Blog

A Wyoming LLC costs $100 to form with the Wyoming Secretary of State and at least $60 a year after that. The yearly charge is the annual report license tax: $60 or $0.0002 per dollar of assets held in Wyoming, whichever is greater, due on the first day of the LLC’s anniversary month. Wyoming has no state income tax and no franchise tax, so a Wyoming LLC with no Wyoming property pays $100 in year one and $60 a year after that in state fees. A Wyoming registered agent is required.

A North Carolina LLC costs $125 to form with the North Carolina Secretary of State. Every LLC then files an annual report by 15 April each year, starting the year after formation, and the report costs $200 on paper or $203 online by card. North Carolina charges no franchise tax on LLCs taxed as partnerships or sole proprietorships. At the minimum, a North Carolina LLC pays $125 in year one and $200 a year after that.

A Michigan LLC costs $50 to file Articles of Organization with the Michigan Department of Licensing and Regulatory Affairs (LARA). Every LLC then files a $25 annual statement by 15 February, and an LLC formed after 30 September skips the first 15 February that follows. Michigan charges no entity-level tax on an LLC taxed as a partnership or sole proprietorship. At the minimum, a Michigan LLC costs $50 in year one and $25 a year after that.

A Montana LLC costs $35 to form with the Montana Secretary of State, the lowest LLC formation fee of the 50 states and Washington DC. The annual report is due between 1 January and 15 April each year, starting the year after formation, and the Secretary of State waives its fee when it is filed on time. A late report costs $35. Montana charges no franchise tax on LLCs, so the minimum state cost is $35 in year one and $0 a year after that.

A Rhode Island LLC costs $150 to form with the Rhode Island Department of State. Every year after that it files a $50 annual report between 1 February and 1 May, and it owes a $400 annual charge to the Rhode Island Division of Taxation, which applies to single-member LLCs and to LLCs with no income. At the minimum, a Rhode Island LLC costs $550 in its first year and $450 a year after that.

A North Dakota LLC costs $135 to form with the North Dakota Secretary of State through the FirstStop portal. Every LLC files a $50 annual report by 15 November, an unusual autumn deadline, and farm and ranch LLCs file by 15 April instead. North Dakota charges no franchise tax on LLCs. At the minimum, a North Dakota LLC costs $135 in year one and $50 a year after that.

A Georgia LLC costs $110 to form with the Georgia Secretary of State: a $100 filing fee plus a $10 service charge, the same online or on paper. Every LLC then files a $60 annual registration between 1 January and 1 April, starting the year after formation, and a late registration adds a $25 penalty. At the minimum, a Georgia LLC costs $110 in year one and $60 a year after that.

An Indiana LLC costs $100 to form according to the Indiana Secretary of State’s Articles of Organization form, and filing online through INBiz adds a small processing fee. Instead of an annual report, Indiana LLCs file a Business Entity Report every two years, costing $32 online or $50 on paper, by the end of the anniversary month. Indiana charges no franchise tax on LLCs, so the minimum state cost averages $16 a year after formation.