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How much does an LLC in Massachusetts cost per year? All Massachusetts LLCs need to pay $520 per year for the Annual Report. These state fees are paid to the Secretary of State. And this is the only state-required annual fee.
Searching the Massachusetts Name Database Visit the Corporations Division Business Entity Search. Search Your LLC Name. Select ?Search by entity name?, then enter your desired LLC name in the ?Enter name? box. Browse the Results. Change the ?Display number of items to view? to 100 items per page.
All LLCs in Massachusetts need to file an annual report, which costs $500 ($520 online or by fax). Your annual report updates the state on your business contact information and member/manager info.
What happens if I don't file a Massachusetts Annual Report? Massachusetts corporations are the only business entities that will be assessed a late fee ($25) for failing to file an annual report. However, all companies will be administratively dissolved if they remain delinquent for two or more years.
After you form an LLC in Massachusetts, you must file an Annual Report every year. This requirement applies to all LLCs doing business in Massachusetts, even if you didn't earn any money in that year. You need to file an Annual Report in order to keep your LLC in compliance and in good standing with the state.
Massachusetts requires every LLC to file an annual report with the Secretary of State (SOS). The annual report will include the same information as the LLC's certificate of organization.
LLCs that want to file a Massachusetts amendment have to file a Certificate of Amendment with the Corporations Division of the Secretary of the Commonwealth and pay at least $100 for the filing fee. You can do this by fax, mail, or in person. Massachusetts does not have a ready-made form, so you have to draft your own.
Massachusetts does not require you to submit an Operating Agreement to form your LLC. However, it is important for every LLC to have an Operating Agreement, establishing the rules and structure of the business.