Initial Costs and Formation
To form a Pennsylvania LLC, file a certificate for $125. Additional costs include legal fees ($500-$2000) and operating expenses like rent and marketing. LLCs pay state taxes and $70 every 10 years. Other costs: payroll taxes, insurance, and professional services.
Taxation and Liability Advantages
LLCs have no owner liability. Income passes through and is taxed at individual rates. To register an LLC, file a certificate online or by mail.
Annual Renewal and Fees
There are no annual renewal fees for LLCs in Pennsylvania. Professional LLCs pay $460 per member annually.
Small Pennsylvania LLCs may pay less taxes than big companies. Sales and sometimes franchise taxes must get paid. With employees, pay their taxes. LLCs must renew annually by the deadline to avoid problems.
Starting in 2025, Pennsylvania LLCs must file an Annual Report to renew, keeping contact information current. This can be done online or by mail to stay compliant.
It’s most effective to register your LLC where it is located and operating. Only Professional LLCs and foreign LLCs providing professional services must file annually in Pennsylvania.
Note: Follow your state’s renewal requirements or risk dissolution. Renewing an LLC requires an annual report with ownership, address, and finances, paying fees, and having proof like a printed certificate.