new-site/docs/state-annual-fees-complete.md

Complete LLC Annual Maintenance Costs by State (2026)

Purpose: Comprehensive reference of ALL mandatory state-level fees to maintain an LLC in good standing. Goes beyond "annual report fees" to include franchise taxes, business licenses, privilege taxes, personal property returns, and other hidden/stacked fees.

Sources: LLC University (2026 data), individual state SOS/DoR websites, CA FTB, TX Comptroller, NV Secretary of State SilverFlume, MD SDAT, TN Secretary of State.

Last updated: 2026-04-01

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Master Fee Table

All amounts in USD. "Effective Annual" normalizes biennial fees to per-year equivalents. "Total Annual (min)" is the minimum a single-member LLC with no revenue pays per year.

State	Annual Report / Filing Fee	Franchise Tax	Business License	Other Mandatory Fees	Total Annual (min)	Due Date	Form Name
AL	$0 (included in BPT)	$0	$0	Business Privilege Tax: $50 min (based on net worth; max $15,000)	$50	Apr 15	Business Privilege Tax Return
AK	$100 (biennial)	$0	$0	$0	$50/yr	Jan 2 (even years)	Biennial Report
AZ	$0	$0	$0	$0	$0	N/A	N/A (no report required)
AR	$0 (combined)	$150	$0	$0	$150	May 1	Franchise Tax Report
CA	$20 (SOI, biennial)	$800	$0	LLC Fee if revenue >$250K (see below)	$810	Tax: Apr 15; SOI: biennial	Form 3522 + Statement of Information
CO	$25	$0	$0	$0	$25	Anniversary month (5-month window)	Periodic Report
CT	$80	$0	$0	Business Entity Tax: $250 (biennial, corps only — LLCs exempt)	$80	Mar 31	Annual Report
DE	$0 (no separate report)	$300	$0	$0	$300	Jun 1	Annual Franchise Tax
DC	$300 (biennial)	$0	$0	$0	$150/yr	Apr 1 (odd years)	Biennial Report
FL	$138.75	$0	$0	$0	$138.75	May 1	Annual Report
GA	$60 (Annual Registration)	$0	$0	$0	$60	Apr 1	Annual Registration
HI	$15	$0	General Excise Tax license: $20/yr	$0	$35	Anniversary quarter	Annual Report + GET License
ID	$0 (report required, no fee)	$0	$0	$0	$0	Anniversary month	Annual Report (no fee)
IL	$75	$0	$0	$0	$75	Anniversary month	Annual Report
IN	$30 (biennial)	$0	$0	$0	$15/yr	Anniversary month	Business Entity Report
IA	$30 (biennial)	$0	$0	$0	$15/yr	Apr 1 (odd years)	Biennial Report
KS	$50	$0	$0	$0	$50	Apr 15	Annual Report
KY	$15	$0	$0	$0	$15	Jun 30	Annual Report
LA	$35	$0	$0	$0	$35	Anniversary month	Annual Report
ME	$85	$0	$0	$0	$85	Jun 1	Annual Report
MD	$300 (combined AR + PPT)	$0	$0	Personal property tax if LLC holds tangible property in MD	$300	Apr 15	Annual Report & Personal Property Tax Return
MA	$500	$0	$0	$0	$500	Anniversary month	Annual Report
MI	$25	$0	$0	$0	$25	Feb 15	Annual Report
MN	$0 (report required, no fee)	$0	$0	$0	$0	Dec 31	Annual Renewal
MS	$0	$0	$0	Privilege tax for S-Corps only; LLCs exempt	$0	N/A	N/A
MO	$0	$0	$0	$0	$0	N/A	N/A (no report required)
MT	$20	$0	$0	$0	$20	Apr 15	Annual Report
NE	$13 (biennial)	$0	$0	$0	$6.50/yr	Apr 1 (odd years)	Biennial Report
NV	$150 (Annual List)	$0	$200 (State Business License)	$0	$350	Anniversary month	Annual List + Business License Renewal
NH	$100	$0	$0	$0	$100	Apr 1	Annual Report
NJ	$75	$0	$0	$0	$75	Anniversary month	Annual Report
NM	$0	$0	$0	$0	$0	N/A	N/A (no report required)
NY	$9 (biennial)	$0	$0	$0	$4.50/yr	Anniversary month	Biennial Statement
NC	$200	$0	$0	$0	$200	Apr 15	Annual Report
ND	$50	$0	$0	$0	$50	Nov 15	Annual Report
OH	$0	$0	$0	Commercial Activity Tax if revenue >$150K (0.26%)	$0	N/A	N/A (no report required)
OK	$25	$0	$0	$0	$25	Anniversary month	Annual Certificate
OR	$100	$0	$0	$0	$100	Anniversary month	Annual Report
PA	$7	$0	$0	$0	$7	Sep 30	Annual Report (new in 2025)
RI	$50	$0	$0	$0	$50	Feb 1 - May 1	Annual Report
SC	$0	$0	$0	$0	$0	N/A	N/A (unless LLC elects S-Corp)
SD	$55 (domestic)	$0	$0	$0	$55	Anniversary month	Annual Report
TN	$300 min ($300/yr for 1-6 members)	$0	$0	+$50/member over 6 (no cap)	$300	Apr 1	Annual Report
TX	$0 (PIR filing, no fee)	Franchise tax only if revenue >$2.47M	$0	Must file Public Information Report (no fee)	$0	May 15	Public Information Report
UT	$18	$0	$0	$0	$18	Anniversary month	Annual Report
VT	$45	$0	$0	$0	$45	Mar 15	Annual Report
VA	$50	$0	$0	$0	$50	Anniversary month	Annual Registration Fee
WA	$60	$0	$0	B&O tax is revenue-based, not a compliance fee	$60	Anniversary month	Annual Report
WV	$25	$0	$0	$0	$25	Jul 1	Annual Report
WI	$25	$0	$0	$0	$25	Anniversary quarter	Annual Report
WY	$60 min	$0	$0	Based on assets in WY (>$300K assets = higher fee)	$60	Anniversary month	Annual Report

