Company type
How will you own the company, raise money and pay tax?
Most founders weigh the same four choices: the company type, the state, the address and who they'll need to satisfy after formation. Each comparison lays out what's the same, what differs, what it costs to set up and what it costs to keep.
Comparisons are grouped by the question they answer. Start with the one you're stuck on; each links to the full guides behind it.
How will you own the company, raise money and pay tax?
Where will you file, and what will the state charge each year?
Which address does which job, and which ones do you need?
Related:Virtual mailboxVirtual officeProof of addressRegistered agent
What will banks and payment platforms ask your company for?
Related:Banking overviewWho we help
The state filing fee is paid once. The state's yearly fee comes back every year or two, for as long as the company exists. A fair comparison looks at both.
California has the lowest filing fee of the seven ($70). To keep it: $800 annual LLC tax every year, plus $20 every 2 years.
| State | Setup | To keep it |
|---|---|---|
| California | $70 | $800 annual LLC tax every year, plus $20 every 2 years |
| District of Columbia | $99 | $300 report every 2 years |
| Wyoming | $100 | $60 minimum annual report tax, every year |
| Delaware | $110 | $400 annual LLC tax, every year |
| Florida | $125 | $138.75 annual report, every year |
| New York | $200 | $9 statement every 2 years, plus a one-time publication |
| Texas | $300 | Franchise tax report every year; no tax due under the revenue threshold |
Four checks that keep any comparison honest, ours included.
Where to start, what the fees mean, timing and what no comparison can promise.
Start with the company type, because it changes the rest: an LLC and a C-Corp have different owners, tax treatment and state fees. Then pick a state, then the address you need. If you already have a company, go straight to the address or provider comparisons.
No. They're the official fees each state charges an LLC, checked against the state's own site. They're the same whoever files for you. Registate's package prices and extras are on the pricing page, and the state fee is shown as its own line at checkout.
Because the state keeps charging after you form. Some states with a low filing fee have a high yearly tax or report fee, and the services you keep, like a registered agent or an address, renew too. Comparing both gives a truer picture.
Processing times vary; the state and the IRS set them. We review your order and file it, and the state reviews the filing on its own timeline. Your EIN comes after the company exists.
No. Banks and payment platforms make their own decisions, and no one can guarantee approval. The provider pages list what Mercury, Stripe, Payoneer and Amazon ask for, so you can prepare the right documents.