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How much does it cost to form an LLC in Tennessee? The Tennessee Secretary of State charges $50 per LLC member included in the filing, with a minimum total fee of $300. The filing fee cannot exceed $3,000 for the Articles of Organization. A convenience fee will also be charged when paying online by credit card.
To register your Tennessee LLC, youll need to file Form SS-4270 - Articles of Organization with the Tennessee Secretary of State. You can apply online, in person, or by mail. The filing fee is $50 per member, with a minimum of $300 and a maximum of $3,000.
Just follow these six steps, and youll be on your way. Name Your Tennessee LLC. Youll need to choose a name to include in your articles before you can register your LLC. Prepare and File Articles of Organization. Receive a Certificate From the State. Create an Operating Agreement. Get an Employer Identification Number.
A SMLLC will not be disregarded if its single member is not classified as a corporation for federal tax purposes. In such cases, the SMLLC will be treated as a separate entity for franchise and excise tax purposes, and it must file its own separate franchise and excise tax return.
Seventeen different types of entities are exempt from the franchise and excise taxes. Industrial Development Corporations. Masonic lodges and similar lodges. Regulated Investment Companies owning 75% in United States, Tennessee, or local bonds. Federal and state credit unions. Venture Capital Funds.
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Tennessee has a 6.50 percent corporate income tax rate and levies a gross receipts tax. Tennessee has a 7.00 percent state sales tax rate, a max local sales tax rate of 2.75 percent, and an average combined state and local sales tax rate of 9.55 percent.
Just follow these six steps, and youll be on your way. Name Your Tennessee LLC. Youll need to choose a name to include in your articles before you can register your LLC. Prepare and File Articles of Organization. Receive a Certificate From the State. Create an Operating Agreement. Get an Employer Identification Number.
New business setup process Apply for an Employer Identification Number (EIN) from the IRS: IRS.gov EIN Site. Register with the TN Secretary of State. Register with the TN Dept. Obtain a business license with your local county and/or municipality (read this first). Register with the TN Dept.
The State of Tennessee requires you to file an annual report for your LLC. You can mail in the report or complete it online at the Secretary of State website.
Formation: ~4 business days by mail. ~2 days online. Immediately in-person.

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