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States Ranked by Total Annual Cost (Minimum)

Rank	State	Min Annual Cost	Notes
1	CA	$810	$800 franchise tax + $10/yr SOI; can reach $12,610 with LLC fee
2	MA	$500	Flat $500, no exemptions
3	NV	$350	$150 Annual List + $200 Business License
4	DE	$300	Flat $300 franchise tax
5	MD	$300	Combined AR + Personal Property Tax Return
6	TN	$300	$300/member (min $300); scales with members
7	NC	$200	Flat $200
8	DC	$150/yr	$300 biennial
9	AR	$150	Franchise Tax Report
10	FL	$138.75	Includes processing fee
11	NH	$100
12	OR	$100
13	AK	$50/yr	$100 biennial
14	ME	$85
15	CT	$80
16	IL	$75	Reduced from $250 in 2023
17	NJ	$75
18	GA	$60
19	WA	$60
20	WY	$60	Minimum; scales with WY assets
21	SD	$55
22	AL	$50	Minimum BPT; scales with net worth
23	KS	$50
24	ND	$50
25	RI	$50
26	VA	$50
27	VT	$45
28	HI	$35	$15 AR + $20 GET license
29	LA	$35
30	CO	$25
31	MI	$25
32	OK	$25
33	WV	$25
34	WI	$25
35	MT	$20
36	UT	$18
37	IN	$15/yr	$30 biennial
38	IA	$15/yr	$30 biennial
39	KY	$15
40	PA	$7	New annual report as of 2025
41	NY	$4.50/yr	$9 biennial
42	NE	$6.50/yr	$13 biennial
43-51	AZ, ID, MN, MS, MO, NM, OH, SC, TX	$0	No fee / no report or report with $0 fee

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Deep Dive: States with Hidden / Stacked Fees

California — Most Expensive ($810 minimum, up to $12,610+)

California has THREE separate mandatory filings for LLCs:

Filing	Fee	Due	Form
Annual Franchise Tax	$800/yr	April 15	Form 3522
Statement of Information	$20 (biennial)	Every 2 years	SI-LLC
LLC Fee (revenue-based)	$0-$11,790	June 15	Form 3536

LLC Fee schedule (Form 3536) — based on total annual gross receipts:

Gross Receipts	Additional LLC Fee
Under $250,000	$0
$250,000 - $499,999	$900
$500,000 - $999,999	$2,500
$1,000,000 - $4,999,999	$6,000
$5,000,000+	$11,790

Exemptions:

• First-year franchise tax waiver (AB85) — expired December 31, 2023
• No revenue exemptions for the $800 franchise tax — it is owed regardless of income or activity
• LLC Fee only applies if gross receipts exceed $250K
• LLCs that are dormant/inactive still owe $800/yr until formally dissolved

Total cost examples:

• Dormant LLC: $800 + $10/yr SOI = $810/yr
• LLC with $300K revenue: $800 + $900 + $10 = $1,710/yr
• LLC with $2M revenue: $800 + $6,000 + $10 = $6,810/yr
• LLC with $6M revenue: $800 + $11,790 + $10 = $12,600/yr

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Nevada — Deceptively Expensive ($350/yr)

Nevada markets itself as "no state income tax" but has one of the highest LLC maintenance costs:

Filing	Fee	Due
Annual List of Managers/Members	$150/yr	Anniversary month
State Business License Renewal	$200/yr	Anniversary month

Both are filed together as a single combined filing through SilverFlume portal. Total: $350/yr.

