How Much Does it Cost to Incorporate in Each State? For the new small business owner, a common question is, “Where should I incorporate my business? Some entrepreneurs choose to form an LLC or incorporate their current address, while others opt for a business-friendly state like Delaware or the condition with the lowest fees. As you’ll see below, states vary when it comes to the formation and annual report fees. It’s appealing to choose the lowest costs available, but retain in mind that the cheapest state to form an LLC or a company won’t necessarily save you money.
When you include in one condition and then are literally located or do business in another condition, you’ll need to register in the other state as well. And that means paying those condition processing fees and fees. While smaller businesses will reap the benefits of incorporating or forming an LLC in the continuing state where they’re located, it’s always good to start to see the prices differences across the 50 states.
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To that end, here’s a compilation of the development and annual maintenance fees for every state. Which state do you think is the best to incorporate in, looking at the overall costs? Eventually, the continuing state you document your corporation or LLC in is your decision, however it …