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The Colorado LLC filing is currently $50. The Colorado state legislature passed a bill in 2022 reducing the cost of starting an LLC in Colorado from $50 to $1, but that ended in May 2023.
Colorado LLC Approval Times Online filings: Online filings for Colorado LLCs are approved immediately. Since you can download your documents as soon as they're approved by the Secretary of State, there is no extra transit time.
The website has a guide that walks you through that process as well. Step 1: Name your Colorado LLC. Your first step is to decide on a name for your Colorado LLC. ... Step 2: Appoint a registered agent in Colorado. ... Step 3: File Colorado Articles of Organization. ... Step 4: Create an operating agreement. ... Step 5: Apply for an EIN.
Here's what you can gain by forming a Colorado Limited Liability Company. Limited Personal Liability. ... Tax Advantages. ... Privacy Protection. ... Management Flexibility. ... Ownership Flexibility. ... Flexible Profit Distributions. ... Easy to Set Up and Maintain. ... Inexpensive.
Costs to forming a Colorado LLC There is a $50 (one-time) fee to form an LLC. There are also ongoing fees (like a $10 Annual Report fee), which we discuss below.
Colorado LLC Formation Filing Fee: $50 Filing in Colorado is way less burdensome than in most other states?the fee is just $50. Colorado Articles of Organization must be filed online through the Secretary of State's website.
1. Kentucky. Kentucky is the cheapest state to form an LLC, with a filing fee of just $40. The state also offers business owners incentive programs that provide small businesses with financial assistance.