What's NOT charged:

• No state income tax
• No franchise tax
• No gross receipts tax for most businesses

Exemptions:

• None. Both filings are mandatory regardless of revenue or activity.
• Failure to file: $150 penalty on the Annual List + additional penalties on the license.

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Delaware — The "LLC Haven" ($300/yr)

Delaware is simple for LLCs — just one annual fee:

Filing	Fee	Due
Annual Franchise Tax	$300/yr	June 1

Key facts:

• This is a flat $300 for ALL LLCs regardless of size, revenue, or members
• Delaware does NOT require LLCs to file an annual report (unlike corporations)
• No state income tax on out-of-state income
• The $300 is specifically an "Alternative Entity Tax" for LLCs, LPs, and GPs formed in Delaware

Exemptions:

• None. $300 is owed regardless of revenue or activity.

Hidden costs for non-DE residents:

• You MUST maintain a registered agent in Delaware (~$50-$300/yr from third parties)
• If you operate in another state, you also need to register as a foreign LLC there (additional fees)

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Texas — Cheapest Large State ($0 for most)

Filing	Fee	Due
Public Information Report (PIR)	$0	May 15
Franchise Tax Return	$0 if revenue < $2.47M	May 15

Franchise Tax details (only if revenue > $2.47M):

• 0.375% of taxable margin for wholesalers/retailers
• 0.75% of taxable margin for all other businesses
• 0.331% of total revenue (EZ computation method)
• Threshold adjusted every 2 years per TX Tax Code 171.006

Exemptions:

• LLCs with less than $2.47M annual revenue: exempt from franchise tax (just file PIR)
• No-tax-due threshold means most small LLCs pay $0

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Tennessee — Per-Member Pricing ($300 minimum)

Filing	Fee	Due
Annual Report	$300 (1-6 members)	April 1
Annual Report	$300 + $50/member over 6	April 1

Fee examples:

• 1 member: $300
• 6 members: $300
• 7 members: $350
• 10 members: $500
• 20 members: $1,000

Note: There is NO statutory cap on the per-member fee. An LLC with 100 members would pay $300 + (94 x $50) = $5,000/yr.

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Maryland — The Personal Property Trap ($300/yr)

Filing	Fee	Due
Annual Report + Personal Property Tax Return	$300	April 15

Key facts:

• The "Annual Report" in Maryland is actually a Personal Property Tax Return filed with the State Department of Assessments and Taxation (SDAT)
• ALL Maryland LLCs must file the Annual Report
• The Personal Property Tax Return portion is required if the LLC owns, uses, or leases personal property in Maryland, OR has a trader's license
• Additional personal property taxes may be owed beyond the $300 filing fee depending on the value of tangible personal property

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Massachusetts — Highest Flat Report Fee ($500/yr)

Filing	Fee	Due
Annual Report	$500	Anniversary month

Key facts:

• $500 is the highest flat annual report fee in the nation
• No exemptions, no reduced rate for small businesses
• Penalty for failure to register a foreign LLC: additional $500/yr per year not registered
• There is no escape: forming in WY/NV and operating in MA requires foreign LLC registration ($500/yr to MA) PLUS the home state's fees

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Alabama — Variable Privilege Tax ($50 minimum)

Filing	Fee	Due
Business Privilege Tax	$50 minimum	April 15

How it works:

• Tax is based on LLC's net worth apportioned to Alabama
• Rate: $0.25 per $1,000 of net worth
• Minimum: $50
• Maximum: $15,000
• Most small LLCs with minimal net worth pay only $50

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Wyoming — Asset-Based Scaling ($60 minimum)

Filing	Fee	Due
Annual Report	$60 minimum	Anniversary month

How it works:

• $60 flat fee if LLC assets in Wyoming are $300,000 or less
• If assets exceed $300,000, fee increases (calculated based on asset value)
• No state income tax
• Popular for holding companies and asset protection LLCs

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Illinois — Recently Reduced ($75/yr)

Filing	Fee	Due
Annual Report	$75	Anniversary month

History: Illinois reduced its LLC annual report fee from $250 to $75 effective January 1, 2023. This made Illinois significantly more competitive.

