How Much Does an LLC Cost in Missouri? (2024 Filing Fees)
Forming an LLC in Missouri costs around $50 for the initial filing, and there’s no annual report fee, making Missouri one of the cheapest states to form an LLC right now.
However, unlike in many states, Missouri requires you to file an Operating Agreement, ensuring your LLC’s structure and rules are clearly outlined.
But there are still some optional expenses to consider.
Depending on your needs, registered agent services can range from $100 to over $300. The costs can also increase if you plan to operate under a different name or need specific licenses.
How Much Does an LLC Cost in Missouri?
Starting an LLC in Missouri involves several costs. Here’s a breakdown of the key expenses you may encounter:
- Articles of Organization: $50 if filed online. If you file by mail, the cost is $105.
- Registered Agent Services: Depending on your chosen service provider, this can range from $100 to $300.
- LLC Name Reservation: If you decide to reserve your LLC name, it will cost $25.
- Certificate of Good Standing: This usually costs around $10.
- Doing Business As (DBA): Filing for a DBA can cost $7.
- Annual Report: Missouri does not require an annual report for LLCs; check for updates.
- Licenses and Permits: Costs vary greatly based on your business type and location. Check local regulations for specifics.
- Taxes: Missouri LLCs are subject to various state taxes. Consult a tax professional to understand the potential liabilities.
LLC Costs in Missouri (Formation Fees)
Below is a table showing the main requirements and associated fees for forming an LLC in Missouri.
Missouri LLC Requirements | Cost |
---|---|
LLC Business Name Search | $0 |
Articles of Organization | $50 |
Operating Agreement | $0 (with Northwest) |
EIN Number | $0 (free from IRS) |
Annual Report | $0 |
LLC Name Reservation Fee (optional) | $25 |
Missouri Certificate of Good Standing (optional) | $10 |
Foreign LLC Registration (optional) | $105 |
Fictitious Name (DBA) (optional) | $7 |
Taxes | Varies by business type |
State Business License Fees | Varies |
Registered Agent Services (optional) | $0-$125 (Northwest) |
LLC Formation Services (optional) | $39 |
Total LLC Costs in Missouri | $50 – $361 |
Missouri LLC filing fees table
Total LLC costs in Missouri range from $50 to $361. If you do everything yourself and skip the optional extras, you might only spend around $50. However, if you decide to pay for additional services and requirements, your costs could go up to between $200 and $361.
The first mandatory expense is the $50 fee for filing the Articles of Organization, which is essential for officially establishing your LLC. An Operating Agreement is mandatory and can be obtained using services like Northwest without cost. Notably, there is no annual report fee in Missouri.
Now, let’s discuss the optional costs.
Additionally, conducting an LLC business name search and obtaining an Employer Identification Number (EIN) from the IRS are free. However, reserving your LLC name typically costs $25.
You may also want a Missouri Certificate of Good Standing, which costs $10. Registering a foreign LLC in Missouri incurs a fee of $105. Operating under a different name (DBA) costs $7.
Regarding registered agent services, you can either act as your agent at no cost or hire a professional service, which typically ranges from $100 to $300.
Missouri LLC Business Name Search Cost ($0)
When starting your LLC in Missouri, checking the availability of your desired business name is an important first step. The good news is that this search is free of charge.
You can visit the Missouri Secretary of State’s website to perform your name search. Input the name you’re considering for your LLC. This step ensures that no one else uses the same name, which is crucial for your business identity.
If your first choice has already been taken, don’t worry. You can try different variations or combinations of words until you find an available name. This process allows you to be creative while ensuring compliance with state regulations.
Once you have the perfect name, you can officially file the Articles of Organization to register your LLC. Remember, it’s essential to choose a name that reflects your business and is easy for customers to remember.
Missouri Articles of Organization ($50)
To start an LLC in Missouri, you must file the Articles of Organization. This document officially creates your LLC. The filing fee for the Articles of Organization is $50 if you submit it online.
If you send it by mail, the fee increases to $105. This higher cost includes additional processing requirements, such as paper and postage.
The Missouri Secretary of State handles these filings. Once your application is approved, your LLC is legally recognized.
The Missouri LLC processing time varies by filing method. Online filings get approved immediately, while mail filings take 5-6 weeks, covering 3-4 weeks of processing time and 1-2 weeks of mail transit.
