LLC Cost in Missouri – How Much to Pay for an LLC


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Perhaps you are hoping to form a Missouri LLC. People assume that starting an LLC is difficult and costly. However, it’s generally not difficult, and the cost would vary across states. We have all the info you need to know about the cost of forming an LLC, particularly the LLC cost in Missouri.

Missouri LLC Cost of Filing

Here are the costs involved in forming an LLC in Missouri.

Cost of Filing Formation Certificates

The Missouri Certificate of Formation is responsible for the majority of the cost, which could also vary depending on whether you’re forming a domestic LLC or a foreign LLC. Still, you can file both at the Missouri Secretary of State.

Missouri Domestic LLC

  • Online Filing costs $50.
  • Annual Report filing Not Required.
  • Name Reservation fee costs $7
  • By Mail: Fill out the application form, and send it to Corporations Unit, James C. Kirkpatrick State Information Center P.O. Box 778, Jefferson City, MO 65102. Costs $105.

Missouri Foreign LLC

  • Online Filing costs $105.
  • Annual Report filing Not required
  • Name Reservation fee – not available
  • By Mail: Fill out the application form, and send it to Corporations Unit, James C. Kirkpatrick State Information Center P.O. Box 778, Jefferson City, MO 65102. Costs $105.

Note that filing online is ideal, not only because you need to go to the Secretary of State office, but also it would be faster. You won’t have to wait in a queue in doing so.

Missouri LLC Formation Service or Registered Agent Fee

You need a registered agent to form an LLC in Missouri, hence, added costs for service fees. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.

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Business Permits and Licenses

The business licenses depend on your business’s activity and location and are renewed yearly. As such, the cost will vary. Check the Missouri Department of Revenue for regulatory boards or agencies requiring licensing.

Taxes payable to the Missouri Department of Revenue

There are two types of taxes to be paid to the Missouri Department of Revenue:

State Income Tax

You have to pay state tax on any amount you pay to yourself. The earnings you make shall be taxed through your personal tax return. The standard rate of income tax which is 6.25% will be applicable & you can apply for all the standard allowances and deductions.

State Sales & Use Tax

If you are a seller of goods or you are a service provider, you have to collect tax & then pay it to the Missouri Department of Revenue. This State Sales & Use Tax can be collected at the time of purchase. The Sales & Use Tax varies in different regions, counties, & cities.

The current state sales & use tax rate on LLC in Missouri is 4.225%

Federal Taxes for Missouri LLC

As mentioned earlier, there are different federal taxes that every LLC in Missouri has to pay, in addition to the state taxes.

Federal Self-Employment Tax

Federal Self Employment Tax, also known as Social Security or Medicare tax, is to be paid by all the LLC Business members or managers. This kind of tax is applicable to all the earnings you withdraw from your business.

The Federal self-employment tax rate in Missouri is 15.3 percent, which includes 12.45 for social security & 2.9 for medicare.

Federal Income Tax

In addition to the state income tax, you have to pay the Federal Income tax on all the earnings you make in your Missouri LLC.

The amount of the Federal Income Tax depends upon your earnings, the income tax bracket in which you qualify, the deductions, & the manner/ mode of filing.

Employee & Employer Taxes

If you have a number of employees who draw monthly salaries, then there will be some added Employee-Employer taxes on that. These tax implications vary, depending on various factors, e.g., the amount, number of employees, etc.

Cost Comparison Between States

Missouri is surrounded by many states, namely Iowa, Illinois, Indiana, Arkansas, Oklahoma, Nebraska, etc. Each of these states has a different rate of taxes levied on LLCs. Let us take a look at this comparative chart.

StatesFiling FeeAnnual/Biennial FeeSales Tax
Missouri$50None4.225%
Iowa $50None0.36 to 8.98%
Illinois$500$2001.5%
Indiana$90$307%
Nebraska$125None5.5%

Other Taxes

On the basis of the kind of industry you LLC operated in, your LLC will be liable to some other taxes & duties. For Example, if your LLC is in the sector of import & export, you have to pay the import-export duty. You should consult with a professional to verify the tax rates or business costs of registering an LLC in Missouri.

