LLC Annual Fees by State

Last updated:

Deal alert! Our favorite company, Northwest, is forming LLCs for $39 (60% off!) See details.
LLC Annual Fees by State

Note: Some fees mentioned in the video above have changed. Make sure to reference the table below for the most accurate information.

The table below shows LLC annual fees by state.

As of 2020, the average LLC annual fee in the US is $89.

Most states call this the Annual Report, however, it has many other names:

  • Annual Certificate
  • Annual List of Members
  • Annual Registration Fee
  • Biennial Report
  • Biennial Statement
  • Business Privilege Tax Return
  • Decennial Report
  • Franchise Tax Report
  • Periodic Report
  • and more
Important: Just because certain states have lower fees does not mean you should form there! It could end up costing you a lot more money. You could end up illegally doing business in your home state and having to file 2 LLCs (a Domestic LLC and a Foreign LLC). If you haven’t seen our “best state” video yet, make sure to check it out: What’s the Best state to form an LLC?

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.

Need help with your LLC? Have a professional LLC service file for you:
Northwest ($39 + state fee) or LegalZoom ($149 + state fee)

LLC Annual Fees (as of 2020):

State LLCLLC Filing FeeLLC Annual FeeDuePayable To & Form Name
Alabama LLC$183$100 minimum2.5 months after formationAL Department of Revenue, Initial Business Privilege Tax Return
Alaska LLC$250$100Biennial, January 2ndAK Department of CCED, Biennial Report
Arizona LLC$50$0No annual fee + no report dueN/A, N/A
Arkansas LLC$45$150Annual, May 1stAR Secretary of State, Franchise Tax Report
California LLC$70$800 + $20VariousCA Franchise Tax Board, Annual LLC Franchise Tax + Stmt. of Information
Colorado LLC$50$105 month window surrounding
anniversary month
CO Secretary of State, Periodic Report
Connecticut LLC$120$20Annual, anniversary dateCT Secretary of State, Annual Report
Delaware LLC$90$300Annual, June 1stDE Dept. of State, Annual Franchise Tax
Florida LLC$125$138.75Annual, May 1stFL Department of State, Annual Report
Georgia LLC$100$50Annual, April 1stGA Secretary of State, Annual Registration Fee
Hawaii LLC$50$15During quarter of anniversary dateHI Business Registration Division, Annual Report
Idaho LLC$100$0 (must file an information report, no fee though)Annual, anniversary monthID Secretary of State, Annual Report
Illinois LLC$150$75Annual, anniversary monthIL Secretary of State, Annual Report
Indiana LLC$95$30Biennial, anniversary monthIN Secretary of State, Business Entity Report
Iowa LLC$50$45Biennial, April 1st of odd yearsIA Secretary of State, Biennial Report
Kansas LLC$160$50Annual, April 15thKS Secretary of State, Annual Report
Kentucky LLC$40$15Annual, June 30thKY Secretary of State, Annual Report
Louisiana LLC$100$35Annual, anniversary monthLA Secretary of State, Annual Report
Maine LLC$175$85Annual, June 1stME Secretary of State, Annual Report
Maryland LLC$100$300Annual, April 15thMD State Dept. of Assessments, Personal Property Tax
Massachusetts LLC$500$500Annual, anniversary monthMA Secretary of the Commonwealth, Annual Report
Michigan LLC$50$25Annual, February 15thMI Dept. of LARA, Annual Report
Minnesota LLC$155$0 (must file an information report, no fee though)Annual, December 31stMN Secretary of State, Annual Report
Mississippi LLC$50$0 (must file an information report, no fee though)Annual, April 15thMS Secretary of State, Annual Report
Missouri LLC$50$0No annual fee + no report dueN/A, N/A
Montana LLC$70$20Annual, April 15thMT Secretary of State, Annual Report
Nebraska LLC$105$10Biennial, April 1st of odd yearsNE Secretary of State, Biennial Report
Nevada LLC$425$350Annually, anniversary monthNV Secretary of State, Annual List of Members + Business License
New Hampshire LLC$100$100Annual, April 1stNH Secretary of State, Annual Report
New Jersey LLC$125$75Annual, anniversary monthNJ Department of Treasury, Annual Report
New Mexico LLC$50$0No annual fee + no report dueN/A, N/A
New York LLC$200$9Biennial, anniversary monthNY Department of State, Biennial Statement
North Carolina LLC$125$200Annual, April 15thNC Secretary of State, Annual Report
North Dakota LLC$135$50Annual, November 15thND Secretary of State, Annual Report
Ohio LLC$99$0No annual fee + no report dueN/A, N/A
Oklahoma LLC$100$25Annual, anniversary monthOK Secretary of State, Annual Certificate
Oregon LLC$100$100Annual, anniversary monthOR Secretary of State, Annual Report
Pennsylvania LLC$125$70Every 10 yearsPA Department of State, Decennial Report
Rhode Island LLC$150$50Annual, September 1st - November 1stRI Secretary of State, Annual Report
South Carolina LLC$110$0No report due unless you file taxes as an S-CorpN/A, N/A
South Dakota LLC$150$50Annual, anniversary monthSD Secretary of State, Annual Report
Tennessee LLC$300$300 minimumAnnual, April 1stTN Secretary of State, Annual Report
Texas LLC$300$0 for most LLCs (however a No Tax Due Report and Public Information Report must be filed every year)Annual, May 15thTX Comptroller, Public Information Report + Franchise Tax
Utah LLC$70$20Annual, anniversary monthUT Department of Commerce, Annual Report
Vermont LLC$125$35Annual, March 15thVT Secretary of State, Annual Report
Virginia LLC$100$50Annual, anniversary monthVA Corporation Commission, Annual Registration Fee
Washington LLC$200$60Annual, anniversary monthWA Secretary of State, Annual Report
Washington DC LLC$220$300Biennial, April 1stDCRA, Biennial Report
West Virginia LLC$100$25Annual, July 1stWV Secretary of State, Annual Report
Wisconsin LLC$130$25Annual, anniversary quarterWI Secretary of State, Annual Report + Business Tax Registration
Wyoming LLC$100$50 minimumAnnual, anniversary monthWY Secretary of State, Annual Report

