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Cheapest state for LLC

Asked by: Roger - 11 November, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 What state is the cheapest to set up a LLC in?
Answered by: Ray Albert - 13 November, 2012
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/194.jpg-630c771619e92bede7e6f696b56767b9 Roger,

Going by minimum state fees to register an LLC, states such as Iowa, Louisiana, Michigan, New Hampshire or Utah are typically the lowest costing to initially register the company in.

Without understanding the full scope of your business plans, it's hard to say which state would be best for your specific needs.

Keep in mind, if you have a physical location for your business, such as a brick and mortar store, a warehouse, physical property or employees in a particular state, that is the state(s) the company must be registered in.

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