Starting a Business in Vermont
LLC filing: $125 | Corp filing: $125 | Business-friendly score: 5.5/10
Business Environment at a Glance
5.5/10
Business-Friendly Score
3.35% - 8.75%
Income Tax
6%
State Sales Tax
$13.67
Minimum Wage
Business Filing Fees in Vermont
| Item | Cost | Details |
|---|---|---|
| LLC Filing Fee | $125 | One-time, filed with Secretary of State |
| LLC Annual Fee | $35 | Due annually to maintain good standing |
| Corporation Filing Fee | $125 | One-time, Articles of Incorporation |
| Corporation Annual Fee | $45 | Annual report/franchise tax |
Tax Rates
| State Income Tax | 3.35% - 8.75% |
| Corporate Tax Rate | 6% - 8.5% |
| State Sales Tax | 6% |
| Max Local Sales Tax | 1% |
| Minimum Wage | $13.67/hr |
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Vermont Special Requirements
- Annual report required with Secretary of State ($35 for LLCs)
- Vermont Meals and Rooms Tax (9%) applies to hospitality businesses
- Workers compensation required for all employers
- Vermont Paid Family and Medical Leave program launching
Major Cities in Vermont
Browse Industries in Vermont
Start Your Business in Vermont
The state filing fee for an LLC in Vermont is $125. Licenses, insurance, equipment and rent usually cost far more: see the full picture for your business type and city.
Estimate your startup costs