LLC costs / Florida / Massachusetts

Florida vs Massachusetts LLC

Florida is cheaper to form by $395. Over five years, Florida costs $2,301.25 less in state fees.

FloridaMassachusetts
Formation fee$125$520
Recurring fee$138.75 a year$520 a year
State fees over 5 years$818.75$3,120
Register an out-of-state LLC$125$520
Newspaper publication requiredNoNo
New LLCs per week (avg)12,271950
Domestic LLCs with an out-of-state address2%–
Still active 12–24 months after forming64%–
Formation to public record, median (proxy)5 days1 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 Florida LLCs per weekOct 12: 10,479; Oct 19: 9,669010k20kOct 12: 10,479Oct 19: 9,669Oct 12Oct 19
FloridaData 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 ($125 in Florida, $520 in Massachusetts).

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