Starting a Massachusetts LLC
A Massachusetts Limited Liability Company (LLC) is a legal structure used to protect your personal assets (home, car, bank account) in the event your business is sued.
An LLC can be used to operate a business, or an LLC can be used to hold assets (such as real estate, vehicles, boats, or aircraft).
File your Massachusetts Certificate of Organization with the Secretary of the Commonwealth and wait for your LLC to be approved.
You can file your LLC by mail or you can file it online. If you file by mail, the fee is $500. If you file online, the fee is $520. In both cases, the approval time is 24 to 36 hours.
Note: Filing times may take longer due to the current global situation and government delays. Please see how long does it take to get an LLC in Massachusetts.
In order to keep your Massachusetts LLC in compliance, you must also file a Massachusetts LLC Annual Report each year. The fee is $500 if you file by mail, and $520 if you file online.
Then you should check what Massachusetts Business Licenses your LLC might need. This depends on your LLC’s location and what type of business it is. And you should keep track of all the Massachusetts LLC Taxes you need to pay. We recommend hiring an accountant to help your small business with this.