What is the state filing fee to form an LLC in Massachusetts?

The one-time state filing fee to form an LLC in Massachusetts is $520.

Are there any annual fees for a Massachusetts LLC?

Yes, LLCs in Massachusetts are required to file an annual report with a fee of $500.

How long does it take to get an LLC approved in Massachusetts?

The official processing time for an LLC in Massachusetts is typically 1 business day.

Can I form an anonymous LLC in Massachusetts?

No, you cannot form an anonymous LLC in Massachusetts.

What are the main advantages of forming an LLC in Massachusetts?

LLCs offer several key advantages. They provide pass-through tax status by default, and using a registered agent service can help protect your personal information. Furthermore, online LLC filings are typically processed quickly, often in less than two business days.

What are the potential disadvantages of an LLC in Massachusetts?

Potential disadvantages include a high LLC registration fee of $500. Additionally, annual reports are mandatory and cost $500, with an extra $20 if filed online. Finally, all information on the Certificate of Organization becomes part of the public record.

Massachusetts LLC: Key Data, Fees & Features

Your complete overview of $Massachusetts LLC costs, pros & cons, and key regulations. Make an informed decision with our up-to-date data.

State Filing Fee

$520

Processing Time

1-1 days

Annual Report Fee

$500

Anonymous LLC

Publication

Advantages

LLCs provide pass-through tax status by default.
Using a registered agent service can help protect your personal information.
Online LLC filings are typically processed quickly, often in less than two business days.

Disadvantages

High LLC registration fee of $500.
Annual reports are mandatory and cost $500, plus an additional $20 if filed online.
All information on the Certificate of Organization becomes part of the public record.

Franchise Tax & State Requirements

Annual reports are due on the anniversary of your LLC’s formation date.

LLCs have pass-through tax status by default, so profits pass through the LLC to owners (members) and the LLC does not directly file income taxes. Owners instead report their share of LLC profits on their personal income tax returns, and those profits are subject to the federal self-employment tax rate (15.3%).