Video Transcript:

Hey, folks. Matt Horwitz at llcuniversity.com. I hope you’re doing well. Today, we’re going to talk about the LLC annual fees by state, all 50 states. I am referencing a table that we have on our website. I just printed it out to read it to you. This is a little bit ridiculous to make a video about all this stuff, but hey. Some people like videos and it’s easier to consume. I’m going to go a little bit quicker here, because there’s a lot of information to cover. Again, probably 94% to 95% of the states all have an annual report or some iteration of the annual report.

Most of the time, it’s called annual report. Sometimes it’s called an annual certificate, an annual list of members, an annual registration fee, a biennial statement, a business privilege tax return, a decennial report, a franchise tax report, a period report, AKA you have to send the state money every one year, every two years and in Pennsylvania, for example, every 10 years to basically keep your LLC in good standing, and in compliance … This is very serious stuff. Don’t take this lightly. If you do not file your annual report or whatever the requirement is in your state, your state will eventually dissolve AKA shut down your LLC. This is serious business.

Now I’m basically going to quickly go over … For the most part, everyone I’m about to mention is just a fee paid once every year. Now that due date is going to vary. It’s different by every single state. You’re going to have to click through to the website to read this table, because I don’t know if you can see this, but a lot of information. Let’s run for it. Alabama, $100. Alaska, $100. Arizona, $0. Arkansas, $150. California, $800 plus $20. Colorado, $10. Connecticut, $20. Delaware, $300. DC, $300. Florida, $140. Georgia, $50. Hawaii, $15. Idaho, nothing. Well actually, let me stop myself. Some states, even though you pay $0, some … A few states, you don’t have to pay anything or file anything, and those are the good states. Just a few of those. However, there’s a bunch of other states where even though you pay 0, you still have to file a report and some documentation. Again, full details on this table.