After filing, remember that you won’t face any annual fees just for having an LLC in Missouri. The one-time fee is all you pay to keep your business active, making it a cost-effective choice for entrepreneurs.
LLC Operating Agreement Cost in Missouri ($0 with Northwest)
In Missouri, creating an operating agreement for your LLC is not required by law. Yet, it is highly recommended. An operating agreement outlines how your LLC will operate and helps prevent conflicts.
You can create your operating agreement using Northwest Registered Agent for $0. They provide templates and guidance to help you draft the agreement for free, which can save you money if you are on a tight budget.
This document can add professionalism to your LLC and boost your credibility with banks and partners. It shows you are serious about your business.
Costs can increase if you decide to hire a lawyer or a service to draft your agreement. Many services charge between $0 to $300 for this task, depending on the complexity of your needs.
You can find Operating Agreement templates online through various websites that offer free downloads. Just be sure to review and customize the template to suit your specific business needs and legal requirements.
Missouri Registered Agent Fee ($0-$300/year)
When forming an LLC in Missouri, you need a Registered Agent. This person or service helps handle legal documents for your business.
You can choose to act as your Registered Agent for $0. Provide your name and address to do this. This method is cost-effective but may not offer privacy.
If you hire a professional Missouri registered agent, you can expect to pay between $100 and $300 annually. For example, LegalZoom charges about $249 annually, while ZenBusiness offers services for $199 annually.
Using Northwest Registered Agent has some benefits. They offer their service for free for the first year when you hire them to form your LLC. After that, their annual fee is $125, which is quite competitive.
EIN Cost in Missouri ($0 from the IRS website)
Getting an Employer Identification Number (EIN) for your LLC in Missouri is free. You can apply directly through the IRS, and there is no charge for the application.
The EIN is important for tax purposes and helps you manage your business finances. Here’s how you can obtain one:
Make sure that the person applying is authorized to receive the EIN. They should also be prepared to answer any questions related to Form SS-4, the application for the EIN.
An EIN is often necessary to open a business bank account and file taxes. Since it’s free, there’s no reason to delay this important step in forming your LLC.
Missouri Annual Report ($0)
In Missouri, there is good news regarding your LLC’s annual report. You are not required to file one, which means you can save on additional costs.
This lack of a filing requirement helps keep your expenses low. Many states charge annual fees or require regular reports, but Missouri does not. This feature can benefit new business owners who want to minimize startup costs.
Since you do not have to pay for an annual report, the only cost you will focus on is the initial filing fee. Starting your LLC in Missouri costs $50 if you file online. If you mail your documents, the cost goes up to $105.
LLC Name Reservation Fee in Missouri ($25)
When starting an LLC in Missouri, you may want to reserve your business name first. This gives you time to prepare without losing the name to someone else.
The name reservation fee is $25. This fee allows you to reserve your business name for up to 60 days.
If you decide to move forward with your LLC after reserving the name, you can use this same name in your formation documents. If you change your mind, the fee is non-refundable, so think carefully about your choice.
You can file the reservation online or by mail. Online reservations are usually quicker, while mail submissions may take longer.
To reserve your name, you’ll need to check its availability and ensure it’s not already used by another business. You can do this easily through the Missouri Secretary of State’s website.
Fictitious Name/DBA Cost in Missouri ($7)
If you want to operate your business under a name other than your legal business name in Missouri, you must register a fictitious name, also known as a DBA (Doing Business As). This registration is simple and low-cost.
The fee for filing a fictitious name in Missouri is $7. This small amount covers the processing of your application. You can pay this fee online or by submitting a paper form.
To get started, you need to complete the Fictitious Name Registration form. This form requires basic information like your business name and contact details. You can file this form online or send it by mail to the Missouri Secretary of State’s office.
Once your DBA is approved, it will be valid for five years. However, you must renew your registration after this period, and the renewal fee is $7.
Missouri Certificate of Good Standing ($10)
In Missouri, obtaining a Certificate of Good Standing for your LLC costs $10. This document proves that your business complies with state regulations.
If you choose to file by mail, be aware that there is an additional charge of $0.50 per page.
This certificate is important for various reasons. It confirms that your LLC has filed all necessary documents and paid the required fees. You might need this certificate when opening a business bank account, applying for loans, or entering contracts.
