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.

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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

To maintain an LLC in Missouri you do not need to pay an annual fee. However, state income tax at 6.25%, sales & use tax at 4.225% and federal taxes are levied.

How much does it cost to maintain an LLC in Missouri? This question is frequently asked by new entrepreneurs. While some fees are standard across states, others are specific to Missouri. Here’s a quick guide to the typical expenses that an LLC must pay to stay up-to-date. The first step is to complete the Articles of Organization. These documents must be filed with the Missouri Secretary of State. Filing the Articles of Organization online is free of charge, while filing the same documents by mail will cost you an extra $50.

Another expense is annual reports. The Missouri Department of Economic Development maintains an index of important resources for small businesses. The Small Business Development Center is available to assist you with the formation of your business, including free or low-cost assistance. There are a variety of other expenses to consider for an LLC, including state and federal taxes. If you plan to sell products or services, you may also have to register for sales and use taxes.

Depending on the state and jurisdiction, LLC formation can cost several thousand dollars. This includes fees to register with the Missouri Secretary of State, a registered agent, federal and state income taxes, and more. Additionally, preparing an LLC operating agreement is not cheap. If you are a business owner who feels comfortable creating a basic operating agreement, you can find an online template that will guide you through the entire process.

Lastly, you must ensure that you have the necessary insurance to protect your business. This is an ongoing expense for many LLCs. It will depend on what type of business you’re running. Purchasing business liability insurance is an essential step for retail companies, and it’s a necessity for any business, but the price may vary depending on the nature of your business. Once you’ve established your business, you’ll need to take action to protect your assets.

If you’re planning to register an LLC in Missouri, you’ll need to reserve the business name for at least 60 days. You’ll need to pay a $25 fee to reserve the name for your business. Upon securing a name for your company, you can order copies of business records from the Secretary of State office. You can obtain these records for $10 per record. The fee may increase if the documents are multi-page.

While there are no annual filing requirements for an LLC in Missouri, you must keep the information up-to-date. Keeping the Secretary of State updated on any changes is crucial. If you fail to do so, your company’s good standing with the state will be suspended. If your LLC does not keep up with these requirements, you could face the possibility of losing your foreign qualification or your professional licenses. In the worst case scenario, you may be barred from conducting business in Missouri entirely.

Another expense to consider is a registered agent. Every Missouri LLC must choose a registered agent. This person will be responsible for handling sensitive documents on behalf of the company and keeping it in compliance with Missouri law. Your registered agent can be an individual or a business. You can do it yourself or hire a registered agent service for $50-300 a year. You should also look into the service provider’s reputation and long-term agreement to get the best deal.

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.

In Conclusion

The cost of Missouri is much lower compared to other forms of business. Apart from the state filing fees and annual taxes, you might bear the cost of the registered agent. Compare the price of professional LLC services and choose the most affordable one.

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