How Much Does an LLC Cost in Oregon? (Filing Fees 2024)

The initial filing fee to set up your Oregon LLC is $100, which includes filing the Articles of Organization with the Secretary of State and $100 for the annual report.

But that’s not all.

You’ll also need to factor in additional costs, such as registered agent services, an LLC name or DBA (Doing Business As), certificate of existence, business licenses, and taxes.

As you read, you’ll get all the details on fees, potential surprises, and tips to keep your Oregon LLC setup affordable.

How Much Does an LLC Cost in Oregon?

Starting an LLC in Oregon involves several costs. The primary fee is $100 for filing the Articles of Organization, a one-time fee paid to the Oregon Secretary of State, plus another $100 for the annual report.

After you file the Articles, you may encounter additional expenses such as:

• Certificate of Existence: This document verifies your LLC’s good standing and costs $10.
• Registered Agent Service: Many LLCs hire a registered agent to handle official documents, costing between $100 and $300 annually.
• Business Licenses: Depending on your business type and location, you might need a business license, with fees varying widely based on local regulations.
• Taxes: Oregon LLCs typically face state taxes. Since LLCs are pass-through entities, profits flow through to your tax return, so be mindful of your income tax obligations.

LLC Costs in Oregon (Formation Fees)

Here is a table outlining the key costs associated with forming an LLC in Oregon:

Oregon LLC Requirements	Cost
LLC Business Name	$0
Oregon Articles of Organization	$100
Operating Agreement (optional)	$0 (with Northwest)
EIN Number	$0 (free from IRS)
Annual Report	$100/annually
LLC Name Reservation Fee (optional)	$100
Certificate of Existence (optional)	$10
Foreign LLC Registration (optional)	$275
Fictitious Name (DBA) (optional)	$50
Taxes	Varies
Oregon Business License and Permit Fees	Varies
Registered Agent Services (optional)	$0-$125 (Northwest)
LLC Formation Services (optional)	$39
Total LLC Costs in Oregon	$200 – $799

Total LLC costs in Oregon range from $200 to $799. If you do everything yourself and skip the optional extras, you might only spend around $200. However, if you decide to pay for additional services and requirements, your costs could go up to between $600 and $799.

The first mandatory expense is the $100 fee for filing the Articles of Organization, which is essential for officially establishing your LLC. Additionally, you’ll need to budget for the annual report, which costs $100 each year.

Now, let’s discuss the additional costs.

Obtaining an Employer Identification Number (EIN) is free from the IRS, and an LLC business name costs $0. An Operating Agreement is recommended but can be obtained at no cost using services like Northwest. If you want to reserve your LLC name, that will cost you $100.

You may also want to obtain a Certificate of Existence for $10. If you plan to register a foreign LLC in Oregon, that incurs a fee of $275. If you wish to operate under a different name (DBA), you must pay an additional $50.

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, depending on the provider. If you choose to use an LLC formation service, that typically costs around $39. Also, remember that taxes, Oregon business licenses, and permit fees can vary based on your business activities.

Understanding these mandatory and optional costs will help you budget effectively as you embark on your business journey in Oregon.

Oregon LLC Business Name Cost ($0)

When starting an LLC in Oregon, you don’t have to pay a fee to choose your business name. This may be good news if you plan to set up a company.

You should ensure your desired name is unique and has not been taken by another business. To do this, you can check the Oregon Secretary of State’s business name database online. This step is essential because it helps you avoid any potential legal issues.

Remember, to meet state requirements, your business name must end with “LLC” or “Limited Liability Company.” This designation informs the public of your business structure.

Choosing a name for your LLC is a crucial step. It should reflect your company’s purpose and values. Spend some time brainstorming and researching options that feel right for you.

Oregon Articles of Organization ($100)

To form an LLC in Oregon, you must file the Articles of Organization. This is an essential step in officially registering your business.

The filing fee for this document is $100. This is a one-time fee, meaning you don’t have to pay it again to maintain your LLC.

The Oregon LLC processing time can vary. If you file online, the timeline is 2-3 business days, while mail filings typically take 6-8 weeks.

