Overview of Fees
It costs $125 to form an LLC in PA. This fee is for the Certificate of Organization filed with the Pennsylvania Department of State. Depending on your company, your LLC may need business insurance. All Pennsylvania LLCs pay $7 per year for the Annual Report to keep your LLC in good standing. You may also have an annual fee for a Registered Agent service, usually about $125 per year.
Fast Track and Additional Expenses
If forming a Pennsylvania LLC next year, explore the fast Pennsylvania LLC service 2024 to streamline the process and reduce costs. When considering forming a Pennsylvania LLC in 2023, account for expenses like business filing fees which vary by LLC type and services required.
Detailed LLC Costs Overview
- How Much Is an LLC in Pennsylvania?
- Cost to Create an LLC: Compulsory Fees
- Pennsylvania LLC Filing Fee: $125
- LLC Registered Office Fee: $0 to $150
- Pennsylvania Decennial Report: $70
- Foreign LLC Cost in Pennsylvania: $250
- Professional LLC Price in Pennsylvania: $150 + License Fee
- Annual Report for Restricted Professionals: $560 per Member
- Business License Cost in Pennsylvania: Varies by Locality
- Pennsylvania LLC Tax Rates
- Other Pennsylvania Costs
Additional Registration Information
You form a Pennsylvania LLC by filing a certificate of organization for a $125 fee using PENN File. For a certified copy add $125. To hold your LLC name before registering costs $70.
The legal structure impacts overall costs to establish and operate a company. Taxes vary based on structure. An LLC is privately held while a C-corporation is publicly traded.
Cost-Saving Tips
Opening a Pennsylvania LLC is relatively low cost. The average across states is $50 to $500. I advise using the standard filing process and an online template to draft the operating agreement.
Fee Breakdown
- LLC Formation Filing Fee ($125 – Mandatory)
- Registered Agent Service Fee ($80-$300 – Optional)
- Name Reservation Fee ($70 – Optional)
Beyond state fees, costs include legal help for the certificate and operating agreement and a registered agent.
Tax Classification
Single-member LLCs are “disregarded entities” and multi-member LLCs are considered partnerships for tax purposes. To register your business for state tax and employer accounts, complete the PA-100 online.
Initial Filing and Reservation
It will cost $125 to file your Certificate of Organization with the Pennsylvania Department of State, regardless of whether you submit it online or by mail.
To reserve a name for your LLC, the fee is $70.
Processing Times
The document processing and formation of an LLC may take up to 15 business days in PA when filed electronically. If you mail them, it may take up to six weeks for approval of an LLC application.
Required Steps for Formation
Pennsylvania law requires entities to provide an official mailing address or registered office in Pennsylvania capable of accepting lawsuits and other legal documents on the LLC’s behalf.
Choosing a proper name for your LLC is the first step. Every LLC registered in Pennsylvania must have a name distinguishable from other business names.
Legal Considerations
Considering Pennsylvania’s legal landscape, forming an LLC provides liability protection and tax efficiency, suitable for many small to medium-sized businesses.
Steps Before Operating
To form an LLC in Pennsylvania and conduct business legally, you should complete these steps before your LLC can operate:
- Choose the Type of Your Pennsylvania LLC (Mandatory)