US Virgin Islands LLC cost at a glance
| Cost | US Virgin Islands amount |
|---|---|
| Cost to form | $300 minimum |
| Annual report and annual filing fees | $300 minimum |
| When it is due | 30 June every year |
| State tax on the LLC | 5% gross receipts tax; income tax under the mirror code |
| First-year state fees (minimum) | $300 |
| Yearly state fees after that (minimum) | $300 |
| Registered agent | Required. Free if you act as your own; commercial services charge a yearly fee |
| EIN from the IRS | $0 |
Fees verified October 2026 against the Office of the Lieutenant Governor, Division of Corporations and Trademarks and other official US Virgin Islands sources listed at the end of this page.
How much does it cost to form an LLC in the US Virgin Islands?
The Division of Corporations and Trademarks charges a minimum of $300 to file original Articles of Organization for an LLC. The Division lists the fee as a minimum, and the fee schedule names no separate charge for the resident agent’s consent.
Priority 24-hour review costs $250 per filing on top of the filing fee. Reserving a name costs $50 and holds it for 120 days.
How much does a US Virgin Islands LLC cost every year?
Every US Virgin Islands LLC files an annual report and pays annual filing fees of at least $300 by 30 June. The filing covers the last closed tax year and goes through the Division’s online filing system, together with any franchise taxes due.
At $300 a year, the territory costs more to keep than Puerto Rico, Florida or Wyoming. Budget the same amount every year after formation.
What does a US Virgin Islands LLC cost over the first three years?
The table below adds up the state fees a US Virgin Islands LLC pays in its first three years, using the minimum amounts the US Virgin Islands charges. The second column adds the BusinessAnywhere registered agent service, which is free for the first year and $147 a year after that.
| Year | State fees only | With a registered agent service |
|---|---|---|
| Year 1 | $300 | $300 |
| Year 2 | $300 | $447 |
| Year 3 | $300 | $447 |
| Three-year total | $900 | $1,194 |
The table counts the $300 minimum annual filing fee from year two onward. The gross receipts tax is not included, because it depends on revenue.
Does the US Virgin Islands charge a franchise tax or income tax on LLCs?
The US Virgin Islands charges a 5% gross receipts tax, collected by the Bureau of Internal Revenue. A business with annual gross receipts of $225,000 or more pays 5% on all receipts and files monthly. A smaller business pays 5% only on receipts above $9,000 a month and files an annual return by 30 January.
Income tax follows the mirror code, which applies the US Internal Revenue Code with the Virgin Islands in place of the United States. An LLC taxed as a partnership files its partnership return with the Bureau of Internal Revenue, and each member reports their share of the income there.
How much does a registered agent cost in the US Virgin Islands?
Every US Virgin Islands LLC must name a registered agent with a physical street address in the US Virgin Islands. Acting as your own agent costs nothing, but your address goes on the public record and you must be available at that address during business hours. Commercial registered agent services charge a yearly fee for the same role.
The BusinessAnywhere registered agent service is free for the first year and $147 a year after that, with every document scanned to your online dashboard the day it arrives.
If you are weighing the free option, read can I be my own registered agent first.
Does a US Virgin Islands LLC need an EIN, and what does it cost?
An EIN costs nothing when you apply directly with the IRS. A US Virgin Islands LLC needs one to hire employees, to open a business bank account and whenever it has more than one member. US residents with an SSN or ITIN apply through the IRS online EIN application and receive the number at the end of the session.
Founders outside the United States cannot use the online tool. They apply by phone, fax or post with IRS Form SS-4, and do not need an SSN to do it. The BusinessAnywhere EIN application service handles that process for $97. Our guide on how to obtain an EIN for your LLC covers both routes.
What other US Virgin Islands LLC fees should you budget for?