Other Costs

F.A.Qs

Can I start an LLC for free?

It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed.

Is an LLC expensive?

It is difficult to say whether forming an LLC is expensive. Nevertheless, the cost could be anywhere from $40 to $500. If you refuse to hire professionals, you’ll still have expenses like form fees to cover.

Does an LLC need a bank account?

The need to separate personal money from business funds, thus necessitating the creation of a business bank account for your LLC.

How Much Does It Cost to Maintain an LLC in Missouri

To maintain an LLC in Missouri you do not need to pay an annual fee. However, state income tax at 6.25%, sales & use tax at 4.225% and federal taxes are levied.

When it comes to running a business, entrepreneurs often face tough decisions on how to structure their enterprises. In recent years, forming an LLC has become an increasingly popular choice due to its flexibility and liability protection. Nevertheless, one essential consideration that emerges after forming an LLC is the cost associated with maintaining it in compliance with regulations. In the state of Missouri, understanding the expenses involved in keeping an LLC active is crucial for business owners. Let’s take a closer look at the factors that contribute to maintaining an LLC and evaluate whether the cost is justified.

Firstly, owners of an LLC in Missouri need to take into account the state fees required by the Missouri Secretary of State. An annual filing fee is necessary to inform the state about your LLC’s continued presence and is typically within a range that accommodates different business sizes. While some may feel these fees are an added expense, they serve a purpose in keeping business information up to date, thus maintaining transparency and the credibility of both the business and the state.

Secondly, retaining an LLC in Missouri translates to ensuring continued legal and professional protection and is often seen as an investment that outweighs the risks. One essential aspect of this protection lies in Missouri’s requirement to designate a registered agent for your LLC. The registered agent serves as an intermediary between the business and the state, ensuring efficient transmission of important legal documents and notifications. Although hiring a registered agent may be an additional expense, it is a necessary step to stay compliant and maintain a lawful presence in the state. Having an established registered agent relieves business owners of constantly monitoring mail and communication in what can be a burdening task.

Moreover, tax obligations are one of the critical considerations in the cost spectrum of maintaining an LLC in Missouri. While an LLC provides pass-through taxation, meaning the business’s income passes through to the owners’ personal tax returns, ensuring compliance with Missouri’s tax laws is essential. Although these obligations involve financial investments, the ability to mitigate personal liability and protect personal assets speak to the value of maintaining an LLC.

Furthermore, ongoing administrative tasks, including filing annual reports, record-keeping, and general bookkeeping, need to be factored into the cost consideration of an LLC in Missouri. While these tasks require a time investment and may also necessitate hiring the services of professionals, proper organizational and financial bookkeeping can streamline business operations and ensure frictions are minimized.

In conclusion, it is undeniable that there are considerable costs associated with maintaining an LLC in Missouri. State fees, hiring registered agents, fulfilling tax obligations, and administrative tasks all contribute to the overall cost – a reality that is echoed across all LLC jurisdictions. However, it is equally imperative to consider the remarkable benefits and protections that come with implementing and sustaining an LLC. By striking a balance between the cost and long-term advantages, entrepreneurs can fully appreciate the value that maintaining an LLC facilitates for various businesses.

In Conclusion

The cost of Missouri is much lower compared to other forms of business. Apart from the state filing fees and annual taxes, you might bear the cost of the registered agent. Compare the price of professional LLC services and choose the most affordable one.


About Author & Editorial Staff

Steve Goldstein, founder of LLCBuddy, is a specialist in corporate formations, dedicated to guiding entrepreneurs and small business owners through the LLC process. LLCBuddy provides a wealth of streamlined resources such as guides, articles, and FAQs, making LLC establishment seamless. The diligent editorial staff makes sure content is accurate, up-to-date information on topics like state-specific requirements, registered agents, and compliance. Steve's enthusiasm for entrepreneurship makes LLCBuddy an essential and trustworthy resource for launching and running an LLC.

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