Idaho, $0. Illinois, $250. Indiana, $30. Iowa, $45. Kansas, $55. Kentucky, $15. Louisiana, $35. Maine, $85. Maryland, minimum $300. Massachusetts … Oh boy. $500. Massachusetts and California and Nevada are your big boys, wanting $500 and $800 in California. Massachusetts, $500. Michigan, $25. Minnesota, $0. Mississippi, $0. Missouri, $0. Three 0s in a row. Montana, $20. Nebraska, $10. Nevada, $500. New Hampshire, $100. New Jersey, $53. New Mexico, $0. New York, $9. Although New York does have a funny publication requirement. If you need details on that, we do have a video and a post on our website. Again, New York, $9. North Carolina, $200. North Dakota, $50. Ohio, $0. Oklahoma, $25. Oregon, $100. Pennsylvania, $70. However, it’s every 10 years. Again, most of these … I’m not reading off the due dates. Most of these are every year. Some of these are every two years.

Rhode Island, $50. South Carolina, $0. South Dakota, $50. Tennessee, minimum $300. It goes up based on the amount of members your LLC has. Texas, $0. Although they do have a franchise tax document that needs to be filed. Utah, $15. Vermont, $35. Virginia, $50. Washington state, $81. West Virginia, $25. Wisconsin, $25. Wyoming, $50. That’s fun, throwing papers on the floor like that.

Hope this video was helpful for you. If you want all the details about is it every year, is it every other year, is it due on my anniversary month, is it due in April, is it due in June, is it due in January, they’re all due at … It’s all crazy. I wish they would all just make it the same, but they’re all over the board. Hopefully, this is just a quick run through to let you get a feel for what the price is going to be on the annual state renewals that you have to pay every year to your state in order to keep your LLC in compliance and in existence. Hope this video is helpful. Talk to you soon.

Matt Horwitz
Founder & Educator, LLC University®
Forming an LLC shouldn't be so complicated. Our step-by-step guide will make the process a breeze – and no complex legal jargon! LLC University® teaches people how to form an LLC for free in all 50 states. We hope you find our free guides and resources helpful in your business journey.
Leave a Comment (268) ↓
Disclaimer: Nothing on this page shall be interpreted as legal or tax advice. Rules and regulations vary by location. They also change over time and are specific to your situation. Furthermore, this comment section is provided so people can share their thoughts and experience. Please consult a licensed professional if you have legal or tax questions.

46 Comments

  1. John H September 7, 2018

    Hello Mat!
    I’m from Africa and I own a successful and growing software development company. I would like to extend my branch by opening an office in US preferably texas. Please guide me through where I should register and advise me If it is necessary for me to personally come for bank account opening in US. Please note that I will hire american residents permanently in the US office to take Web design orders. Please guide me on the taxes and the whole process. Let me know if any of your service can help.

    reply
    • Matt Horwitz October 16, 2018

      Hey John, we don’t have info on taxes for non-US residents yet, so we recommend speaking with a few accountants who work with international clients. We’ve written about banking for non-US residents here: LLC bank account for non-US resident. Hope that helps!

      reply
  2. Amy September 7, 2018

    I have a product idea in mind, it’s a tangible object that I can sell. Do I need to have an LLC? Do you recommend an LLC in that situation? I’m also interested in protecting my privacy, will an LLC do that as well?

