LegalCostCalculator
Updated May 2026 All 50 States Official Secretary of State Data

States With No LLC Annual Fee (2026)

9 states charge $0 for their LLC annual report — compared to an average of $112/year in states that do charge. That's real money saved every year your business is open.

9
States with $0 annual fee
$112
Avg annual fee (other states)
$560
5-yr savings vs. avg
50
States covered

9 States With No LLC Annual Report Fee

States That Do Charge an Annual LLC Fee — Ranked Lowest to Highest

State Filing Fee Annual Fee 5-yr Total (fees only)
New York $200 $9/yr $245
Colorado $50 $10/yr $100
Nebraska $100 $13/yr $165
Hawaii $50 $15/yr $125
Kentucky $40 $15/yr $115
Montana $35 $15/yr $110
Utah $54 $18/yr $144
Michigan $50 $25/yr $175
Oklahoma $100 $25/yr $225
West Virginia $100 $25/yr $225
Wisconsin $130 $25/yr $255
Louisiana $100 $30/yr $250
Indiana $95 $31/yr $250
Vermont $125 $35/yr $300
Iowa $50 $45/yr $275
Georgia $100 $50/yr $350
North Dakota $135 $50/yr $385
Rhode Island $150 $50/yr $400
South Dakota $150 $50/yr $400
Virginia $100 $50/yr $350
Kansas $160 $55/yr $435
Washington $200 $60/yr $500
Wyoming $100 $62/yr $410
Pennsylvania $125 $70/yr $475
Illinois $150 $75/yr $525
New Jersey $125 $75/yr $500
Connecticut $120 $80/yr $520
Maine $175 $85/yr $600
Alabama $200 $100/yr $700
Alaska $250 $100/yr $750
New Hampshire $100 $100/yr $600
Oregon $100 $100/yr $600
Florida $125 $138/yr $815
Arkansas $45 $150/yr $795
North Carolina $125 $200/yr $1,125
Delaware $90 $300/yr $1,590
Maryland $100 $300/yr $1,600
Tennessee $300 $300/yr $1,800
Nevada $425 $350/yr $2,175
Massachusetts $500 $500/yr $3,000
California $70 $820/yr $4,170

5-year total = filing fee + (annual fee × 5). Does not include franchise taxes, registered agent fees, or attorney fees. Data from official Secretary of State websites.

Save on formation costs

Form Your LLC in a Low-Cost State

Professional formation services handle state filing, registered agent setup, and operating agreement — starting at $39 + your state's filing fee.

Frequently Asked Questions

Which states have no LLC annual report fee?
As of 2026, states with no LLC annual report fee include: Arizona, Mississippi, Missouri, New Mexico, Ohio, Idaho, South Carolina, Minnesota, Texas. These states do not charge a recurring annual report or renewal fee — though some may impose other requirements like a franchise tax or registered agent fee.
Do I still need to file anything if there's no annual fee?
In some cases, yes. Even without an annual fee, states may require you to maintain a registered agent (typically $50–$150/year), update your registered agent information when it changes, or file certain reports with no dollar fee attached. New Mexico, for example, has no annual report requirement and no fee — it's one of the most genuinely hands-off states for LLCs. Always verify requirements with the state's Secretary of State website.
Is New Mexico the best state for no-annual-fee LLCs?
New Mexico is very popular for no-annual-fee LLCs because it combines a low filing fee with no annual report requirement whatsoever. It's also known for relatively strong privacy (member names not required on the formation documents). However, New Mexico LLCs are not recognized as "anonymous" in any absolute sense — a subpoena or court order can still reveal ownership. For most small businesses operating online or in multiple states, New Mexico is an excellent low-cost option.
What is the most affordable state to run an LLC long-term?
Long-term LLC cost depends on three factors: the initial filing fee, annual report fees, and whether the state has a franchise or privilege tax. States like New Mexico (low filing fee, no annual fee, no franchise tax) and Wyoming (moderate filing fee, low annual fee, no income tax) consistently rank as the most affordable for running an LLC over 5–10 years. California ($70 filing, $800/yr minimum franchise tax) is the most expensive for ongoing costs despite a low initial fee.
Can I form an LLC in a no-annual-fee state if I don't live there?
Technically yes — you can form an LLC in any state regardless of where you live. However, if you operate your business in your home state, you will likely need to register as a foreign LLC in that state too, paying both states' fees and maintaining two registered agents. The "cheapest state" strategy only saves money if your business genuinely has no presence in an expensive state.

Related Resources