LLC costs / Colorado / Massachusetts

Colorado vs Massachusetts LLC

Colorado is cheaper to form by $470. Over five years, Colorado costs $2,945 less in state fees.

ColoradoMassachusetts
Formation fee$50$520
Recurring fee$25 a year$520 a year
State fees over 5 years$175$3,120
Register an out-of-state LLC$100$520
Newspaper publication requiredNoNo
New LLCs per week (avg)3,137950
Domestic LLCs with an out-of-state address6%–
Still active 12–24 months after forming54%–
Formation to public record, median (proxy)1 day1 day

Weekly averages cover the last 2 weeks both states have data for. "–" means the state's registry data can't support that number; see methodology.

New LLCs per week

New Colorado LLCs per weekOct 12: 2,794; Oct 19: 2,95901.5k3kOct 12: 2,794Oct 19: 2,959Oct 12Oct 19
ColoradoData from RecordWire
New Massachusetts LLCs per weekOct 12: 895; Oct 19: 1,00401k2kOct 12: 895Oct 19: 1,004Oct 12Oct 19
MassachusettsData from RecordWire

The usual rule: form the LLC in the state where the business operates. Forming elsewhere means registering as a foreign LLC at home too, and paying both states' fees ($100 in Colorado, $520 in Massachusetts).

Sources: Colorado fee schedule · Massachusetts fee schedule · filing data from RecordWire