How much does it cost to register a business in Massachusetts? To register a business name in Massachusetts, you must first choose your business structure. Then, do a business name search to ensure name availability. Afterward, you must form your entity with your business name with the state. The fee to form a Massachusetts Limited Liability Company (LLC) is $500 + optional $25 expedite fee.
You should register your business with the Massachusetts Department of Revenue. This allows you to file and pay taxes.
Steps to Start a Business in Massachusetts:
- Create a business name
- Check availability of the name
- Choose a business structure
- Register your business entity
- Appoint a registered agent
- Consider filing fees and costs
The most common state to register a business is where you plan to operate and be located physically. However, you can register a company in any state. It is usually most cost-effective to register in your home state.
A DBA (Doing Business As) name is required to be registered by any person who conducts business in Massachusetts under any name other than their personal name. DBA name applications are submitted at the municipal or town level, not the Corporations Division at the Secretary of State.
Understanding Business Licensing in Massachusetts
From registering a business to seeking funding and applying for grants, this guide has everything you need to start a business in Massachusetts.
With the 5th best economic climate and labor supply in the US, Massachusetts is a great place to start a business. Starting a new business from scratch may sound intimidating—but this step-by-step guide will help you get off the mark. This guide covers picking the right business idea, drafting a business plan, registering a business, and preparing for a launch, to seeking funding.
More than 8 out of 10 new businesses survive their first year, which drives the state’s nearly $600 billion economy. But even in Massachusetts, starting a business will not be easy. You’ll need to carefully prepare and execute your plan.
This Massachusetts Business License guide is designed to simplify the business licensing landscape for you, helping you pinpoint exactly which licenses or permits you’ll need to operate legally in the state, as well as how to go about obtaining them.
Do I Need a Business License in Massachusetts? Businesses are required to obtain various licenses and permits at the local, state, and federal levels.
To have a successful business, you must also ensure proper structuring, complete the necessary registrations with the Commonwealth of Massachusetts, and navigate the state’s regulatory and tax requirements. We developed this easy-to-follow checklist to walk you through the necessary steps you’ll need to take to build a strong foundation for a successful business.
Business License: Most businesses in Massachusetts are required to obtain a general business license from the city or town where their business is located. The requirements and application process can vary, so it’s important to check with your local municipality for specific details.
The steps involved in getting a Massachusetts business license will vary depending on the type of license that you need. Since most businesses will need a sales tax registration, we have outlined what you need to do to obtain one.
Due to its thriving economy and highly skilled labor force, Massachusetts is considered one of the best states for new businesses to succeed. To start a business in the Bay State, you first have to decide on your type of business entity.
LLC Formation Cost in Massachusetts
The main cost to start an LLC in Massachusetts is the filing fee with the Massachusetts Secretary of the Commonwealth.
How much does it cost to file for an LLC in Massachusetts? Forming an LLC in Massachusetts includes a filing fee of $500. Annual reports must also be filed each year for $500.
Starting an LLC in Massachusetts doesn’t have to be expensive. We explain initial and ongoing LLC costs with tips on how you can save money.
To form an LLC in Massachusetts, you must file a Certificate of Organization with the Massachusetts Secretary of State. The regular filing fee is $500; if you need expedited processing, it will cost an additional fee.
In Massachusetts, the filing fee for forming an LLC is $520. If you choose to have your LLC certified by the Secretary of State as a woman-owned or minority-owned business, there is an additional $75 fee.
It will take Massachusetts 1 to 2 business days to process an LLC formation online. If you file by mail, it can take upwards of 2 weeks, including the time it takes to receive and return the paperwork.
The cost of creating an LLC in Massachusetts is relatively low compared to other states; all it takes is $500 to file your Certificate of Organization with the Secretary of the Commonwealth.
Creating a Massachusetts LLC can be a great way to enjoy enhanced liability protection, a better tax situation, and more flexibility with your manager-managed LLC. But you may be wondering what the total Massachusetts LLC cost is if you want to create this type of business entity.