LLC Cost in Missouri – How Much to Pay for an LLC

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Perhaps you are hoping to form a Missouri LLC. People assume that starting an LLC is difficult and costly. However, it’s generally not difficult, and the cost would vary across states. We have all the info you need to know about the cost of forming an LLC, particularly the LLC cost in Missouri.

Missouri LLC Cost of Filing

Here are the costs involved in forming an LLC in Missouri.

Cost of Filing Formation Certificates

The Missouri Certificate of Formation is responsible for the majority of the cost, which could also vary depending on whether you’re forming a domestic LLC or a foreign LLC. Still, you can file both at the Missouri Secretary of State

Missouri Domestic LLC

  • Online Filing costs $50. 
  • Annual Report filing Not Required.
  • Name Reservation fee costs $7
  • By Mail: Fill out the application form, and send it to Corporations Unit, James C. Kirkpatrick State Information Center P.O. Box 778, Jefferson City, MO 65102. Costs $105.

Missouri Foreign LLC

  • Online Filing costs $105.
  • Annual Report filing Not required
  • Name Reservation fee – not available
  • By Mail: Fill out the application form, and send it to Corporations Unit, James C. Kirkpatrick State Information Center P.O. Box 778, Jefferson City, MO 65102. Costs $105.

Note that filing online is ideal, not only because you need to go to the Secretary of State office, but also it would be faster. You won’t have to wait in a queue in doing so.

Missouri LLC Formation Service or Registered Agent Fee

You need a registered agent to form an LLC in Missouri, hence, added costs for service fees. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.

LLC Service

Our Rating & Pricing

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#1 TOP PICK

Free LLC Setup

  • 1 year free agent service

  • Digital storage

  • Different types of plans

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$49 + State Fees

  • Lifetime business support

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$299 + State Fees

  • Fast service

  • Resource center

  • Flat Rate for all services

Business Permits and Licenses 

The business licenses depend on your business’s activity and location and are renewed yearly. As such, the cost will vary. Check the Missouri Department of Revenue for regulatory boards or agencies requiring licensing. 

Taxes payable to the Missouri Department of Revenue

There are two types of taxes to be paid to the Missouri Department of Revenue:

State Income Tax

You have to pay state tax on any amount you pay to yourself. The earnings you make shall be taxed through your personal tax return. The standard rate of income tax which is 6.25% will be applicable & you can apply for all the standard allowances and deductions. 

State Sales & Use Tax 

If you are a seller of goods or you are a service provider, you have to collect tax & then pay it to the Missouri Department of Revenue. This State Sales & Use Tax can be collected at the time of purchase.  The Sales & Use Tax varies in different regions, counties, & cities.

The current state sales & use tax rate on LLC in Missouri is 4.225%

Federal Taxes for Missouri LLC

As mentioned earlier, there are different federal taxes that every LLC in Missouri has to pay, in addition to the state taxes.

Federal Self-Employment Tax

Federal Self Employment Tax, also known as Social Security or Medicare tax, is to be paid by all the LLC Business members or managers. This kind of tax is applicable to all the earnings you withdraw from your business. 

The Federal self-employment tax rate in Missouri is 15.3 percent, which includes 12.45 for social security & 2.9 for medicare.

Federal Income Tax

In addition to the state income tax, you have to pay the Federal Income tax on all the earnings you make in your Missouri LLC. 

The amount of the Federal Income Tax depends upon your earnings, the income tax bracket in which you qualify, the deductions, & the manner/ mode of filing.

Employee & Employer Taxes

If you have a number of employees who draw monthly salaries, then there will be some added Employee-Employer taxes on that. These tax implications vary, depending on various factors, e.g., the amount, number of employees, etc.

Cost Comparison Between States

Missouri is surrounded by many states, namely Iowa, Illinois, Indiana, Arkansas, Oklahoma, Nebraska, etc. Each of these states has a different rate of taxes levied on LLCs. Let us take a look at this comparative chart.

StatesFiling FeeAnnual/Biennial FeeSales Tax
Missouri$50None4.225%
Iowa $50None0.36 to 8.98%
Illinois$500$2001.5%
Indiana$90$307%
Nebraska$125None5.5%

Other Taxes

On the basis of the kind of industry you LLC operated in, your LLC will be liable to some other taxes & duties. For Example, if your LLC is in the sector of import & export, you have to pay the import-export duty. You should consult with a professional to verify the tax rates or business costs of registering an LLC in Missouri.

Other Costs

How Much Does It Cost to Maintain an LLC in Missouri

When you want to establish an LLC in Missouri, you will need to pay state taxes. Additionally, if your LLC will employ employees, you will need to pay the state’s unemployment insurance tax. The Department of Revenue has more information about taxes for businesses in Missouri. You can also hire a company to prepare annual reports for you. Some companies charge a fee for these services, but it is well worth the cost.

In order to get your LLC up and running, you’ll need to file articles of organization with the Secretary of State. You can either file them online or mail them to the Secretary of State. The fee to file an LLC in Missouri is $50. Once your company is registered, you’ll need to pay the State of Missouri’s Corporations Division the required fee of $105. If you plan to amend your LLC later, you’ll need to pay an additional $25.

To start your LLC, you’ll need a registered agent. This service is required by law for all types of entities, including an LLC. This person is the point of contact for the state and will receive important documents and notify the owner. Some formation services provide the registered agent service for free or include it as part of their package. The fee for this service is $150 per year, but this will vary depending on the company.

F.A.Qs

Can I start an LLC for free?

It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed.

Is an LLC expensive?

It is difficult to say whether forming an LLC is expensive. Nevertheless, the cost could be anywhere from $40 to $500. If you refuse to hire professionals, you’ll still have expenses like form fees to cover.

Does an LLC need a bank account?

The need to separate personal money from business funds, thus necessitating the creation of a business bank account for your LLC.

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