Our Blog

An ongoing series of informational entries

EXPERTS ON LLC fees...

October 6, 2018

What’s the LLC Filing Fee?

​The LLC filing fee is a one-time fee paid to the state to form your LLC.

What’s the LLC Annual Fee?

​The LLC annual fee is an ongoing fee paid to the state to keep your LLC in compliance and in good standing. It’s usually paid every 1 or 2 years, depending on the state. This fee is required, regardless of your LLC’s income or activity. Said another way: you have to pay this. Failure to pay the annual fee will result in the state dissolving (shutting down) your LLC. This is the case in over 90% of the states.

NATIONAL LLC PRICES FOR 2018

October 06,  2018

Clients have the option to register with Family Business Credit at the rates listed on our website, (which means their LLC or Nonprofit(s) will be registered with the State of Pennsylvania) or make personal arrangements to use these LLC Annual Fees:

State LLC LLC Filing Fee LLC Annual Fee Due Payable To & Form Name

Alabama LLC $183 $100 minimum 2.5 months after formation AL Department of Revenue, Initial Business Privilege Tax Return

Alaska LLC $250 $100 Biennial, January 2nd AK Department of CCED, Biennial Report

Arizona LLC $50 $0 No annual fee + no report due N/A, N/A

Arkansas LLC $50 $150 Annual, May 1st AR Secretary of State, Franchise Tax Report

California LLC $70 $800 + $20 Various CA Franchise Tax Board, Annual LLC Franchise Tax + Stmt. of Information

Colorado LLC $50 $10 5 month window surrounding

anniversary month CO Secretary of State, Periodic Report

Connecticut LLC $160 $20 Annual, anniversary date CT Secretary of State, Annual Report

Delaware LLC $90 $300 Annual, June 1st DE Dept. of State, Annual Franchise Tax

Florida LLC $125 $138.75 Annual, May 1st FL Department of State, Annual Report

Georgia LLC $100 $50 Annual, April 1st GA Secretary of State, Annual Registration Fee

Hawaii LLC $50 $15 During quarter of anniversary date HI Business Registration Division, Annual Report

Idaho LLC $100 $0 (must file an information report, no fee though) Annual, anniversary month ID Secretary of State, Annual Report

Illinois LLC $150 (used to be $500) $75 (used to be $250) Annual, anniversary month IL Secretary of State, Annual Report

Indiana LLC $90 $50 (by mail) or $31 (online) Biennial, anniversary month IN Secretary of State, Business Entity Report

Iowa LLC $50 $60 by mail or $45 online (used to be $45 by mail and $30 online) Biennial, April 1st of odd years IA Secretary of State, Biennial Report

Kansas LLC $165 $55 Annual, April 15th KS Secretary of State, Annual Report

Kentucky LLC $40 $15 Annual, June 30th KY Secretary of State, Annual Report

Louisiana LLC $100 $35 Annual, anniversary month LA Secretary of State, Annual Report

Maine LLC $175 $85 Annual, June 1st ME Secretary of State, Annual Report

Maryland LLC $100 $300 Annual, April 15th MD State Dept. of Assessments, Personal Property Tax

Massachusetts LLC $500 $500 Annual, anniversary month MA Secretary of the Commonwealth, Annual Report

Michigan LLC $50 $25 Annual, February 15th MI Dept. of LARA, Annual Report

Minnesota LLC $160 $0 (must file an information report, no fee though) Annual, December 31st MN Secretary of State, Annual Report

Mississippi LLC $50 $0 (must file an information report, no fee though) Annual, April 15th MS Secretary of State, Annual Report

Missouri LLC $105 $0 No annual fee + no report due N/A, N/A

Montana LLC $70 $20 Annual, April 15th MT Secretary of State, Annual Report

Nebraska LLC $105 $10 Biennial, April 1st of odd years NE Secretary of State, Biennial Report

Nevada LLC $425 $350 Annually, anniversary month NV Secretary of State, Annual List of Members + Business License

New Hampshire LLC $100 $100 Annual, April 1st NH Secretary of State, Annual Report

New Jersey LLC $125 $50 Annual, anniversary month NJ Department of Treasury, Annual Report

New Mexico LLC $50 $0 No annual fee + no report due N/A, N/A

New York LLC $200 $9 Biennial, anniversary month NY Department of State, Biennial Statement

North Carolina LLC $125 $200 Annual, April 15th NC Secretary of State, Annual Report

North Dakota LLC $135 $50 Annual, November 15th ND Secretary of State, Annual Report

Ohio LLC $99 $0 No annual fee + no report due N/A, N/A

Oklahoma LLC $100 $25 Annual, anniversary month OK Secretary of State, Annual Certificate

