Understanding Annual LLC Fees: State-Specific Insights

Navigating annual LLC fees can be a complex task as costs vary significantly from one state to another, contingent upon specific state requirements.

Beyond the initial filing fee required to establish your LLC, there’s an ongoing obligation to pay annual fees to the state to maintain your LLC’s good standing.

LLC Annual Fee: A Vital Commitment

To ensure your LLC remains compliant and operational, you must fulfill ongoing annual fee requirements mandated by your state. These fees are typically non-negotiable, irrespective of your LLC’s income or activity level.

While some states mandate yearly payments, others require biennial submissions. It’s imperative to recognize that in over 90 percent of states, failing to pay these annual LLC fees can result in the state dissolving your LLC.

This table shows the filing fees and annual fees for each state

Annual Fees Table and Data Source: Northwest Registered Agent

State Filing Fee Initial Report Annual Fee Due Date
Alabama LLC $200 filing fee + $25 name reservation ($236 total if filed online) None $100 minimum Annual, 2.5 months after beginning of LLC’s tax year
Alaska LLC $250 $0 $100 Biennial, January 2 every other year
Arizona LLC $50 None None No annual report requirement for LLCs
Arkansas LLC $50 paper, $45 online None $150 Annual, May 1
California LLC $70 $20 $800 Franchise Tax (LLCs formed between January 2021 and January 1st 2024 are exempt for first year.)
$20 Statement of Information
Franchise Tax: Annual, Depends on registration date
Statement of Information: Biennial, End of anniversary month every other year
Colorado LLC $50 None $10 Annual, End of anniversary month
Connecticut LLC $120 None $80 Annual, March 31
Delaware LLC $110 None $300 Annual, June 1
District of Columbia LLC $99 None $300 Biennial, April 1 starting the next year following registration. Then every 2 years afterward
Florida LLC $125 None $138.75 Annual, May 1
Georgia LLC $110 paper, $100 online None $60 paper, $50 online Annual, April 1
Guam LLC $250 registration fee + $100 minimum business license fee None $100 annual report
$100 minimum business license renewal
Annual Report: September 1
Business License Renewal: Annual, June 30
Hawaii LLC $51 None $15 Annual, Depends on registration date
Idaho LLC $100 None $0 Annual, End of anniversary month
Illinois LLC $150 None $75 Annual, Before the 1st day of anniversary month
Indiana LLC $100 None $50 Biennial, End of anniversary month every other year
Iowa LLC $50 None $45 paper, $30 online, Biennial, April 1 on odd-numbered years
Kansas LLC $165 paper, $160 online None $55 paper, $50 online Annual, 15th day of 4th month following the end of the LLC’s tax year
Kentucky LLC $40 None $15 Annual, June 30
Louisiana LLC $100 paper, $105 online $0 $30 paper, $35 online Annual, LLC anniversary date
Maine LLC $175 None $85 Annual, June 1
Maryland LLC $100 paper, $155 online None $300 Annual, April 15
Massachusetts LLC $500 None $500 paper, $520 online Annual, LLC anniversary date
Michigan LLC $50 None $25 Annual, February 15
Minnesota LLC $135 paper, $155 online None $0 Annual, December 31
Mississippi LLC $50 None $0 Annual, April 15
Missouri LLC $105 paper, $52 online, None None No annual report requirement for LLCs
Montana LLC $35 None $20 Annual, April 15
Nebraska LLC $110 paper, $105 online None $10 Biennial, April 1 during odd-numbered years
Nevada LLC $75 filing fee + $200 business license fee $150 $150 Annual List + $200 business license renewal Annual, End of anniversary month
New Hampshire LLC $100 None $102 Annual, April 1
New Jersey LLC $125 None $75 Annual, End of anniversary month
New Mexico LLC $50 None None No annual report requirement for LLCs
New York LLC $200 None $9 Biennial, End of anniversary month every 2 years
North Carolina LLC $125 None $200 paper, $202 online Annual, April 15
North Dakota LLC $135 None $50 Annual, November 15
Ohio LLC $99 None None No annual report requirement for LLCs
Oklahoma LLC $100 paper, $104 online, None $25 Annual, LLC anniversary date
Oregon LLC $100 None $100 Annual, LLC anniversary date
Pennsylvania LLC $125 None $70 Decennial (every 10 years), Due December 31 in years ending in 1 (2021, 2031, 2041, etc)
Puerto Rico LLC $250 None $150 Annual, April 15
Rhode Island LLC $150 None $50 Annual, May 1
South Carolina LLC $110 paper, $125 online None None No annual report requirement for LLCs with default tax status
South Dakota LLC $165 paper, $150 online None $65 paper, $50 online Annual, Due on the 1st day of LLC anniversary month
Tennessee LLC $300 mimimum. For LLCs with over 6 members, add $50 for each additional member, up to a maximum of $3,000. None $300 mimimum. For LLCs with over 6 members, add $50 for each additional member, up to a maximum of $3,000. Annual, Due 1st day of 4th month following the end of the LLC’s fiscal year
Texas LLC $300 None $0 for LLCs with less than $1.23 million in revenue. Annual, May 15
Utah LLC $54 None $18 paper, $23 online Annual, LLC anniversary date
Vermont LLC $125 None $35 Annual, Due 1st day of 3rd month following the end of the LLC’s fiscal year
Virginia LLC $100 None $50 Annual, End of anniversary month
Washington LLC $180 paper, $200 online $10 $60 Annual, End of anniversary month
West Virginia LLC $100 None $25 paper, $26 online Annual, July 1
Wisconsin LLC $170 paper, $130 online None $25 Annual, End of the quarter of the calendar year when your LLC was formed
Wyoming LLC $100 None $60 minimum Annual, 1st day of LLC anniversary month