These fees apply only when you need the service. They are the US Virgin Islands state charges as of October 2026.
| Item | Fee | Notes |
|---|---|---|
| Name reservation | $50 | Holds the name for 120 days. |
| Expedited filing | $250 | 24-hour priority review per filing, on top of the filing fee. |
| Certificate of good standing | $25 | |
| Certified copy | $25 | Certified amendment, merger or termination costs $150. |
| Amending the articles | $150 | Amendment or restated Articles of Organization. |
| DBA (assumed or trade name) | $50, renewal $100 every two years | Renewal rose from $50 to $100 on 1 October 2021 under Act 8184. |
| Changing registered agent | $50 | Change of resident agent or resident agent address. |
| Foreign LLC registration | $300 minimum | Application for a foreign LLC. |
| Reinstatement after dissolution | $150 | Plus all past-due filings and fees. |
An operating agreement carries no government fee in the US Virgin Islands and is not filed with the Division of Corporations and Trademarks, but every LLC should have one to set out ownership and decision rights. BusinessAnywhere sells an operating agreement template for $97.
What happens if you miss a US Virgin Islands LLC deadline?
An LLC that misses the 30 June filing moves to a pending status and is assessed penalties. In 2023 the Lieutenant Governor gave notice of administrative dissolution to entities that had not filed annual reports or paid fees for five years or more.
Reinstating a dissolved LLC costs $150, plus every past-due filing and fee. Late gross receipts tax returns carry their own penalties and interest from the Bureau of Internal Revenue.
How does the US Virgin Islands compare with other states?
The US Virgin Islands is one of the more expensive places to form and keep an LLC. Its $300 minimum formation fee matches Texas, and the $300 minimum yearly fee is double Puerto Rico’s $150 and five times Wyoming’s $60.
| State | Formation fee | Yearly state fees (minimum) | What drives the cost |
|---|---|---|---|
| US Virgin Islands | $300 | $300 | $300 minimum to form and $300 minimum a year, plus gross receipts tax |
| Puerto Rico LLC cost | $250 | $150 | $250 to form, $150 annual fee |
| Florida LLC cost | $125 | $138.75 | $138.75 annual report, $400 late fee |
| Delaware LLC cost | $110 | $400 | $400 flat annual tax due 1 June |
| Wyoming LLC cost | $100 | $60 | $60 minimum license tax, no income tax |
For all 51 jurisdictions side by side, see our full table of LLC cost by state.
How to form a US Virgin Islands LLC for $0 plus state fees
BusinessAnywhere files your US Virgin Islands LLC for $0 plus the $300 state fee. The filing comes with a free first year of registered agent service, so your first-year cost is the state fee and nothing else.
- Formation: $0 service fee plus the US Virgin Islands filing fee.
- Registered agent: free for the first year, then $147 a year.
- EIN application: $97, with no SSN required for non-US founders.
- Compliance reminders: every US Virgin Islands deadline on this page tracked in your dashboard.
- Virtual mailbox: a US street address with mail scanning, from $20 a month.
Start with our LLC formation service.
US Virgin Islands LLC cost FAQs
How much does an LLC cost in the US Virgin Islands?
At least $300 to form and at least $300 a year in annual filing fees, due 30 June. The 5% gross receipts tax comes on top.
When is the US Virgin Islands LLC annual report due?
30 June every year. The annual report, franchise taxes and annual filing fees are filed online with the Division of Corporations and Trademarks.
What happens if a US Virgin Islands LLC does not file?
It is assessed penalties and moves to a pending status. Entities five or more years behind were administratively dissolved, and reinstatement costs $150 plus all past-due filings and fees.
Does the US Virgin Islands have a gross receipts tax?
Yes. It is 5%. Businesses with $225,000 or more of annual gross receipts pay it on all receipts; smaller businesses pay it on receipts above $9,000 a month.
Can I reserve an LLC name in the US Virgin Islands?
Yes. A name reservation costs $50 and holds the name for 120 days.
How much does a US Virgin Islands LLC cost over three years?
At the minimum, $900 in filing fees: $300 to form and $300 in each of the next two years. With a commercial registered agent from year two at $147 a year, the total is $1,194.
Sources
- Office of the Lieutenant Governor, Corporations and Trademarks fee listing
- Office of the Lieutenant Governor, Division of Corporations and Trademarks
- Office of the Lieutenant Governor, notice of administrative dissolution
- Virgin Islands Bureau of Internal Revenue, tax structure
- Official US Virgin Islands source: DBA (assumed or trade name) fee
Fees change. Every figure on this page was checked against the official source in October 2026. Confirm the current amount with the Office of the Lieutenant Governor, Division of Corporations and Trademarks before you file.
