A South Dakota LLC costs $150 to form online with the South Dakota Secretary of State, or $165 on paper. Every South Dakota LLC then files an annual report on the first day of its anniversary month, for $55 online or $70 on paper, and a report filed after the delinquency date adds a $55 late fee. South Dakota has no state income tax. At the minimum, a South Dakota LLC pays $150 in year one and $55 a year after that.
A Nebraska LLC costs $100 to form online with the Nebraska Secretary of State, or $110 on paper. Nebraska also requires every new LLC to publish a notice of organization in a legal newspaper for three weeks in a row and file proof of publication. After that, the LLC files a $25 online biennial report between 1 January and 1 April of each odd-numbered year. Nebraska charges no franchise tax on LLCs.
A Wisconsin LLC costs $130 to form online with the Wisconsin Department of Financial Institutions, or $170 on paper. The annual report costs $25 online or $40 on paper and is due by the end of the calendar quarter in which the LLC was formed. Wisconsin charges no franchise tax on LLCs, so most small LLCs pay $130 in year one and $25 a year after that.
A Minnesota LLC costs $155 to form online or in person with the Minnesota Secretary of State, or $135 by mail. The annual renewal is free but must be filed by 31 December every year, and an LLC that skips it is dissolved. LLCs taxed as partnerships owe the Minnesota minimum fee only above $1,280,000 of Minnesota property, payroll and sales, so most small LLCs pay $155 once and nothing after that.
An Alaska LLC costs $250 to form with the Alaska Division of Corporations, Business and Professional Licensing. It files a $100 biennial report due 2 January every two years, and an LLC doing business in Alaska also needs a state business license at $50 a year. Alaska has no personal income tax and no statewide sales tax.
A Hawaii LLC costs $51 to form: a $50 filing fee plus a $1 State Archives fee charged by the Business Registration Division. The annual report costs $12.50 online or $15 on paper and is due by the end of the quarter in which the LLC registered, starting the year after formation. An LLC that earns income in Hawaii also needs a one-time $20 general excise tax license.
An Arkansas LLC costs $45 to form online with the Arkansas Secretary of State, or $50 on paper. Every LLC then pays a flat $150 franchise tax each year through the Annual LLC Franchise Tax Report, due on or before 1 May. That report is also the annual report. A late report adds a $25 penalty plus daily interest.
An Idaho LLC costs $100 to form online through SOSBiz with the Idaho Secretary of State, or $120 on paper because of a $20 manual surcharge. The annual report is free and due by the end of the LLC’s formation anniversary month. Idaho has no franchise tax on LLCs, so most small LLCs pay $100 once and nothing to the state after that.