Submitting your Articles of Organization is straightforward. Once your application is approved, your LLC will be officially created.

Remember to have all the necessary information ready when you file. This includes details like your business name, registered agent, and the purpose of your LLC.

LLC Operating Agreement Cost in Oregon ($0 with Northwest)

Creating an operating agreement for your LLC is important. It outlines the management and ownership structure of your business. In Oregon, you can draft this document yourself at no cost.

However, if you prefer assistance, some services offer templates. One option is Northwest Registered Agent. When you use their LLC formation service, they provide an operating agreement for $0.

Here’s what you can expect when choosing this service:

• Cost: $0 when you register your LLC with Northwest.
• Customization: The document can be tailored to suit your specific needs.
• Support: They may offer help if you have questions while drafting.

Having a well-written operating agreement is beneficial. It can help prevent conflicts among members and outline procedures for making decisions.

If you want professional help, consider the potential costs of using a lawyer. While it’s more expensive, it ensures that your agreement meets all legal requirements.

Oregon Registered Agent Fee ($0-$300/year)

When forming your LLC in Oregon, you need a registered agent. This person or service receives legal documents for your business.

You have two main options for a registered agent: do it yourself or hire a service. There’s no fee if you choose to be your registered agent. You simply need to provide your name and address.

Using a professional Oregon registered agent service typically costs between $100 and $300 per year. These services help protect your privacy and offer additional support. For instance, LegalZoom charges around $249 annually, and ZenBusiness offers services for $199.

If you consider Northwest Registered Agent, they have a great deal. They provide free registered agent services for the first year if you hire them to start your LLC. After the first year, their renewal fee is $125, which is competitive.

Hiring a service could be expensive if you prefer privacy and support. If you don’t mind being your agent, you can save money with no fee.

EIN Cost in Oregon ($0 from the IRS website)

Getting an Employer Identification Number (EIN) for your LLC in Oregon is free. The IRS does not charge any fees for obtaining an EIN. This number is essential for various business activities, like opening a bank account or filing taxes.

To apply for your EIN, you can visit the IRS website. The application is straightforward and can be completed online.

Remember, an EIN is vital for tax purposes and other business activities. Having it secured at no cost makes it easier for you to start your venture.

Oregon Annual Report Fee ($100)

In Oregon, you are required to file an annual report for your LLC. This report ensures that your business information is up to date. The fee for filing the annual report is $100.

You need to submit this report every year on the anniversary date of your original filing. It is essential to stay on schedule to avoid late fees. The state sends a renewal notice about 45 days before your due date. This gives you time to prepare and file without rushing.

Filing your annual report is straightforward. You can complete it online through the Oregon Secretary of State’s website, and the process typically takes only a few minutes.

Remember, keeping your LLC active requires complying with this annual requirement. If you fail to file on time, you could face penalties or complications with your business status.

Fictitious Name/DBA Cost in Oregon ($50)

In Oregon, if you want to operate your business under a name other than your legal name, you must file for a DBA, also known as a fictitious name. The cost for this registration is $50.

This $50 fee applies whether you file online or by mail. The process is straightforward. First, you fill out the Assumed Business Name Registration Form, which is available on the Oregon Secretary of State’s website.

Once you submit your application and the fee, you will be allowed to use your chosen name.

It’s important to note that you must renew your DBA every two years, which costs $50. If you ever need to change or withdraw your DBA, complete additional forms and pay related fees.

LLC Name Reservation Fee in Oregon ($100)

In Oregon, reserving your LLC name is important before officially filing your business documents. You can reserve your chosen name for a fee of $100 to ensure it is available.

This fee secures the name for a specific period, usually 120 days. Nobody else can register a business using the same name during this time. This can be helpful if you need time to prepare your filings or other business tasks.

To reserve a name, you must file an application with the Oregon Secretary of State. This process is often convenient, as it can often be done online.

Oregon Certificate of Existence ($10)

Obtaining a Certificate of Existence for your LLC costs $10 in Oregon. This document is sometimes referred to as a Certificate of Good Standing. You can get this certificate online through the Oregon Business Registry.

