The Ultimate Guide to Delaware LLC Costs: What You Need to Know

When it comes to forming a limited liability company (LLC) in Delaware, one of the most common questions entrepreneurs and business owners have is: what are the costs involved?

In this article, we'll break down the costs associated with forming and maintaining a Delaware LLC, so you can make informed decisions about your business.

Formation Costs:

• Articles of Organization: $90-$180
• Registered Agent Service: $50-$200 per year
• Business License: $75-$300 per year
• Total Formation Cost: $215-$680

Ongoing Costs:

• Annual Report Filing: $50-$200
• Business License Renewal: $75-$300
• Total Ongoing Cost: $125-$500

Other Costs to Consider:

• Tax Preparation: $500-$2,000 per year
• Accounting Services: $1,000-$5,000 per year
• Insurance: $500-$5,000 per year

In conclusion, the costs associated with forming and maintaining a Delaware LLC can add up quickly. However, with the right planning and preparation, you can minimize these costs and ensure the success of your business.