What do you need to do?
Three paths through everything on this site. Pick the one you’re on
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- Annual reports & compliance
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Most Popular States
Where most LLCs are formed, and why
Texas
No state income tax, no annual report fee
California
Largest economy, required if operating here
Florida
No state income tax, business-friendly courts
New York
Required for NYC-based businesses
Wyoming
Same-day processing, low fees, strong privacy
Delaware
Gold standard for investors and venture capital
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Why Form an LLC?
The four reasons most entrepreneurs choose an LLC over operating as a sole proprietor
Personal liability protection
An LLC separates your personal assets from business debts. If your business is sued, creditors can't come after your house, savings, or car.
Tax flexibility
By default, LLC profits pass through to your personal return. At higher income levels, electing S-corp status can save thousands in self-employment tax.
Professional credibility
"Smith Consulting LLC" signals permanence and professionalism. Banks, clients, and landlords take LLCs more seriously than sole proprietors.
Simple compliance
Unlike corporations, LLCs have no board meeting requirements or complex governance rules. Most states require only an annual report and a registered agent.
Verified Against Primary Sources
Fees and deadlines are checked against the state’s own filing office or statute and cited on the page, and where a figure isn’t confirmed, the page says so. Our guides are not yet attorney-reviewed; we’re building that reviewer network now.
Are you an attorney? Join as a legal reviewer →Frequently Asked Questions
Common questions about forming and maintaining an LLC