    Thank you!! :)

    reply
    • Matt Horwitz October 16, 2018

      Hi Amy, we have an article that speaks to this here: LLCs and asset protection. Yes, you can have a private LLC. It depends on the state, who you use as your Registered Agent, and whether or not you file yourself or hire a filing company. Hope that helps!

      reply
  3. David Ritchey September 16, 2018

    Hi Matt,
    My sister who resides in MD and I, residing in FL bought a tiny house (it is on a trailer) and put it in a place in PA called Tiny House Estates which is essentially a campground sort of place for tiny house rentals. From the information you’ve given it seems we should form an LLC in PA as that is where we are collecting rent. Any thoughts you might have would really be helpful. Thank you so much. What a terrific site!
    Regards
    David Ritchey

    reply
    • Matt Horwitz October 17, 2018

      Hey David, thanks so much! If you want the tiny house to be owned by the LLC and you’ll keep it in PA, then forming an LLC in PA as the correct route since that’s where you’re doing business. Hope that helps!

      reply
    • David Ritchey October 18, 2018

      Thank you so much Matt. You are awesome.
      d

      reply
      • Matt Horwitz November 22, 2018

        You’re welcome David. Thank you!

        reply
  4. Kyle Herman October 10, 2018

    If I have a patent and file it under my LLC I can still sell my patent separately right? If I have someone who wants 5% of the proceeds from the licensing of the patent I don’t have to put them under the LLC to pay them do I?

    Thanks,

    Kyle Herman

    reply
    • Matt Horwitz October 25, 2018

      Hi Kyle, correct. The LLC is a legal person, similar to you and I, and therefore it can buy and sell things. And correct, your licensing agreement doesn’t require that person to become an LLC Member. Hope that helps.

      reply
  5. Kate October 19, 2018

    For tax purposes, is it better to file an LLC in Florida or in Nevada? Also, I live in Georgia. Thanks!

    reply
    • Matt Horwitz November 22, 2018

      Hi Kate, if you’re earning income and running the business from Georgia, than Georgia is where I’d form the LLC. Forming an LLC out of state will require you to then register as a Foreign LLC in Georgia. Also, taxes are paid where the money is made, not where your LLC is formed. More details can be found here: where should I form an LLC? Hope that helps!

      reply
  6. Tina Vences October 22, 2018

    Hello there,

    I currently reside in IL but also have a home in AZ. I want to bounce back and forth in the future. I want to create an online business so the AZ LLC looks more appealing but I would like to do work in both. What is the best suggestion, and can I file for an LLC in AZ even though I don’t currently live there (shared home, so it’s not in my name or anything).

    reply
    • Matt Horwitz November 22, 2018

      Hi Tina, rather than if you own a residence or not, the states look at whether or not you’re “doing business” there. It can be a bit of a gray zone, so there isn’t a clear answer. You can form the LLC in either state. However, if your mostly running the business from Illinois and deriving income there, then you’re most likely doing business there. Which means, if you form an LLC in Arizona, you’d need to register as a Foreign LLC in Illinois. And Illinois is where you’d file your state taxes too. Hope that helps.

      reply
  7. Vilma October 26, 2018

    Hello, Matt.
    I’m a foreign and would like to open a small ecommerce business in the US. Do you think having a LLC in the State of Arizona is a good choice? Fees and taxes are the lowest, for me, at the beggining, would be very helpful. Also I would choose as my agent one of those three RocketLaywer, NorthWest or LegalZoom. Any suggestions? I thank you very much in advance!

    reply
  8. Grant November 8, 2018

    Hey there. thanks for taking the time to answer questions. I live in CA, and I am setting up a website. The website will not have any revenue for the forseeable future – maybe never. I need to have the website and content protected by an LLC for my liability protection. I would file in CA, but with the egregious fees (and the fact that the business will not have any revenues), I was wondering if I can incorporate out of state. All I need the LLC for is to create a bank account to pay for certain expenses and for the liability protection. Thanks!

    reply
    • Matt Horwitz November 23, 2018

      Hi Grant, this falls into a bit of a gray zone. While you may be able to form an LLC in another state, setup a bank account there, and create the website, there’s also a chance that in the near future you’ll need to register that entity as a Foreign LLC in California. California is very strict, in both their corporate and tax laws, regarding “doing business”, so it’s tough to say here. We also recommend checking out what is doing business in California. Hope that helps.

