LLC costs / Massachusetts / Virginia

Massachusetts vs Virginia LLC

Virginia is cheaper to form by $420. Over five years, Virginia costs $2,770 less in state fees.

MassachusettsVirginia
Formation fee$520$100
Recurring fee$520 a year$50 a year
State fees over 5 years$3,120$350
Register an out-of-state LLC$520$100
Newspaper publication requiredNoNo
New LLCs per week (avg)9502,654
Domestic LLCs with an out-of-state address–2%
Still active 12–24 months after forming–66%
Formation to public record, median (proxy)1 day4 days

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 Massachusetts LLCs per weekOct 12: 895; Oct 19: 1,00401k2kOct 12: 895Oct 19: 1,004Oct 12Oct 19
MassachusettsData from RecordWire
New Virginia LLCs per weekOct 12: 2,447; Oct 19: 2,52101.5k3kOct 12: 2,447Oct 19: 2,521Oct 12Oct 19
VirginiaData 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 ($520 in Massachusetts, $100 in Virginia).

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