Starting a Business in Indiana
LLC filing: $95 | Corp filing: $95 | Business-friendly score: 7/10
Business Environment at a Glance
7/10
Business-Friendly Score
3.05%
Income Tax
7%
State Sales Tax
$7.25
Minimum Wage
Business Filing Fees in Indiana
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $95 | One-time, filed with Secretary of State |
| LLC Annual Fee | $31 | Due annually to maintain good standing |
| Corporation Filing Fee | $95 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $31 | Annual report/franchise tax |
Tax Rates
| State Income Tax | 3.05% |
| Corporate Tax Rate | 4.9% |
| State Sales Tax | 7% |
| Max Local Sales Tax | 0% |
| Minimum Wage | $7.25/hr |
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Indiana Special Requirements
- Biennial business entity report required ($31)
- Registered Retail Merchant Certificate required for sales tax
- County income taxes apply in addition to state rate
- Workers compensation required for all employers