The process is fast. You can usually receive the certificate in just a few minutes.

You might need this certificate when dealing with banks, lenders, or other institutions. It proves that your LLC is active and compliant with state regulations.

If you prefer, you can also order the certificate by mail or fax. Just make sure to include the payment to avoid delays.

Oregon Foreign LLC Registration Fee ($275)

If you want to register a foreign LLC in Oregon, you need to budget for a fee of $275. This fee is required when you file an Application for Authority to Transact Business with the Oregon Secretary of State.

When registering, consider these key points:

• Filing Fee: The core fee is $275. This must be paid upfront.
• Registered Agent: You must appoint a registered agent in Oregon. This agent will handle legal documents for your LLC.
• Certificate of Existence: You must provide a Certificate from your home state. This shows that your LLC is active where it was formed.

All fees are nonrefundable, so ensure your application is complete before submission. If you fail to pay the fee or complete the paperwork, your application may be delayed or denied. Next, appoint a registered agent in Oregon to handle legal documents for your foreign LLC.

Check the Oregon Secretary of State’s website for the most current information and instructions on foreign LLC registration. This will help you avoid mistakes and ensure a smooth process.

Oregon Business License and Permit Fees (varies)

In Oregon, the landscape of business licenses and permit requirements can be quite diverse, depending on where your LLC operates and your industry. You might navigate a maze of permits, from essential City Business Permits to specialized industry-specific licenses.

The costs for these licenses and permits can fluctuate widely, influenced by your exact location and the type of business you run. While many of these fees are relatively modest, the complexity of requirements can add up. Some licenses and permits are handled at the state level, but many are issued by local municipalities—whether it’s your city, town, or county.

This means you could deal with many local regulations, each with its fees and paperwork.

Oregon LLC Taxes (varies)

The taxes for an Oregon LLC can vary significantly based on several factors, so the annual cost can differ widely. LLC owners may be responsible for a range of taxes, including:

• Federal Taxes: Depending on your LLC’s classification, you may need to file federal income taxes.
• State Income Tax: Oregon LLCs are subject to state income tax based on their earnings.
• Local Income Tax: Some local jurisdictions impose income taxes on businesses.
• Business Taxes: This includes various fees and taxes specific to your business operations.
• Self-Employment Taxes: LLC owners who are active in the business must pay self-employment taxes.
• Sales and Use Tax: If your LLC sells goods or services, you may need to collect and remit sales tax.
• Payroll Tax: If your LLC has employees, you must pay federal payroll taxes and possibly state unemployment insurance tax.
• Property Tax: If your LLC owns property, you’ll be responsible for property taxes.

By default, LLCs do not pay taxes themselves. Instead, the LLC members report any income or losses on their personal 1040 tax returns, paying taxes on any LLC profits. This is due to LLC pass-through taxation, where the responsibility for reporting tax information passes from the LLC to its members.

Oregon LLC Reinstatement Fee ($100)

If your LLC in Oregon has become inactive, you might need to reinstate it. The reinstatement fee for an Oregon LLC is $100.

This fee is the same regardless of how long your business has been inactive. Additionally, if your LLC fails to file annual renewals, you will owe $100 for each year of missed filings. This can add up quickly, so it’s important to act promptly.

When you apply for reinstatement, the time it takes to process it depends on how you submit your application. If you file online, expect it to be processed within 1 to 2 business days. Those who prefer to file in person may receive processing in as little as 1 hour.

Complete all your paperwork to avoid delays. You can submit your reinstatement application online through the Oregon Secretary of State’s website or by visiting their office directly.

This fee may seem straightforward, but keeping track of your annual renewals can prevent unnecessary charges. By staying proactive, your LLC can remain in good standing with the state.

Oregon LLC dissolution fee ($100)

When you dissolve your LLC in Oregon, you must pay a $100 fee. This fee must be submitted with the appropriate paperwork to complete the dissolution process.

First, you must fill out the proper form for dissolving an LLC. This can usually be done online or by submitting a paper form. Make sure you meet all requirements before submitting.