Oregon LLC $100 $100 Annual, anniversary month OR Secretary of State, Annual Report

Pennsylvania LLC $125 $70 Every 10 years PA Department of State, Decennial Report

Rhode Island LLC $150 $50 Annual, September 1st - November 1st RI Secretary of State, Annual Report

South Carolina LLC $110 $0 No report due unless you file taxes as an S-Corp N/A, N/A

South Dakota LLC $150 $50 Annual, anniversary month SD Secretary of State, Annual Report

Tennessee LLC $300 $300 minimum Annual, April 1st TN Secretary of State, Annual Report

Texas LLC $300 $0 Annual, May 15th TX Comptroller, Public Information Report + Franchise Tax

Utah LLC $70 $15 Annual, anniversary month UT Department of Commerce, Annual Report

Vermont LLC $125 $35 Annual, March 15th VT Secretary of State, Annual Report

Virginia LLC $100 $50 Annual, anniversary month VA Corporation Commission, Annual Registration Fee

Washington LLC $200 $60 Annual, anniversary month WA Secretary of State, Annual Report

Washington DC LLC $220 $300 Biennial, April 1st DCRA, Biennial Report

West Virginia LLC $100 $25 Annual, July 1st WV Secretary of State, Annual Report

Wisconsin LLC $130 $25 Annual, anniversary quarter WI Secretary of State, Annual Report + Business Tax Registration

Wyoming LLC $100 $50 minimum Annual, anniversary month WY Secretary of State, Annual Report

BUSINESS CREDIT WIKIPEDIA WISDOM

October 5, 2018

Business Credit Reports are usually created by credit bureaus when credit grantors report information related to a business credit account. These reports are sometimes examined during the decision making process of whether or not to grant credit to a business.

There are many credit management companies that specialize in business credit reports. These credit management companies are in the business of gathering the most predictive information on individuals and companies beforehand in order to assure that a company that has an interest in providing credit to another company or individual will have less worries on whether or not they will get paid and will not have to concern themselves with the risk associated with not knowing the borrowers history. Other uses of this report is to assess risk in extending loans to businesses, insuring businesses, underwriting insurance risk, purchasing businesses, investing in businesses or even company directors.

Credit management companies that specialize in offering business credit reports typically provide the most up to date information about business credit that’s available today, saving time, money and ensuring a completely sound and informed credit decision. This is in addition to companies who also provide consumer reports.[citation needed]

Some notable business credit credit bureaus are Equifax, Dun & Bradstreet, and Experian. While the credit bureaus provide reports and information to companies. Organizations like Corporate Credit Score specialize in providing information and tools to business owners. So they can track their own business credit history and dispute the bureau reports if a mistake has been made.

The first step for a business owner who wants to establish a business credit report is to get an EIN from the IRS. Then you can begin applying for business credit accounts with vendors. If the vendors report the credit information to the credit bureaus, trade-lines will be created on your business credit report. For new businesses, this can take some time. If credit grantors use a PAYDEX Score in determining whether or not to grant credit to a business, they will usually want to see a score of 75 or better.

BUSINESS CREDIT WIKIPEDIA WISDOM

October 5, 2018

Business Credit Reports are usually created by credit bureaus when credit grantors report information related to a business credit account. These reports are sometimes examined during the decision making process of whether or not to grant credit to a business.

There are many credit management companies that specialize in business credit reports. These credit management companies are in the business of gathering the most predictive information on individuals and companies beforehand in order to assure that a company that has an interest in providing credit to another company or individual will have less worries on whether or not they will get paid and will not have to concern themselves with the risk associated with not knowing the borrowers history. Other uses of this report is to assess risk in extending loans to businesses, insuring businesses, underwriting insurance risk, purchasing businesses, investing in businesses or even company directors.

Credit management companies that specialize in offering business credit reports typically provide the most up to date information about business credit that’s available today, saving time, money and ensuring a completely sound and informed credit decision. This is in addition to companies who also provide consumer reports.[citation needed]

Some notable business credit credit bureaus are Equifax, Dun & Bradstreet, and Experian. While the credit bureaus provide reports and information to companies. Organizations like Corporate Credit Score specialize in providing information and tools to business owners. So they can track their own business credit history and dispute the bureau reports if a mistake has been made.

The first step for a business owner who wants to establish a business credit report is to get an EIN from the IRS. Then you can begin applying for business credit accounts with vendors. If the vendors report the credit information to the credit bureaus, trade-lines will be created on your business credit report. For new businesses, this can take some time. If credit grantors use a PAYDEX Score in determining whether or not to grant credit to a business, they will usually want to see a score of 75 or better.

