In Massachusetts, the cost of forming an LLC (limited liability corporation) online is $500. When submitting the LLC’s Certificate of Organization, this cost is paid to the Massachusetts Secretary of the Commonwealth.
Fee for Massachusetts LLC Online Filing: $500
The $500 charge to submit your LLC’s Certificate of Organization online with the Massachusetts Secretary of the Commonwealth is the primary expense of forming an LLC.
The annual report fee in Massachusetts is $500.
LLCs in Massachusetts must submit an annual report with the Secretary of the Commonwealth.
You may be your own registered agent in Massachusetts, but employing a registered agent service keeps your firm in compliance, informs you of critical filing dates, and helps you avoid late fines.
If you currently have an LLC established in another state and want to expand into Massachusetts, you must register your LLC as a foreign LLC in Massachusetts.
Depending on your industry and geographic area, your company may need federal, state, and municipal permits/licenses to operate lawfully in Massachusetts. This is true regardless of whether you create an LLC or another sort of company structure.
There are several extra costs involved with forming an LLC:
LLC Name Reservation: You may reserve your name for up to 60 days before forming an LLC by submitting an Application for Reservation of Name and paying the $30 filing fee. For an extra $30, the reservation may be extended for another 60 days.
“Doing Business As” (DBA) Name: In the city or cities where you conduct business, you apply for a business certificate, commonly known as a DBA. The filing cost varies according to region.
Certified Document Copies: Order certified copies of your Massachusetts business papers from the Secretary of the Commonwealth for $7 + $2 per page.
Certificate of Good Standing: A Massachusetts certificate of good standing may be obtained by contacting the Secretary of the Commonwealth and paying the $25 cost. Banks and lending institutions often demand a certificate of good standing.