To get your Certificate of Good Standing, visit the Missouri Secretary of State’s website. Navigate to the “Business” section to find the online services available. Make sure all your filings are current to ensure a smooth application process.
Missouri Foreign LLC Registration Fee ($105)
To register a Foreign LLC in Missouri, you must pay a filing fee of $105. This fee applies when bringing an LLC formed in another state into Missouri.
You can file this application online or by mail. Filing online often speeds up the process. However, the fee remains the same, whether online or by mail.
Remember that a 2.15% fee is added to the $105 if you pay by credit card. Alternatively, if you use eCheck, a smaller fee of $0.50 applies.
To make your registration smooth, ensure you gather all the documents and information required for the filing. This includes providing your LLC’s name and details about its operations in Missouri.
Missouri State Business License Fee ($0)
In Missouri, businesses that sell tangible personal property or provide taxable services need a sales tax license. The good news is that this license is free to obtain.
While the license is free, you may need to secure a sales and use tax bond. This bond should equal three times your estimated monthly sales tax liability. The minimum fee for obtaining this bond starts at $25.
You typically apply to the Missouri Department of Revenue for a sales tax license. Provide accurate details about your business operations.
Even though the license is free, it’s important to keep track of your sales and tax obligations. Failure to comply could result in penalties or additional fees.
Missouri LLC Taxes (varies)
You will face several types of taxes when running an LLC in Missouri. These taxes can vary greatly based on your specific business situation.
- Federal Income Tax: This is generally 15.3%.
- State Income Tax: Rates range from 1.5% to 5.3%.
- Sales and Use Tax: This is set at 4.225%.
- Local Taxes: These vary by municipality.
- Other Taxes: This includes unemployment insurance and industry-specific taxes.
If your LLC has employees, you must also consider payroll taxes. Your taxes can differ significantly depending on your industry and business activity level.
- Business Taxes: These may include property taxes if your LLC owns real estate.
- Self-Employment Taxes: Applicable based on your earnings.
- Local Income Tax: This may apply depending on your location.
Your tax burden will depend on your LLC’s income and specific circumstances.
To ensure compliance, it is advisable to check with the Missouri Department of Revenue for detailed information and guidance on state tax requirements. Keeping accurate records and staying informed can help you manage your tax responsibilities effectively.
Missouri LLC reinstatement fee ($55)
If your LLC in Missouri has been dissolved, you can reinstate it by paying a fee of $55. This fee is specifically for the reinstatement process.
You may also need to cover additional fees, penalties, or interest. The total cost can vary depending on how long the LLC has been inactive.
Prepare these documents carefully to avoid delays. Once everything is ready, submit the forms and the $55 payment. After submission, your reinstatement typically takes a few weeks to process. Monitor your status to confirm that your LLC is active again.
Missouri LLC dissolution fee ($25)
When you decide to dissolve your LLC in Missouri, you must pay a dissolution fee of $25. This fee is required to process your LLC’s termination with the state officially.
To start, you must file an Article of Dissolution with the Missouri Secretary of State. This document declares that your LLC is no longer active. Make sure to complete it accurately to avoid any delays.
The dissolution fee payment options vary. You can pay by check, credit card, or other methods the state allows. Ensure that you follow the instructions on the filing form.
Missouri LLC Change of Registered Agent fee ($25)
Changing the registered agent for your LLC in Missouri involves a $25 fee. This fee applies whether you make the change online or by mail.
To initiate the change, you need to fill out the appropriate form. If you file online, you may need to pay a small processing fee.
The registered agent is important because they receive official documents for your business. It’s essential to keep this information up to date. A change might be necessary if your agent can no longer fulfill their duties or if you need to switch to a different person or company.
By maintaining accurate records, you can avoid missed communications from the state. This is vital for keeping your LLC in good standing.
What is the Cheapest Way to Start a Missouri LLC?
To start an LLC in Missouri, you can file the paperwork or hire a service. Filing it yourself is usually the most budget-friendly option. The state filing fee for the Missouri Articles of Organization is $50.
When you file independently, you save the cost of hiring an attorney or a service that assists with the filing process. This method means you can set up your LLC for just that $50 fee, making it the cheapest route.
