Tennessee Limited Liability CompanyTennessee LLCs are governed by Tennessee Code - Title 48, Corporations and Associations.
Tennessee LLC registration:
Forming an LLC in Tennessee will cost a $300 state fee to file Tennessee LLC articles of organization.
The state of Tennessee Secretary of State, Division of Business Services is in charge of filing Tennessee LLCs, and it will take about 4 business days to process your Tennessee limited liability company articles of organization if filed by paper or 2 days if filed online.
If you file in person, the SOS will process your documents while you wait for no extra charge.
When forming an LLC in Tennessee, our service includes:
Total Tennessee company cost if you use our services:
$525 for a Tennessee limited liability company, which includes the state's Tennessee LLC filing fee.
Any TN company expedited options?
No, but filing online is faster. We can form a TN LLC in 2-4 days.
How much does a TN LLC cost each year?
The annual LLC reports are due every year TN at by May 1st. Tennessee LLC annual reports are $150.
What are the Tennessee LLC taxes?
All Corporations, LLCs, and Partnerships, regardless of their tax status with the IRS are subject to the Tennessee franchise tax and Tennessee Excise tax.
The franchise tax has a minimum payment of $100. Franchise tax is figured at .25% of the net worth of corporation or the tangible property.
The excise tax is 6.5% of the net taxable income made in TN.
The personal income tax rate is 6%.
The average sales tax rate is 9.41%. The state has a 7% tax, but the average local tax is 2.41% making a total of 9.41%.
All for a total of only $525 for a Tennessee limited liability company, and that includes the state LLC filing fee.MORE HELPFUL TIPS
Northwest Registered Agent, Inc.
Nashville, TN 37212