Our work is reader-supported, meaning that we may earn a commission from the products and services mentioned.

How Much Does it Cost to Form an LLC in 2024? | Fees by State

How Much Does it Cost to Form an LLC in 2024? | Fees by State

Advertising Disclosure

Advertising
Disclosure

How Much Does it Cost to Form an LLC in 2024? | Fees by State

 

How much does it cost to form an LLC in 2023?

State Filing Fee Recurring Fees
Alabama Certificate of Formation: $200
Name Reservation Fee: $28
$100 Annual Privilege Tax (minimum)
Alaska $250 $100 (every 2 years)
Arizona $50 (plus publishing costs) $0 
Arkansas $45 depending on filing $150 Annual Franchise Tax Report 
California $70 $800 – Franchise Tax (annually)
$20 – Statement of Information (every 2 years)
Colorado $50 $10 (annually)
Connecticut $120 $80 (annually)
Delaware $90 $300 Franchise Tax (annually)
Florida $125 $138.75 (annually)
Georgia $100 $50 (annually)
Hawaii $50 $15 (annually)
Idaho $100 No annual fee (report due annually)
Illinois $150 $75 (annually)
Indiana $95 $31 (every 2 years)
Iowa $50 $30 (every 2 years)
Kansas $160 $55 (annually)
Kentucky $40 $15 (annually)
Louisiana $100 $35 (annually)
Maine $175 $85 (annually)
Maryland $100 $300 (annually)
Massachusetts $500 $500 (annually)
Michigan $50 $25 (annually)
Minnesota Online filing: $155
Mail filing: $135 by mail
$0 (report due annually)
Mississippi $50 No annual fee (report due annually)
Missouri Online filing: $50
Mail filing: $105 by mail
$0
Montana $35 $20 (annually)
Nebraska Online filing: $100
Mail filing: $110 
$13 (every 2 years)
Nevada $425 – Articles of Organization, Initial List of Members / Officers, and LLC Business License $350 – LLC Annual List and LLC Business License (annually)
New Hampshire $100 $100 (annually)
New Jersey $125 $75 (annually)
New Mexico $50 $0
New York $200 (plus publishing costs) $9 (every 2 years)
North Carolina $125 $200 (annually)
North Dakota $135 $50 (annually)
Ohio $99 $0
Oklahoma $100 $25 (annually)
Oregon $100 $100 (annually)
Pennsylvania $125  $7 (annually starting 2025)
Rhode Island $150 $50 (annually)
South Carolina $110 Most LLCs – $0
LLCs taxed as an S corp – $25
South Dakota $150 $50 (annually)
Tennessee $300 $300 minimum (annually)
Texas $300 $0
Utah $54 $18
Vermont $125 $35 (annually)
Virginia $100 $50 (annually)
Washington $200 $60 (annually)
West Virginia $100 $25 (annually)
Wisconsin Online filing: $130
Mail filing: $170
$25 (annually)
Wyoming $100 $60 minimum (annually)

 

Some people will look at the cost of starting an LLC as too expensive and want to form a Sole Proprietorship instead. Learn the differences between an LLC and Sole Proprietorship to see which one is right for you.

 

How much does it cost to maintain an LLC?

The “Recurring Fees” column in the table above shows the costs to maintain an LLC in each state. This fee is generally the Articles of Organization and Franchise Fee if applicable.

Do you have to pay for an operating agreement?

While anyone can generate an operating agreement, it may be worth considering having an attorney help draft one to ensure it covers the owners.

What is the processing time to form your LLC?

The time to form an LLC varies by state, but can range between minutes to four weeks. In many states where processing takes longer, expedited processing is available for an additional fee.

Do you need a registered agent for an LLC?

Each state requres LLCs to have a registered agent (called a resident agent in some states). The registered agent can be the owner of the business, accountant or anyone who lives in the state and is generally available during normal business hours. Some businesses will pay a registered agent service for additional privacy and peace of mind knowing someone is always available to receive service of process should the LLC be sued.

How Much Does it Cost to Form an LLC in 2024? | Fees by State

How Much Does it Cost to Form an LLC in 2024? | Fees by State

Leave a Reply

Your email address will not be published. Required fields are marked *

Some (but not all) of the links on StartUp101.com are affiliate links. This means that a special tracking code is used and that we may make a small commission on the sale of an item if you purchase through one of these links. The price of the item is the same for you whether it is an affiliate link or not, and using affiliate links helps us to maintain this website.

StartUp101.com is also a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Our mission is to help businesses start and promoting inferior products and services doesn’t serve that mission. We keep the opinions fair and balanced and not let the commissions influence our opinions.