Starting a Business in Massachusetts
LLC filing: $500 | Corp filing: $275 | Business-friendly score: 5.2/10
Business Environment at a Glance
5.2/10
Business-Friendly Score
5% + 4% surtax on income over $1M
Income Tax
6.25%
State Sales Tax
$15.00
Minimum Wage
Business Filing Fees in Massachusetts
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $500 | One-time, filed with Secretary of State |
| LLC Annual Fee | $500 | Due annually to maintain good standing |
| Corporation Filing Fee | $275 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $125 | Annual report/franchise tax |
Tax Rates
| State Income Tax | 5% + 4% surtax on income over $1M |
| Corporate Tax Rate | 8% |
| State Sales Tax | 6.25% |
| Max Local Sales Tax | 0% |
| Minimum Wage | $15.00/hr |
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Massachusetts Special Requirements
- Annual report required with Secretary of Commonwealth ($500 for LLCs)
- Massachusetts Paid Family and Medical Leave contributions required
- Sales tax registration with Department of Revenue
- Workers compensation required for all employers - one of the highest costs nationally
Major Cities in Massachusetts
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Start Your Business in Massachusetts
Form your LLC in Massachusetts for $500 online.
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