      reply
  9. Rose December 5, 2018

    Hello Matt

    Thank you very much for the valuable information you provide on this site. I am planning to form an LLC in New Mexico as a holding company ( due cheap filling and because their option regarding privacy. Not because I want to make something ilegal but for privacy matters because I will be working from home and I do not like my private information in public records.) but I will be living at least for the next couple of years in Florida. I am planning to form a child LLC in Florida. The holding company in NM will not have any revenue, it’s only for holding the child LLC. Do I have to pay anyway federal or states taxes in NM for the holding LLC? Apart from the annually fees for the registrar agent, do I have to pay any other fee in NM.

    Can I after the formation of the NM LLC register the child LLC on my own or do I need to contract a register agent in FL?

    Probably I will move to Puerto Rico in a couple of years or maybe I will have double residency in PR and FL, (because I like a lot FL, I still don’t know), which case would be better? New child LLC in PR from the holding NM LLC? or from FL Child LLC?, or register Foreign LLC in PR from FL child LLC?

    reply
    • Matt Horwitz December 6, 2018

      Hi Rose, you’re very welcome. Interconnected questions like this with dozens of uncovered details are challenging to address. Something like this is best discussed with a tax attorney/accountant (ideally a few of them). You’ll need to double-check on this, but if you form a New Mexico Parent LLC that owns a Child LLC in another state, there shouldn’t be any state filing requirements in New Mexico (depending on the how the LLC is taxed). A Commercial Registered Agent can be hired as your Registered Agent, or they can be hired as your Registered Agent and they can do your LLC filing, or neither. You can always form the Child LLC yourself and be your own Registered Agent in Florida (or use the address of a friend or family member).

      In terms of whether or not you should form an LLC in Puerto Rico and which LLC should be the Parent LLC and which LLC should be the Child LLC isn’t something we can address. There are many details to unpack here and if you end up moving to Puerto Rico that changes everything from a tax perspective. To further clarify, you’ll not only want to speak with a few tax attorneys/accountants, you’ll also want to speak to those that specialize in working with expats who reside in Puerto Rico. Thank you for your understanding and hope that helps.

      reply
  10. Jenny Sampson December 6, 2018

    Wish to hold listed stocks in an LLC, and conduct no other business. beneficial owners live in NV and CT.
    If Charles Schwab doesn’t care where the LLC is organized, then do I just choose lowest fees (UT, NM, CO), or is there some reason to avoid those states?

    reply
    • Matt Horwitz December 6, 2018

      Hi Jenny, we’re not 100% sure on this one. We don’t deal with LLCs held for stock investing. I’d run this question by a few attorneys and see what’s recommended. Thank you for your understanding.

      reply
  11. PAL December 10, 2018

    Hi Matt,
    Thank you for this article and for the chart – very helpful! I tried to read through all of your Q&A above so as not to ask the same question more than once but it was very long. So pardon me if I’m repeating another’s question.

    I live in CA and am starting an affiliate marketing business. Should I form the LLC in CA or can I form it in one of the anonymous/invisible states since I will be doing business with people across the country? Can you give me costs if I were to form the LLC in NM but reside in CA? Do the annual fees and filings still apply in CA if I do that? Thanks!

    reply
    • PAL December 10, 2018

      BTW, affiliate marketing will be done 100% online so I will not have an office but will be working out of my home or anywhere in the world. Thanks.

      reply
      • Matt Horwitz December 10, 2018

        Hi Pal, even an online business is still doing business in California. If you reside in California, it’s best to form your LLC there. California has very strict laws (corporate + taxation) regarding doing business in the state. If you formed an out-of-state LLC, it’s likely you’d have to file a Foreign LLC in CA, pay the $800 annual franchise tax, file Form 568, and file/pay other CA state taxes. Please see here for more info: LLC doing business in California. Hope that helps.

