South Carolina LLC$110$0 (no fee and no information report, unless LLC is taxed as an S-Corp )South Dakota LLC$150$50 (every year)Tennessee LLC$300$300 (every year)Texas LLC$300$0 for most LLCs (however a No Tax Due Report and Public Information Report must be filed every year)Utah...
South Carolina LLC $110 $0 (no fee and no information report, unless LLC is taxed as an S-Corp ) South Dakota LLC $150 $50 (every year) Tennessee LLC $300 $300 (every year) Texas LLC $300 $0 for most LLCs (however a No Tax Due Report and Public Information Report must be filed...
LLC Annual Report Due:None Corp Annual Report Due:Anniversary Date Corporate Tax:1% to 6.5% Arkansas Speedy Facts Formation Filing Fee:$45 (online) Agency:AR Business Commercial Services Online Filing:Yes Filing Time:4 Days Expedite:No
For example, if your LLC was approved in May, 2025, your first $800 Annual Franchise Tax report is due by August 15, 2025. After that, your ongoing Annual Franchise Tax is due every year by April 15th –starting the year after your LLC is formed). The first payment used to be waived...
Failure to file the tax form, even if no fee is due, can lead to tax penalties and revocation of the LLC’s articles. Reply Matt Horwitz February 22, 2023 Chris, thanks so much for your comment! We’ll review this and get things updated shortly. Reply Theresa February 24, 2021 Hi...
Arkansas pairs its annual report with an annual franchise tax. Some states, like Washington and Nevada also require LLCs to file an initial report. This is a report due upon or shortly after starting your business. And of course, states have their own LLC tax requirements, from informational...
Forming an LLC is no doubt cost-effective compared to other business structures. However, the fees and charges (tax-deductible) that you must pay to the state, such as name reservation fee, name filing fee, LLC filing fee, and Franchise Tax & Sales Tax (If applicable). Here are the ...
This is a report due upon or shortly after starting your business. And of course, states have their own LLC tax requirements, from informational filings to franchise taxes. Learn about Business Renewals & Reports.Why Have a Registered Agent Form Your LLC? Professionals hire registered agent ...
Arkansas pairs its annual report with an annual franchise tax. Some states, like Washington and Nevada also require LLCs to file an initial report. This is a report due upon or shortly after starting your business. And of course, states have their own LLC tax requirements, from informational...
An LLC will also have an independent and exclusive business name, which means that once incorporated no other business within that state can use the same name. Alimited liability companyalso has tax advantages. LLC is taxed as a pass-through entity, making it easy to pay self-employment tax...