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Original research 2026Updated 2026-08-08All 50 states

What it really costs to own an LLC for 5 years

Most LLC cost guides stop at the filing fee. We calculated the mandatory 1-year, 3-year, and 5-year state cost for every U.S. state — formation filing fee + annual report fees + fixed entity-level taxes — sourced directly from each Secretary of State.

Key finding: Montana's $35 filing fee makes it the cheapest to form, but 10 states with no annual report cost less over five years — including some with higher upfront fees.

Average 1-year mandatory cost
$223
formation + year 1 state fees
Average 5-year mandatory cost
$594
formation + 5 years of state fees
Cheapest state over 5 years
$50
Arizona
Most expensive over 5 years
$4,120
California

Key findings

Mandatory state costs only — formation fee + annual reports + fixed entity taxes. Optional costs (registered agent services, legal fees, business licenses) excluded.

Cheapest to own — 5 years
Arizona leads at $50 total
Most expensive to own — 5 years
California costs $4,120 over 5 years
Zero recurring costs
10 states charge nothing after you file

These states have no annual report and no flat entity-level tax. Your only mandatory state cost is the one-time formation fee.

The recurring-cost trap
States where recurring costs exceed the formation fee

A low filing fee doesn’t mean cheap long-term. These states cost more in annual fees over 5 years than they charged to form the LLC.

Cheapest to file (formation only)
5 states under $51 to file
Most expensive to file
Massachusetts charges $500 to form
Publication required
3 states require LLC publication
  • ArizonaAdd $1,000–$2,000+ in publication costs
    AZ
  • NebraskaAdd $1,000–$2,000+ in publication costs
    NE
  • New YorkAdd $1,000–$2,000+ in publication costs
    NY
No state income tax
10 states with no personal income tax

5-year LLC cost index

Sorted by lowest 5-year mandatory state cost. Costs = formation fee + (annual mandatory × 5). Biennial reports counted at half their fee per year. Optional costs (registered agent, legal) excluded.

↓ Download CSV
#StateFiling feeAnnual cost1-year total5-year totalSource
1Arizona$50$0$50$50Arizona Corporation Commission
2Mississippi$50$0$50$50Mississippi Secretary of
3Missouri$50$0$50$50Missouri Secretary of
4New Mexico$50$0$50$50New Mexico Secretary
5Ohio$99$0$99$99Ohio Secretary of
6Idaho$100$0$100$100Idaho Secretary of
7South Carolina$110$0$110$110South Carolina Secretary
8Iowabiennial$50$15/yr$65$125Iowa Secretary of
9Hawaii$51$15/yr$66$126Hawaii Department of
10Nebraskabiennial$100$6.50/yr$106.50$132.50Nebraska Secretary of
11Montana$35$20/yr$55$135Montana Secretary of
12Utah$59$18/yr$77$149Utah Department of
13Minnesota$155$0$155$155Minnesota Secretary of
14Pennsylvania$125$7/yr$132$160Pennsylvania Department of
15Colorado$50$25/yr$75$175Colorado Secretary of
16Indianabiennial$95$16/yr$111$175Indiana Secretary of
17Michigan$50$25/yr$75$175Michigan Department of
18Alabama$200$0$200$200Alabama Secretary of
19New Yorkbiennial$200$4.50/yr$204.50$222.50New York Department
20Oklahoma$100$25/yr$125$225Oklahoma Secretary of
21West Virginia$100$25/yr$125$225West Virginia Secretary
22Wisconsin$130$25/yr$155$255Wisconsin Department of
23Louisiana$100$35/yr$135$275Louisiana Secretary of
24Texas$300$0$300$300Texas Secretary of
25Georgia$100$50/yr$150$350Georgia Secretary of
26Vermont$125$45/yr$170$350Vermont Secretary of
27Virginia$100$50/yr$150$350Virginia State Corporation
28North Dakota$135$50/yr$185$385North Dakota Secretary
29Rhode Island$150$50/yr$200$400Rhode Island Secretary
30Wyoming$100$60/yr$160$400Wyoming Secretary of
31Kansas$160$50/yr$210$410Kansas Secretary of
32South Dakota$150$55/yr$205$425South Dakota Secretary
33Alaskabiennial$250$50/yr$300$500Alaska Department of
34New Jersey$125$75/yr$200$500New Jersey Division
35Connecticut$120$80/yr$200$520Connecticut Secretary of
36Illinois$150$75/yr$225$525Illinois Secretary of
37Washington$200$70/yr$270$550Washington Secretary of
38Maine$175$85/yr$260$600Maine Secretary of
39New Hampshire$100$100/yr$200$600New Hampshire Secretary
40Oregon$100$100/yr$200$600Oregon Secretary of
41Arkansas$45$150/yr$195$795Arkansas Secretary of
42Florida$125$138.75/yr$263.75$818.75Florida Department of
43Kentucky$40$190/yr$230$990Kentucky Secretary of
44North Carolina$125$200/yr$325$1,125North Carolina Secretary
45Maryland$100$300/yr$400$1,600Maryland State Department
46Tennessee$300$300/yr$600$1,800Tennessee Secretary of
47Delaware$110$400/yr$510$2,110Delaware Division of
48Nevada$425$350/yr$775$2,175Nevada Secretary of
49Massachusetts$500$500/yr$1000$3,000Massachusetts Secretary of
50Californiabiennial$70$810/yr$880$4,120California Secretary of

