLC includes both a one-time startup fee and an annual or biannual fee, depending on your state. Review the chart below to compare state fees before incorporating your business.
Learn how much it costs to form an LLC in every state with this chart. The table below includes all LLC fees for each state including the filing fee, annual/biannual report fee and publication fee.
Kentucky offers the lowest LLC filing fee at $40. Arkansas is a close second at $45, and the following states charge a fee of $50: Arizona, Colorado, Hawaii, Iowa, Michigan, Mississippi, Missouri, New Mexico.
The primary cost of forming an LLC is the state filing fee which ranges from $40 to $500. Other costs include:
For most small businesses, filing and operating in your home state makes the most sense. However, some states are better for business than others. Delaware is the most popular state to form an LLC in thanks to its corporate-friendly business laws and court system. Nevada is another great choice since it has no taxes on franchises, corporate income, corporate shares, or personal income.