        reply
  12. PAL December 11, 2018

    Got it! I’ll do that then. Thank you, Matt!

    reply
    • Matt Horwitz December 11, 2018

      You’re welcome :)

      reply
  13. Bret December 11, 2018

    I no longer use my llc and haven’t in 4 years. Apparently I didn’t properly dissolve it and I currently owe the state of AR around $600 in fees. What are the repercussions if I just never pay the fees? Will this inhibit me years down the road if I want to form a new llc or another entity etc?

    reply
    • Matt Horwitz December 11, 2018

      Hi Bret, you’ll need to speak with a tax attorney about this. We’re not sure. Thank you for your understanding.

      reply
  14. Glenn January 6, 2019

    I formed an LLC in Maryland in 2011, but never did any business using the LLC. I never filed returns or maintained the fees on a yearly basis, so in 2013 it was Forfieted.

    Can I resurrect the LLC? Will it require me to pay back fees and penalties despite having no business related to the entity?

    I am now looking to use this for my consulting businesses.

    Thanks for your help.

    reply
    • Matt Horwitz January 6, 2019

      Hi Glenn, yes, you can. It’s called an LLC reinstatement. It’s accomplished by filing an “Articles or Certificate of Reinstatement”. However, you’re correct, you’ll have to pay the back fees, any penalties, and file any applicable returns. We recommend calling the State Department of Assessments and Taxation (SDAT) during the week, giving them your LLC information, and see what’s required. Note, SDAT will send the LLC into collection and it’ll continue to accrue penalties. Hope that helps.

      reply
  15. SS January 8, 2019

    Hi,
    My friend (who lives in Florida) and I (living in California) are planning on starting a paid online course, and set up an LLC partnership for running this business (both will be equal 50% partners). I understand that either person’s state may be chosen as state to register the LLC with, which would make Florida a better option. I will travel to Florida once a year for this business to meet with my partner. Do I need to register this as a foreign LLC in California then? Do I also pay Florida taxes?
    Thanks
    SS

    reply
    • Matt Horwitz January 8, 2019

      Hey SS, you’ll want to speak to an accountant about tax details. You likely don’t have to personally file in Florida. Florida doesn’t have state income tax. However, you’re likely doing business in California, so a conversation with an attorney may be best to figure out which state and whether or not a foreign LLC is needed. Hope that helps.

      reply
  16. Richard January 21, 2019

    Hey Matt,

    Just came across your site here – very helpful for reading through.

    I currently have Delaware LLC and am planning to register a Foreign LLC in California as our company is starting to do the same business transactions there. If I dissolve my domestic Delaware LLC after I formed California LLC, will my California LLC be able to stand alone as the remaining LLC as is? Will I need to re-apply this change of status from Foreign LLC to Domestic LLC or no need to do anything?
    Thanks

    reply
    • Matt Horwitz January 22, 2019

      Hi Richard, a foreign LLC registration isn’t a 2nd LLC. In your case, registering your Delaware LLC as a foreign LLC in California simply gives your Delaware LLC the right to transact business in California. It’s doesn’t create a California LLC. So if you dissolve your Delaware LLC, then there are no “LLCs” left. Hope that helps.

      reply
  17. Liz January 22, 2019

    Hi! I am going into business with a partner doing college counseling. She lives in PA and I live in CA but we work together remotely with our students. We want to form an LLC — can we do that in PA (where she is a resident, pays taxes) if I am living and working in CA? Is there anything I need to do in CA?