In addition to the filing fee, you can request a confirmation copy for an extra $5. This copy serves as proof that your LLC is now inactive. It can be helpful for your records.

Your registered agent may assist you with the dissolution process. They have experience and can guide you through the necessary steps.

Remember that even after dissolving your LLC, you remain responsible for filing any outstanding taxes. If you have employees, you must close your Business Identification Number (BIN).

Oregon LLC Change of Registered Agent fee ($0)

Changing the registered agent for your LLC in Oregon does not cost anything, and this is a beneficial feature for business owners who need flexibility.

You can easily update your registered agent without worrying about additional fees. The process typically involves filling out a form and submitting it to the Oregon Secretary of State.

A registered agent is crucial for your LLC. They handle legal documents and official communication for your business. The new agent must meet state requirements if you need to change your agent.

Remember that the new registered agent must have a physical address in Oregon. This ensures that they can receive important documents.

What is the Cheapest Way to Start an Oregon LLC?

Starting an LLC in Oregon can be done in several ways. The most common methods include filing the necessary paperwork or using an LLC formation service. Each method has its pros and cons.

If you file the Articles of Organization independently, you will pay the state filing fee of $100. This is the most cost-effective option because you only incur the state fee without additional service charges. You can complete the paperwork online through the Oregon Secretary of State’s website.

Alternatively, consider using a service like ZenBusiness, which offers a $0 + state fee package. While this can sound appealing, you still need to pay the $100 filing fee. These services can help with organization but may charge for added features, raising your total cost.

The downside of a formation service is that it can lead to higher costs, especially if you select extra features like registered agent services or expedited filing.

The cheapest way to start your LLC in Oregon is to file the Articles of Organization, paying just the $100 state fee. This way, you avoid the extra costs associated with third-party services while ensuring your business is properly set up.

Should You Use an LLC Formation Service in Oregon?

Deciding whether to use an LLC formation service in Oregon is an important choice. These services can save time and help you navigate the complex paperwork to start your business.

• Privacy Benefits: A service like Northwest Registered Agent keeps your personal information off public records by serving as your registered agent, a significant advantage for many new business owners.
• Peace of Mind: Professional assistance ensures you don’t worry about handling paperwork or missing important deadlines. An LLC formation service helps you stay compliant with state regulations without the stress of managing forms and filings.
• Free Access to Experts: Many formation services offer free access to LLC formation experts and attorneys, providing tailored advice that can be invaluable as you start your business.

Of course, using these services involves fees. Depending on the provider and their packages, costs can start at around $39 but may increase with additional services. If you’re comfortable with the process, this can be more than handling everything yourself.

A formation service can make your journey smoother and less stressful, especially if you’re new to starting a business. It’s essential to weigh the benefits against the costs to make the best choice for your situation.

FAQs on Oregon LLC Cost

Do I need an Oregon address for an LLC?

When forming an LLC in Oregon, you must provide a physical address. This address will be used for legal notifications and must not be a P.O. box.

Do I need a business license if I have an LLC in Oregon?

Oregon doesn’t require a general state-level business license, but you’ll probably need at least one license or permit for your LLC. Depending on your industry, you might need specific occupational or professional licenses, and many cities and counties in Oregon have their local license requirements.

Do I need to hire an attorney to form an LLC in Oregon?

Hiring an attorney is not required to form an LLC in Oregon. Many people choose to file the necessary paperwork themselves. However, consulting an attorney can help ensure compliance with all laws and regulations.

Should I hire an LLC formation service in Oregon?

Using an LLC formation service can simplify the process. These services often provide guidance, ensure proper paperwork is filed, and help you meet state requirements, making it a valuable option for many new business owners.

Are there penalties for paying my fees late in Oregon?

If you fail to pay your fees on time, your LLC may incur late fees, jeopardizing your business status. Keeping up with all filing and payment deadlines is essential to avoid penalties.

What happens if I do not file my Oregon LLC annual report?

If you do not file your annual report, your LLC could be administratively dissolved. This means you would lose your LLC status, and you may need to go through the reinstatement process to regain it.