Incorporate Tennessee
Instructions on Tennessee Incorporating
What will it cost to incorporate in Tennessee?
The cost in state fees to incorporate in Tennessee is $100.00
What are the costs involved in forming a Tennessee LLC?
$50.00 per member (minimum fee is $300.00, maximum fee is $3,000.00) for a Tennessee LLC.
How long will it take to get my Tennessee Incorporation or Tennessee LLC processed?
The Tennessee Department of State will take about 3-4 business days to process your application unless you file in person and then they will process while you wait at no additional charge.
When we Incorporate your business in Tennessee, our Tennessee incorporation service includes:
- Drafting custom charter/articles for a Corporation or LLC.
- The incorporator initial resolution, or Organizer if Tennessee LLC.
- Ratified corporate bylaws, or operating agreement if Tennessee LLC.
- The Tennessee State incorporation filing fees.
- Registered/resident agent service for Tennessee.
- Our fees are: $100.00 Tennessee Incorporation service and $125.00 Tennessee registered agent incorporation service.
All for a total of only $325.00 for a Tennessee LLC or a minimum of $525.00 for a Tennessee Corporation.
A couple A la Carte options are choosing to file in person to have your Tennessee business done while you wait at no additional charge, and a federal tax ID number for another $50.00.
What am I going to be looking at for ongoing fees to Tennessee? |
| All annual reports are due April 1st, or on the first day of the 4th month after the close of your accounting year. The filing fee for domestic corporations is $20.00, if there are no changes. The filing fee for LLCs is a $300.00 minimum, but could be more if there are more than 6 members. It costs $50.00 per member, up to a $3,000.00 maximum. |
What are the Tennessee business taxes? |
| All Corporations, Limited Liability Companies, 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 $100.00. 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 Tennessee.
The Tennessee personal net income tax rate is 6%.
The average Tennessee 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%. |
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Northwest Registered Agent, Inc.
Agent# 000593933
Nashville, TN 37212
Davidson County
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