Cost of Starting LLC in PA
The cost to start an LLC in Pennsylvania is $125. This fee is paid to the Pennsylvania Department of State when filing the LLC’s Certificate of Organization.
Tax Requirements
Generally, if your net income from your business is $400 or more, you are required to file a tax return. While doing it yourself seems cost-effective, hiring professionals ensures necessary paperwork and legal requirements are properly completed, preventing costly mistakes.
Business Setup in Pennsylvania
With an extensive education system, Pennsylvania continually introduces talented people into the workforce. Living in Pennsylvania means easily driving to big cities like New York and Boston. The cost of living is low, and median housing rates start $46,000 less than the national average.
In addition to determining how to start an LLC in Pennsylvania, you may also need to obtain licenses or permits from the state or municipality in which you plan to operate. If you have employees, you must report them to the state and pay applicable taxes.