To form a Missouri LLC, first choose a business name. Ensure it’s available by searching the Secretary of State’s website. File articles of organization online for 1-3 day processing with a $50 fee. File by mail for 2-4 week processing.
An LLC offers liability protection and potential tax savings. Income passes through the LLC to members. Missouri has no personal income tax, but taxes like sales tax apply.
Forming in your home state is usually recommended. However, it’s worth noting that Wyoming offers no LLC income tax. A Missouri LLC typically costs $50 plus a registered agent fee. Additional costs like operating agreements are optional.
There is no mention of the annual fee for maintaining an LLC in Missouri in the text provided. It may be necessary to consult the Missouri Secretary of State’s website or contact a professional for this information.