If you want faster processing, you might consider paying more. For example, some services may expedite the process for an extra fee. While paying $50 can reduce the processing time to 4 to 6 days, it’s still more cost-effective to plan and file independently.
While filing on your own is cheaper, it has some downsides. You’ll need to handle all the paperwork and complete everything correctly. Mistakes could lead to delays or extra fees.
Using a registered agent service can help manage your LLC’s compliance, but it adds to the cost. Most basic services start around $39, which is still budget-friendly but higher than filing yourself.
Should You Use an LLC Formation Service in Missouri?
Choosing whether to use an LLC formation service in Missouri depends on your needs.
These services can simplify the process of setting up your LLC.
- Peace of Mind: Using a service like Northwest Registered Agent means experts handle your paperwork, allowing you to focus on your business without worrying about compliance issues. They help ensure you meet all state requirements.
- Privacy Benefits: Some services offer a registered agent to keep your address off public records, protecting your privacy—a valuable feature for many business owners.
- Avoid Paperwork Headaches: LLC formation services manage all forms for you, making the process smoother. They guide you through each step to ensure everything is done correctly.
Frequently Asked Questions
How much does it cost to have an LLC in Missouri?
To start an LLC in Missouri, you must pay a filing fee of $50 if you file online. If you choose to file by mail, the fee is $105. This is a one-time fee for filing the Articles of Organization.
How long does it take for LLC approval in Missouri?
The time it takes to form an LLC in Missouri varies by filing method. Online filings get approved immediately, while mail filings take 5-6 weeks, covering 3-4 weeks of processing time and 1-2 weeks of mail transit.
Is Missouri a good state to form an LLC?
Missouri offers several advantages for forming an LLC. The state has a relatively low filing fee, simple regulations, and a business-friendly environment. Additionally, there is no state minimum capital requirement for LLCs.
Do LLCs expire in Missouri?
LLCs in Missouri do not expire unless you choose to dissolve them or fail to comply with state requirements, such as not filing annual reports. It is important to maintain good standing to keep your LLC active.
Do I need a business license for an LLC in Missouri?
Forming an LLC does not automatically require a business license; depending on your type of business and location, you may need specific licenses or permits. It is essential to check local regulations.
What are the benefits of an LLC in Missouri?
Forming an LLC protects personal liability, separating personal assets from business debts. Additionally, LLCs offer flexibility in management and benefit from pass-through taxation.
How do I start an LLC in Missouri?
To start an LLC, you must file the Articles of Organization with the Missouri Secretary of State. You can do this online or by mail. After approval, you should create an operating agreement and apply for the necessary licenses.
How much does it cost to reinstate an LLC in Missouri?
If your LLC has been dissolved or administratively canceled, it costs $55 to file a reinstatement application in Missouri. You may also need to pay any outstanding fees or penalties.
How much does it cost to dissolve an LLC in Missouri?
To dissolve an LLC in Missouri, you must file the Articles of Termination with the Secretary of State. The filing fee for this process is $25. This fee covers the administrative costs of processing your dissolution request and officially removing your LLC from the state’s records.
Do I need to hire an attorney to form an LLC in Missouri?
Hiring an attorney is not required to form an LLC, but it can be helpful for complex situations. Consulting with a lawyer may save you time and trouble if you are unsure about legal requirements or processes.
Should I hire an LLC formation service in Missouri?
If you prefer assistance, an LLC formation service can simplify the process. These services typically handle paperwork and ensure compliance with state regulations, but they charge a fee in addition to state costs.
Are there penalties for paying my fees late in Missouri?
Yes, late payment of LLC fees can result in penalties. Missouri may charge interest on overdue fees, and repeated failures to comply can lead to the administrative dissolution of your LLC.
What happens if I do not file my Missouri LLC annual report?
If you do not file your annual report, Missouri may impose penalties and eventually dissolve your LLC. It’s important to file yearly to maintain good standing with the state.
Disclosure: We may earn commissions if you buy via links on our website. Commissions don’t affect our opinions or evaluations. We’re also an independent affiliate of many platforms, including ClickFunnels, Kartra, GoHighLevel, Podia, Northwest Registered Agent, and others. We’re not employees of these services. We receive referral payments from them, and the opinions expressed here are our own and are not official statements of these companies.