Missouri LLC Cost: A Comprehensive Guide to Forming an LLC in MO

Forming a Limited Liability Company (LLC) in Missouri can be a great way to protect your personal assets and establish a separate business entity. However, one of the most common questions entrepreneurs and small business owners have is: how much does it cost to form an LLC in Missouri?

The cost of forming an LLC in Missouri can vary depending on several factors, including the type of LLC you want to form, the complexity of your business structure, and the services you need. In this article, we'll break down the costs associated with forming an LLC in Missouri and provide a comprehensive guide to help you understand the process.

Cost of Filing Articles of Organization

The first step in forming an LLC in Missouri is to file Articles of Organization with the Secretary of State. The cost of filing these documents is $105 for a standard LLC. However, if you want to expedite the process, you can pay an additional $50 for same-day processing or $100 for 24-hour processing.

Cost of Registered Agent Services

In Missouri, you are required to have a registered agent who can receive service of process and other official documents on behalf of your LLC. The cost of registered agent services can range from $50 to $300 per year, depending on the provider and the level of service you need.

Cost of Business Licenses and Permits

Depending on the type of business you're operating, you may need to obtain additional licenses and permits from the state of Missouri or local authorities. The cost of these licenses and permits can vary widely, but you can expect to pay anywhere from $20 to $1,000 or more per year.

Cost of Business Bank Account

Once you've formed your LLC, you'll need to open a business bank account to separate your personal and business finances. The cost of opening a business bank account can range from $10 to $50, depending on the bank and the level of service you need.

Cost of Accounting and Tax Services

As a business owner, you'll need to hire an accountant or tax professional to help you with your financial and tax obligations. The cost of these services can range from $500 to $2,000 or more per year, depending on the complexity of your business and the level of service you need.

Total Cost of Forming an LLC in Missouri

Based on the costs outlined above, the total cost of forming an LLC in Missouri can range from $1,065 to $3,350 or more, depending on the level of service you need and the complexity of your business.

Conclusion

Forming an LLC in Missouri can be a great way to protect your personal assets and establish a separate business entity. While the cost of forming an LLC in Missouri can vary widely, it's essential to understand the costs associated with the process to make an informed decision. By breaking down the costs into individual components, you can get a better understanding of what to expect and make a more informed decision about forming an LLC in Missouri.