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North Carolina — Quietly High ($200/yr)

Filing	Fee	Due
Annual Report	$200	April 15

NC's $200 annual report is one of the higher flat fees but doesn't get the same attention as CA or MA. No additional franchise tax for LLCs.

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States with $0 Annual Cost

These 9 states have NO mandatory annual fees for LLCs:

State	Details
Arizona	No annual report required, no fee
Idaho	Must file annual information report, but $0 fee
Minnesota	Must file annual renewal, but $0 fee
Mississippi	No annual report required ($0); privilege tax applies only to S-Corps, not LLCs
Missouri	No annual report required, no fee
New Mexico	No annual report required, no fee
Ohio	No annual report required; Commercial Activity Tax only applies if revenue >$150K
South Carolina	No annual report unless LLC elects S-Corp tax treatment
Texas	Must file Public Information Report ($0 fee); franchise tax only if revenue >$2.47M

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Fee Type Glossary

Fee Type	Description	States That Charge It
Annual Report	Basic filing to update state records (name, address, members, RA)	Most states
Franchise Tax	Tax on the privilege of existing as an entity in the state; NOT based on income	CA ($800), DE ($300), AR ($150)
Business License	State-level license to operate any business	NV ($200)
Annual List	Filing listing members/managers; separate from annual report in some states	NV ($150)
Business Privilege Tax	Tax on privilege of doing business; calculated on net worth	AL ($50 min)
Personal Property Tax Return	Return declaring tangible property owned; required even if $0 owed	MD ($300)
LLC Fee	Additional fee based on gross receipts / revenue	CA ($0-$11,790)
Public Information Report	Informational filing with no fee	TX ($0)
Periodic Report	Same as annual report, just named differently	CO ($25)

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Exemptions Summary

Revenue-Based Exemptions

• Texas: Franchise tax exempt if revenue < $2.47M (threshold adjusted biennially)
• California: LLC Fee (Form 3536) exempt if gross receipts < $250K (but $800 franchise tax always applies)
• Ohio: Commercial Activity Tax exempt if revenue < $150K
• Alabama: Minimum $50 BPT regardless of revenue; scales with net worth not revenue

Entity Type Exemptions

• Connecticut: Business Entity Tax ($250 biennial) applies to corps only, NOT LLCs
• Mississippi: Privilege tax applies to S-Corps only; LLCs taxed as partnerships/sole props are exempt
• South Carolina: Annual report only required if LLC elects S-Corp tax treatment

First-Year Exemptions

• California: First-year franchise tax waiver (AB85) expired December 31, 2023 — no longer available
• Most states do NOT offer first-year waivers

New Business / Small Business Exemptions

• No states offer blanket small business exemptions for annual compliance fees
• Fees are generally owed regardless of revenue, profit, or activity level
• The only "exemptions" are revenue thresholds (TX, CA, OH) that waive ADDITIONAL taxes, not the base filing

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Data for PW Annual Reports Service Pricing

Our Annual Reports service charges $99/yr per state as a service fee. State fees are pass-through.

Client total cost = $99 (PW service) + state fee (from table above)

Cost Tier	States	Client Total (PW + state)
$99 only (no state fee)	AZ, ID, MN, MS, MO, NM, OH, SC, TX	$99
Under $150 total	NY, NE, PA, IN, IA, KY, HI, MT, UT, CO, MI, OK, WV, WI, LA	$103.50 - $134
$150-$199 total	VT, KS, AK, ND, RI, VA, SD, WA, GA, WY, IL	$144 - $174
$200-$299 total	CT, ME, NJ, OR, NH, FL, AR, DC	$179 - $249
$300+ total	NC, DE, MD, TN, NV, MA, CA	$299 - $909

High-Cost State Warnings for Clients

When a client selects annual report service for these states, display a cost breakdown:

• CA: "$99 service + $800 franchise tax + $20 SOI = $919 minimum"
• MA: "$99 service + $500 state fee = $599"
• NV: "$99 service + $350 state fees = $449"
• DE: "$99 service + $300 franchise tax = $399"
• MD: "$99 service + $300 state fee = $399"
• TN: "$99 service + $300 state fee = $399 (1-6 members)"
• NC: "$99 service + $200 state fee = $299"

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Changelog

• 2026-04-01: Initial comprehensive version with all fee categories, exemptions, and hidden fees
• Source data from LLC University (updated July 2025 for 2026 fees), cross-referenced with state SOS websites