Each state varies when it comes to LLC filing and formation fees. Naturally, when starting a business, you don’t want all of your funds to go into filing for the business, but these are required and important costs. Here are some upfront and recurring fees that vary by state you’ll need to account for:
Now, you must be wondering, that’s all great, but what about just filing my LLC, what can I expect? We’d say around $40-$500 depending on the state. Normally, individuals will hire an LLC formation service while others may choose to do it themselves. If you hire a service, you may pay a small fee, so make sure to budget that into your costs.
[Need to ask Tribevest team if they’re comfortable with us pasting in the information for another page to get the state names in and sourcing/linking to a website that already has this table] This is good for SEO if we have outbound links. Links to consider:
By the way, there is another option. For as low as $5/month, you can start an LLC, open a business bank account, and manage your contributions through Tribevest. If you want to learn more about it, check out our pricing and features.