Massachusetts LLC Formation
If you want to form a business entity that earns a profit, but limits taxes and personal liability, you may want to consider forming a Limited Liability Company (LLC). LLCs also have the same powers afforded to a corporation. Forming an LLC in Massachusetts is easy, fast, and affordable.
| Massachusetts LLC Costs | |
|---|---|
| TotalLegal Fee | $99 |
| Massachusetts Filing Fee | $520 |
| Total | $619 |
Naming the LLC
The name of the limited liability company must contain the words “limited liability company” or the abbreviation “L.L.C.,” or “LLC”.
Required Information
You will need to provide the name of your LLC, the principal address where the LLC is located, the business purpose, the Registered Agent's name and physical address, and the name of the member(s) (the owners of the LLC).
Steps to Forming a Massachusetts LLC
- Complete the TotalLegal online interview.
- TotalLegal performs an LLC name availability search.
- TotalLegal will file your LLC with the Massachusetts Secretary of State.
When approved, TotalLegal will upload your Articles of Organization to your account, and send you an email letting you know you are approved to do business in Massachusetts.
Massachusetts LLC Advantages
- Massachusetts LLCs are usually approved 1-2 business days.
Maintaining a Massachusetts LLC
It's not hard at all. Each Massachusetts LLC is required to file an annual report with the Corporations Division on or before the anniversary date of the filing of its original Certificate of Organization. The annual fee is $500. The annual report and the fee can be completed and paid easiy online.
Making Changes to Your LLC
Making changes to your LLC in Massachusetts is easy, as most changes can be filed online. Costs for changes you need to amend your LLC and/or change your Registered Agent range from $25 to $110.
Why use TotalLegal?
TotalLegal provides your LLC with a free Operating Agreement. Since your approved LLC's Articles of Organization do not list the owners (members) of the LLC, having all of this information in your Operating Agreement will make opening a bank account for your LLC in Massachusetts very easy.