LLC Annual Fees Costs by State: An Overview

When contemplating the formation of an LLC in your state, you’ll encounter two primary cost categories: startup costs and ongoing costs. Startup costs encompass essential expenses associated with initiating your LLC. These may include:

  1. Filing Fees: The cost to file Articles of Organization or Certificate of Formation with the local Secretary of State.
  2. Publication Requirements: Some states necessitate publishing a statement of formation in local newspapers.
  3. Operating Agreement: Creating an operating agreement that outlines your LLC’s business operations, profit distribution, and loss allocation among members.
  4. EIN Acquisition: Obtaining a federal Employer Identification Number (EIN) from the Internal Revenue Service (IRS) for tax purposes.

Startup fees exhibit variations from state to state, and they can evolve over time. Generally, filing fees may be higher in states seeking additional revenue sources. Moreover, certain states might impose extra charges if you seek legal counsel or engage service providers during the LLC formation process.

Navigating Business Registration Costs

Establishing an LLC begins with selecting a unique name for your company and registering it with the Secretary of State’s office in your chosen state. This process invariably includes a business name search, which is a fundamental component of LLC formation across most states. However, it’s vital to note that each state has distinct prerequisites for naming a business.

Your chosen LLC name must not be in use by any other company within the state where you intend to establish your LLC. If such a scenario arises, your business registration will be rejected, necessitating an additional fee to file a new business name. To circumvent these additional charges, it’s prudent to conduct a thorough business name search before initiating the filing process. This way, you can ascertain whether the name you’ve selected for your LLC is already in use by another entity.

It’s worth emphasizing that the costs associated with annual LLC fees exhibit substantial variation from state to state. Anticipating these expenses is crucial, as it enables you to effectively plan for the startup and ongoing financial commitments involved in creating and sustaining your LLC within your chosen state.

19 Comments

  1. I found your article on LLC annual fees by state to be incredibly thorough and insightful. One aspect that might be worth exploring further is the role of online LLC filing services, like LegalZoom, in simplifying the process. How do these services impact the overall cost and efficiency of maintaining an LLC, especially when considering the varying fees across states? Also, any advice on managing LLC taxation would be immensely helpful!

  2. Avatar Luna Ramirez says:

    Excellent article on the annual LLC fees by state! This is a key consideration for small business LLC owners like myself. This could really help new entrepreneurs make more informed decisions about which state is best for forming their LLC.

  3. Avatar Sebastian Carter says:

    Really appreciate this comprehensive guide on LLC annual fees across the 50 states. It’s a valuable resource for anyone considering LLC formation. However, I think it’s also important to highlight the differences in state-level benefits, like pass-through taxation and ownership flexibility.

  4. Thank you for this informative post on LLC annual fees! It’s fascinating to see the variation in fees from state to state. I was wondering if you could also touch upon the additional compliance requirements, like annual reports and state filings, which might add to the overall cost of maintaining an LLC. Also, any tips on asset protection and liability protection for LLCs in different states would be greatly appreciated!

  5. Avatar Harper Murphy says:

    Great article on LLC annual fees by state! It’s incredibly helpful to have a clear breakdown of the costs associated with maintaining an LLC across different states. I’m curious if these fees include or exclude the costs of a Registered Agent, which as you know, is mandatory in most states. Also, how often do these fees tend to change? Keeping up with these changes is crucial for legal compliance and budgeting. Thanks for such a detailed resource!

  6. Avatar Octavia Sinclair says:

    I’ve been researching LLC costs, and this article is a gem. The state-wise breakdown of annual fees is incredibly useful. It’s not just about the initial formation costs; these ongoing fees matter too.

  7. Avatar Atticus Harrington says:

    This article is a valuable reference for entrepreneurs like me. Knowing the annual fees in each state is essential for budgeting and financial planning. Thanks for the detailed breakdown!

  8. Avatar Seraphina says:

    I appreciate the effort put into compiling this list of LLC annual fees. It’s an eye-opener to see the differences between states. It’s a must-read for anyone considering or already operating an LLC.

  9. Great article. As a small business owner, I always struggle to keep track of annual fees. This article provides a comprehensive breakdown of LLC annual fees by state, making it easier to budget and stay compliant.

  10. This article is good, LLC annual fees can vary so much from state to state, and it’s important to plan for them. Having all 50 states’ fees in one place is incredibly convenient. Thanks for the informative resource.

Comments are closed.

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