LLC costs / Delaware / Florida

Delaware vs Florida LLC

Delaware is cheaper to form by $15. Over five years, Florida costs $1,291.25 less in state fees.

DelawareFlorida
Formation fee$110$125
Recurring fee$400 a year$138.75 a year
State fees over 5 years$2,110$818.75
Register an out-of-state LLC$200$125
Newspaper publication requiredNoNo
New LLCs per week (avg)4,31112,271
Domestic LLCs with an out-of-state address–2%
Still active 12–24 months after forming–64%
Formation to public record, median (proxy)4 days5 days

Weekly averages cover the last 1 weeks both states have data for. "–" means the state's registry data can't support that number; see methodology.

New LLCs per week

New Delaware LLCs per weekOct 12: 4,31102.5k5kOct 12: 4,311Oct 12
DelawareData from RecordWire
New Florida LLCs per weekOct 19: 9,66905k10kOct 19: 9,669Oct 19
FloridaData 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 ($200 in Delaware, $125 in Florida).

Sources: Delaware fee schedule · Florida fee schedule · filing data from RecordWire