Starting a Business in Colorado
LLC filing: $50 | Corp filing: $50 | Business-friendly score: 7/10
Business Environment at a Glance
7/10
Business-Friendly Score
4.4%
Income Tax
2.9%
State Sales Tax
$14.42
Minimum Wage
Business Filing Fees in Colorado
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $50 | One-time, filed with Secretary of State |
| LLC Annual Fee | $10 | Due annually to maintain good standing |
| Corporation Filing Fee | $50 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $10 | Annual report/franchise tax |
Tax Rates
| State Income Tax | 4.4% |
| Corporate Tax Rate | 4.4% |
| State Sales Tax | 2.9% |
| Max Local Sales Tax | 8.3% |
| Minimum Wage | $14.42/hr |
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Colorado Special Requirements
- Periodic report required annually ($10) - one of the lowest in the nation
- Sales tax can be complex with home rule cities collecting their own taxes
- Colorado Wage Act compliance for employee payment schedules
- Paid Family and Medical Leave Insurance (FAMLI) required for employers
Major Cities in Colorado
Browse Industries in Colorado
Start Your Business in Colorado
The state filing fee for an LLC in Colorado is $50. Licenses, insurance, equipment and rent usually cost far more: see the full picture for your business type and city.
Estimate your startup costs