BUSINESS CREDIT WIKIPEDIA WISDOM

October 5, 2018

Business Credit Reports are usually created by credit bureaus when credit grantors report information related to a business credit account. These reports are sometimes examined during the decision making process of whether or not to grant credit to a business.

There are many credit management companies that specialize in business credit reports. These credit management companies are in the business of gathering the most predictive information on individuals and companies beforehand in order to assure that a company that has an interest in providing credit to another company or individual will have less worries on whether or not they will get paid and will not have to concern themselves with the risk associated with not knowing the borrowers history. Other uses of this report is to assess risk in extending loans to businesses, insuring businesses, underwriting insurance risk, purchasing businesses, investing in businesses or even company directors.

Credit management companies that specialize in offering business credit reports typically provide the most up to date information about business credit that’s available today, saving time, money and ensuring a completely sound and informed credit decision. This is in addition to companies who also provide consumer reports.[citation needed]

Some notable business credit credit bureaus are Equifax, Dun & Bradstreet, and Experian. While the credit bureaus provide reports and information to companies. Organizations like Corporate Credit Score specialize in providing information and tools to business owners. So they can track their own business credit history and dispute the bureau reports if a mistake has been made.

The first step for a business owner who wants to establish a business credit report is to get an EIN from the IRS. Then you can begin applying for business credit accounts with vendors. If the vendors report the credit information to the credit bureaus, trade-lines will be created on your business credit report. For new businesses, this can take some time. If credit grantors use a PAYDEX Score in determining whether or not to grant credit to a business, they will usually want to see a score of 75 or better.

BUSINESS CREDIT WIKIPEDIA WISDOM

October 5, 2018

Business Credit Reports are usually created by credit bureaus when credit grantors report information related to a business credit account. These reports are sometimes examined during the decision making process of whether or not to grant credit to a business.

There are many credit management companies that specialize in business credit reports. These credit management companies are in the business of gathering the most predictive information on individuals and companies beforehand in order to assure that a company that has an interest in providing credit to another company or individual will have less worries on whether or not they will get paid and will not have to concern themselves with the risk associated with not knowing the borrowers history. Other uses of this report is to assess risk in extending loans to businesses, insuring businesses, underwriting insurance risk, purchasing businesses, investing in businesses or even company directors.

Credit management companies that specialize in offering business credit reports typically provide the most up to date information about business credit that’s available today, saving time, money and ensuring a completely sound and informed credit decision. This is in addition to companies who also provide consumer reports.[citation needed]

Some notable business credit credit bureaus are Equifax, Dun & Bradstreet, and Experian. While the credit bureaus provide reports and information to companies. Organizations like Corporate Credit Score specialize in providing information and tools to business owners. So they can track their own business credit history and dispute the bureau reports if a mistake has been made.

The first step for a business owner who wants to establish a business credit report is to get an EIN from the IRS. Then you can begin applying for business credit accounts with vendors. If the vendors report the credit information to the credit bureaus, trade-lines will be created on your business credit report. For new businesses, this can take some time. If credit grantors use a PAYDEX Score in determining whether or not to grant credit to a business, they will usually want to see a score of 75 or better.

BUSINESS CREDIT WIKIPEDIA WISDOM

October 5, 2018

Business Credit Reports are usually created by credit bureaus when credit grantors report information related to a business credit account. These reports are sometimes examined during the decision making process of whether or not to grant credit to a business.

There are many credit management companies that specialize in business credit reports. These credit management companies are in the business of gathering the most predictive information on individuals and companies beforehand in order to assure that a company that has an interest in providing credit to another company or individual will have less worries on whether or not they will get paid and will not have to concern themselves with the risk associated with not knowing the borrowers history. Other uses of this report is to assess risk in extending loans to businesses, insuring businesses, underwriting insurance risk, purchasing businesses, investing in businesses or even company directors.

Credit management companies that specialize in offering business credit reports typically provide the most up to date information about business credit that’s available today, saving time, money and ensuring a completely sound and informed credit decision. This is in addition to companies who also provide consumer reports.[citation needed]

Some notable business credit credit bureaus are Equifax, Dun & Bradstreet, and Experian. While the credit bureaus provide reports and information to companies. Organizations like Corporate Credit Score specialize in providing information and tools to business owners. So they can track their own business credit history and dispute the bureau reports if a mistake has been made.

The first step for a business owner who wants to establish a business credit report is to get an EIN from the IRS. Then you can begin applying for business credit accounts with vendors. If the vendors report the credit information to the credit bureaus, trade-lines will be created on your business credit report. For new businesses, this can take some time. If credit grantors use a PAYDEX Score in determining whether or not to grant credit to a business, they will usually want to see a score of 75 or better.