Tennessee LLC: Key Data, Fees & Features
Your complete overview of $Tennessee LLC costs, pros & cons, and key regulations. Make an informed decision with our up-to-date data.
State Filing Fee
$309
Processing Time
1-1 days
Annual Report Fee
$300
Anonymous LLC
No
Publication
No
Advantages
- Business-Friendly Reputation
- No State Personal Income Tax
- Pass-Through Taxation
- Strong Local Ecosystem
Disadvantages
- Franchise & Excise Taxes
- Less Privacy
Franchise Tax & State Requirements
For an LLC with six members or fewer, it costs $300 to file. For every additional member after six, it costs an extra $50, although $3,000 is the maximum amount any LLC has to pay.
Tennessee LLC’s default tax status is pass-through entity, which means the profits pass through the LLC and get distributed to the members. Those members are then obligated to report the profits on their personal tax filings. At the federal level, LLCs must pay a 15.3% self-employment tax rate.
Frequently Asked Questions
Transparency & Data Sources
This review was last updated on $September 7, 2025 to ensure accuracy.
Information Sources:
Recommended Agents for Tennessee
Northwest
- LLC formation
- Registered Agent service for the first year
Bizee
- Free 1st Year Registered Agent Service
- Articles of Incorporation
Inc Authority, LLC
- Business Name Check
- Preparation & Filing of Formation Documents
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Our Commitment to Data Accuracy
Data on this page is manually collected and verified quarterly to ensure accuracy.See our full methodology.