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Cost to Start an LLC in Your State

Cost to Start an LLC in Your State (2024)

The cost to start an LLC can vary widely depending on several factors of your LLC. The business type, location, investment amount, and many more things affect your LLC formation cost.

So, understanding a few steps and expenses before buying an LLC is essential. It helps you plan your finances well and avoid unexpected problems later on.

Explore the Overall Cost to Start an LLC

The cost to set up an LLC can vary depending on the state, with filing fees ranging from as low as $40 to over $500. It excludes additional expenses such as registered agent fees or legal help. Later on, you also need an Employer Identification Number (EIN) from the IRS. 

While getting an EIN is free, if you do it yourself, there are costs associated with the paperwork you need to file with your state. 

An LLC setting up cost is an essential consideration for the initial budget and ongoing expenses. If you choose the DIY route, you must cover the state’s filing fees when submitting documents. 

Suppose you select an online formation service to handle your basic filing. In that case, you typically pay an additional fee ranging from $39 to $79. This cost can vary if you upgrade your formation package or have the service act as your LLC’s registered agent.

Startup Costs for Forming an LLC

It is essential to know about the LLC costs before you start. The requirements for forming an LLC can vary by state. Here is a breakdown of the typical expenses you might encounter:

Filing Fees

These fees are from as low as $40 in some states to several hundred dollars in others. It is best to consult the secretary of your state’s office where you plan to establish your LLC.

Name Reservation

Some states offer name reservation services for a nominal fee of $10. It ensures that your chosen name is available, which is most important among the LLC startup costs.

Federal Trademark Registration

The trademark registration with the U.S. Patent and Trademark Office can protect your business name or logo. This process incurs a fee between $250 and $750.

Publication Requirements

The publication cost range is from $40 to over $2,000, depending on local advertising rates. Then, you can receive a certificate of publication.

Registered Agent

An annual registered agent for service usually costs between $100 and $300. Alternatively, a member with a local address can serve as the registered agent.

Legal help

The complexity determines the basis for legal fees. You can hire an expert for some tasks like: 1. Writing articles for the organization. 2. Creating an operating agreement. 3.Dealing with state-specific setup requirements.

Be aware of the ownership and some other LLC startup costs. These initial expenses to maintain your LLC can vary depending on the state and include:

  • Annual Franchise Tax: This tax is usually a set amount, varying from state to state. Typically, it costs around $800 per year.
  • Reporting Fees: These charges often change based on the number of LLC members.

LLC Filing Costs by State (2024)

If you use freely available online resources, there are no general associated LLC costs by state. But state fee is included in the cost to start an LLC. Estimating and budgeting for initial, maintenance and other expenses is essential for your business. 

However, when you select to form your LLC, we represent the actual overall costs. It helps you to start an LLC quickly. 

Typically, the filing fee for an LLC in the United States averages around $132.

As of 2023, the cost is from $35 to $500 for an LLC. Here is a rundown of all 50 states’ filing fees:

LLC States

LLC Filing Fee

LLC Annual/Biennial Fee

Alabama LLC

$200

$50 minimum (yearly)

Arizona LLC

$50

$0 (no fee and no information report)

Arkansas LLC

$45

$150 (yearly)

Alaska LLC

$250

$100 (2 years)

California LLC

$70

$800 (yearly) + $20 (2 years)

Colorado LLC

$50

$10 (yearly)

Connecticut LLC

$120

$80 (yearly)

Delaware LLC

$90

$300 (yearly)

Florida LLC

$125

$138.75 (yearly)

Georgia LLC

$100

$50 (yearly)

Hawaii LLC

$50

$15 (yearly)

Idaho LLC

$100

$0 (an information report must be filed every year)

Illinois LLC

$150

$75 (yearly)

Indiana LLC

$95

$31 (2 years)

Iowa LLC

$50

$30 (2 years)

Kansas LLC

$160

$50 (yearly)

Kentucky LLC

$40

$15 (yearly)

Louisiana LLC

$100

$35 (yearly)

Maine LLC

$175

$85 (yearly)

Maryland LLC

$100

$300 (yearly)

Massachusetts LLC

$500

$500 (yearly)

Michigan LLC

$50

$25 (yearly)