    Liz

    reply
    • Matt Horwitz January 22, 2019

      Hi Liz, you may find how are LLCs taxed helpful. By default, a Multi-Member LLC will be taxed as a Partnership with the IRS (that’s for federal taxes). You’ll file an information return; the 1065. Then each LLC Member will get a K-1 showing their share of the income. Then each Member will pay state (and possibly local) tax on their share. So you’ll file and pay personal state tax in California; your partner in Pennsylvania. That’s a brief tax overview though. You’ll also want to look at where you’re transacting business. In this case, it would be both states. Also check out what is doing business in California (California is very strict). It’s a good rule of thumb to run this by an attorney. You’ll want to look at forming either just a California LLC, or forming an LLC in either PA or CA, and then registering it as a foreign LLC in the opposite state. Hope that helps!

      reply
  18. Pat Donohue January 23, 2019

    I live in Florida and I am using the llc to invest in a hotel in Indiana would Indiana be the best state to set up the llc or Florida. There Will be no business activity in Florida,only Indiana

    reply
    • Matt Horwitz January 28, 2019

      Hi Pat, you’ll certainly be doing business in Indiana. So you’ll need an LLC formed there or an LLC formed elsewhere and then registered as a foreign LLC in Indiana. There are many ways to structure the setup though, so best practice would be to discuss pros and cons of various options with a real estate attorney. Hope that helps.

      reply
  19. Heather January 24, 2019

    I have a question. If I form an LLC in Calfiornia for an online business (web design), and then say in a year move to another state. Do I have to continue to pay California after I move my business out of the state just because it was initially formed there?

    reply
    • Matt Horwitz January 28, 2019

      Hi Heather, “moving” an LLC can usually be done in 3 ways. It’s not just an address change. It’s either filing as a foreign LLC in the new state (in that case you’d still file/pay in CA + the new state), dissolving CA and forming new LLC, or domesticating/converting the CA LLC into the new state and then dissolving the CA LLC. After you dissolve and file a final return, that would be it for CA. Assuming you move the LLC to a new state and change residency. Hope that helps.

      reply
  20. Bernadette DeBrango February 7, 2019

    I already have an LLC in Texas and it is over a year now. Do I have to file anything after 1 year, like the minutes from our meeting? I did not do that and wondered the process, and if so where to send. My attorney has not responded on the details that are needed yearly . thank you and let me know

    reply
    • Matt Horwitz February 14, 2019

      Hi Bernadette, you don’t have to file the minutes of your meeting, but an Annual Franchise Tax Report and Public Information Report need to be filed every year for Texas LLCs. Note: When those are filed online, they are grouped into one filing. We have more information here: Texas LLC Franchise Tax. Hope that helps!

      reply
  21. Liz February 10, 2019

    I am forming a web/blogging business that generates affiliate marketing income. I have a previous sole proprietor business in NYC for my consulting income. I am transitioning from living full time in NYC to being a “digital nomad”. I will be dividing my time between NY, CA, and other locations. I expect to be less than 184 days in any given location. I will maintain a pied a terre studio apartment in both NYC and Los Angeles. I could spend more time in LA the first year if it were advantageous to establish residency there. Where should I form the new business? CA or NY?

    reply
    • Matt Horwitz February 18, 2019

      Hey Liz, where an LLC should be formed or registered comes down to where it’s legally doing business. For digital nomads with online businesses, where your residency/domicile is will affect that. However, it’s a fairly complex tax matter. If you’re already considering changing state residency, then I’d look into that first (and speak with some tax professionals). After you make your decision where to reside, that should help provide more info into where to form an LLC. Something to keep in mind/look into: California will consider you doing business in their state just by being a resident, regardless of where you are or the type of business. Not sure about the details of New York. Each state has its own set of laws. Hope that helps and thanks for your understanding.

      reply
  22. Leo February 17, 2019

    Hi,
    I’m conducting business in CA as a foreign entity LLC.
    And now I completely moved to CA from NY. Can you tell me how to change foreign entity LLC to domestic LLC in CA. Forming new LLC will automatically close the foreign entity LLC? And when shall I close NY LLC.
    And one more question. Forming LLC in February make me pay $1600?
    Thank you very much for your help.

    reply

Leave a comment or question

Comments are temporarily disabled.