LLC

A Virginia LLC costs $100 to file Articles of Organization with the Virginia State Corporation Commission (SCC). Instead of an annual report, every Virginia LLC pays a $50 annual registration fee by the last day of its anniversary month. A late payment adds a $25 penalty, and an LLC still unpaid three months after the due date is automatically canceled. At the minimum, a Virginia LLC pays $100 in year one and $50 a year after that.

A Louisiana LLC costs $125 to form with the Louisiana Secretary of State, up from $100 before 1 October 2026. The annual report rose at the same time from $30 to $35 and is due on the anniversary of formation each year. Louisiana charges no franchise tax on LLCs taxed as partnerships or disregarded entities. At the minimum, a Louisiana LLC pays $125 in year one and $35 a year after that.

A Missouri LLC costs $50 to form online with the Missouri Secretary of State, or $105 on paper. Missouri LLCs file no annual report, and Missouri has imposed no franchise tax since 2016. For an LLC filed online, the full state cost is $50, paid once, which makes Missouri one of the cheapest states to form and keep an LLC.

A Washington LLC costs $180 to file a Certificate of Formation with the Washington Secretary of State, and the initial report is free when filed with it. The annual report costs $70 and is due by the last day of the month in which the LLC was formed, with a $25 fee if it is late. Washington has no franchise tax and no personal income tax, but it charges the business and occupation (B&O) tax on gross receipts. At the minimum, a Washington LLC pays $180 in year one and $70 a year after that.

An Iowa LLC costs $50 to file a Certificate of Organization with the Iowa Secretary of State. Instead of an annual report, Iowa LLCs file a biennial report in odd-numbered years, between 1 January and 1 April, and it costs $30 online or $45 on paper. Iowa charges no franchise tax on LLCs. At the minimum, an Iowa LLC pays $50 to form and averages $15 a year after that.

A Colorado LLC costs $50 to form with the Colorado Secretary of State, and Colorado accepts the Articles of Organization online only. Every Colorado LLC then files a Periodic Report each year for $25, a fee that rose from $10 in July 2024, and a late report adds a $50 penalty. Colorado charges no franchise tax on LLCs. At the minimum, a Colorado LLC pays $50 in year one and $25 a year after that.