LLC Cost in Indiana — Complete Breakdown
Everything you need to know about forming and maintaining an LLC in Indiana.
Indiana LLC Formation Costs
Detailed Cost Breakdown for Indiana
| Cost Item | Amount |
|---|---|
| Articles of Organization (Filing Fee) | $95 |
| Annual Report / Franchise Tax | $31/yr |
| Registered Agent Service | $150/yr |
| Expedited Processing (optional) | +$50 |
| Operating Agreement (recommended) | $0 – $200 |
| EIN (Federal Tax ID) | Free (IRS) |
| Estimated First-Year Total | $276 |
Cost Comparison: Indiana vs. Neighboring States
| State | Filing Fee | Annual Fee | Total 1st Year | vs. Indiana |
|---|---|---|---|---|
| Indiana | $95 | $31 | $276 | — |
| Michigan | $50 | $25 | $225 | -$51 |
| Ohio | $99 | $0 | $249 | -$27 |
| Kentucky | $40 | $15 | $205 | -$71 |
| Illinois | $150 | $75 | $375 | +$99 |
Frequently Asked Questions: Indiana LLC
How much does it cost to start an LLC in Indiana?
The state filing fee for an LLC in Indiana is $95. Including a registered agent service (~$150/yr) and any annual report fees ($31), expect total first-year costs of approximately $276.
How long does it take to form an LLC in Indiana?
Standard processing in Indiana takes 5-7 business days. Expedited processing is available for an additional $50 and takes 24 hours.
Does Indiana require a registered agent?
Yes, Indiana requires all LLCs to maintain a registered agent with a physical address in the state. Professional registered agent services typically cost $150/year.
What are the annual costs of an LLC in Indiana?
Annual LLC costs in Indiana include the annual report/franchise tax fee of $31 and registered agent fees of approximately $150/year, for a total of about $181 per year after formation.
Can I be my own registered agent in Indiana?
Yes, you can serve as your own registered agent in Indiana as long as you have a physical street address in the state and are available during business hours to accept legal documents.