Formation filing fees, low to high

Each bar represents one state’s standard online filing fee. The spread is wider than most founders expect: Massachusetts costs 14.3× more than Montana to form. But formation fee alone is a poor proxy for long-term cost — see the 5-year index above.

Key insight for journalists and advisers

The cheapest state to form in is rarely the cheapest to own

10 states

charge nothing after the formation filing — $0 in annual mandatory state costs forever

California: $70 to form

but $4,120 in mandatory costs over 5 years

$371

average gap between 1-year and 5-year mandatory costs — what recurring fees add over time

Use this data

Cite or embed on your site

This dataset is released under CC BY 4.0 — free to use, share, and republish with attribution. Suitable for accounting firms, startup resources, university entrepreneurship programs, and business journalists.

Suggested citation
LLC State Guide (2026). U.S. LLC 5-Year Cost Index, 2026. Retrieved from https://llcstateguide.com/research/llc-fees-2026/
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Press inquiries: press@llcstateguide.com — custom data cuts, expert quotes, or methodology background within one business day.

Methodology

What we count as “mandatory cost”

We count only fees a state legally requires every LLC to pay, regardless of revenue or activity:

  • Formation filing fee— the state’s standard online Articles of Organization (or equivalent) fee.
  • Annual report fee — the mandatory recurring report filed with the Secretary of State. Biennial states (reports due every two years) are counted at half their fee per year to produce a per-year equivalent.
  • Fixed entity-level taxes— flat mandatory taxes that apply regardless of revenue. The model includes California’s $800 annual tax, Delaware’s $400 yearly LLC tax, and other fixed charges represented in the underlying state data.

What we exclude

  • Registered agent fees — these are commercially set, not state fees, and range from free (self-agent) to $300/yr.
  • Revenue-based taxes— Texas franchise tax, Washington B&O tax, Tennessee F&E tax, and similar taxes that depend on gross receipts or profit. These are noted in each state’s individual guide.
  • Publication costs— New York, Arizona, and Nebraska require newspaper publication. New York’s requirement can cost $1,000–$2,000+ depending on county.
  • California exceptions — the general first-year exemption applied only to tax years beginning in 2021 through 2023. The model includes the $800 annual tax for current formations and does not model fact-specific short-form cancellation or other exceptions.
  • Optional costs — legal fees, business licenses, state-specific permits, and similar items that vary by business type and location.

Data sources

Filing fees and annual report requirements were collected directly from each state’s Secretary of State (or equivalent agency) website. Where states offer multiple filing methods, the standard online fee is reported. Sources are linked in the data table above. Data was last verified in August 2026. We re-verify quarterly and immediately when a state announces a fee change.

License

Released under CC BY 4.0. Free to use, share, and republish with attribution.