Minnesota LLC

$155

$0 (an information report must be filed every year)

Mississippi LLC

$50

$0 (an information report must be filed every year)

Missouri LLC

$50

$0 (no information report)

Montana LLC

$35

$20 (yearly)

Nebraska LLC

$100

$13 (2 years)

Nevada LLC

$425

$350 (yearly)

New Hampshire LLC

$100

$100 (yearly)

New Jersey LLC

$125

$75 (yearly)

New Mexico LLC

$50

$0 (no fee and no information report)

New York LLC

$200

$9 (2 years)

North Carolina LLC

$125

$200 (yearly)

North Dakota LLC

$135

$50 (yearly)

Ohio LLC

$99

$0 (no fee and no information report)

Oklahoma LLC

$100

$25 (yearly)

Oregon LLC

$100

$100 (yearly)

Pennsylvania LLC

$125

$7 (yearly)

Rhode Island LLC

$150

$50 (yearly)

South Dakota LLC

$150

$50 (yearly)

Tennessee LLC

$300

$300 (yearly)

Texas LLC

$300

$0 for most LLCs

Utah LLC

$54

$18 (yearly)

Vermont LLC

$125

$35 (yearly)

Virginia LLC

$100

$50 (yearly)

Washington LLC

$200

$60 (yearly)

Washington DC LLC

$99

$300 (2 years)

West Virginia LLC

$100

$25 (yearly)

Wisconsin LLC

$130

$25 (yearly)

Wyoming LLC

$100

$60 minimum (yearly)

Other expenses include:

  • Filing Articles of Organization — $40-$500
  • Reserving an LLC name (optional) — $10-$50
  • Filing a fictitious business name application (optional) — $50-$100

It is essential to research LLC cost by state to make informed decisions when starting your business. It ensures compliance with the specific requirements of your condition.4

The Cheapest LLC Formation Services for an LLC

It’s essential to consider the way to LLC formation at least cost before starting it. The Articles of Organization serve as the documents for LLC incorporation. But their names can differ from state to state. 

You must file the state filing forms to get the LLC formation setup at a low cost, subject to the filing fees specific to your state. Here are 5 best LLC services for keeping costs down:

ZenBusiness

ZenBusiness is the top-ranked service for your cost-saving LLC formation. It offers a $0 package that covers essential formation requirements. 

It includes name availability checks and filing your company’s articles of organization. It offers rush filing, a business domain name, email, and a website-building tool.

Northwest Registered Agent

It provides a free 90-day trial of VoIP service and a year of a registered agent for assistance. They offer more services like certified copies of formation paperwork and EIN acquisition at an extra cost. Northwest is offering valuable business advice.

Rocket Lawyer

Rocket Lawyer offers an affordable LLC formation service at $39.99 per month. You can access an extensive collection of legal documents that you can customize. Also, you can get help from lawyers. You can have free 30-minute consultations for new legal matters.

Swyft Filings

Swyft Filings charges slightly more than Northwest Registered Agent and does not offer a free year of a registered agent for service or online document storage. You can access a banking resolution or operating agreement that costs $149 in package.

Inc Authority

Inc Authority offers an incredibly affordable LLC service, handling your LLC paperwork at no charge. It provides a complimentary year of a registered agent for assistance in its $0 package. So, the cost of starting an LLC becomes lower. However, the cost becomes a concern when you require extra services, as the second cheapest package cost is $399

Frequently Asked Questions

The significant costs of setting up an LLC include state filing fees, legal services, or hiring a registered agent. It differs from state to state. It is essential to consider these factors when deciding on LLC formation.

The LLC (Limited Liability Company) startup cost varies depending on the state. Still, it ranges from $50 to $500 for the filing fee, with additional costs for any legal help or other services you may require.

It depends on the state. Pay a regular fee every 1 or 2 years. It ensures your LLC stays compliant and in good condition.

You can consider these five LLC formation services to help you keep your costs low. ZenBusiness, Northwest Registered Agent, Rocket Lawyer, and Swyft Filings & Inc Authority are those.

Legal help may be necessary for tasks like drafting articles of organization, creating an operating agreement, and addressing state-specific requirements. Legal fees can vary based on the complexity of the functions.

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