State Comparison

Vermont LLC vs Florida LLC (2026)

Written for owners based in Vermont.

Verdict: for most owners, form where the business is based

Florida forms for $125, cheaper than Vermont's $155, then costs $138.75 every year against $45. The gap that matters is the penalty: a Florida annual report received after May 1 costs $538.75 instead of $138.75, a flat $400 that cannot be bought down, and Florida applies it to LLCs by name. Florida levies no personal income tax and Vermont does. Even so, a Florida LLC that genuinely operates from Vermont must register here for $155 and file Vermont's report at $170 a year on top of the Florida one.

Based in Florida? Read Florida LLC vs Vermont LLC →

Compare Vermont LLC vs Florida LLC on filing fees, taxes, privacy laws, and annual costs. Find out which state is actually better for your business.

By Edmond Hui · Last updated: September 23, 2026

If your business is based in Vermont, a Vermont LLC needs no foreign registration there; a Florida LLC run from Vermont generally must also register in Vermont as a foreign LLC (Vermont's $155 filing fee). If your business is based in Florida, a Florida LLC needs no foreign registration there; a Vermont LLC run from Florida generally must also register in Florida as a foreign LLC (Florida's $125 filing fee). An LLC formed in one of these states and run from the other owes whatever filings, fees and taxes each state requires. A Vermont LLC runs $200 in year one and $45/yr after; a Florida LLC runs $263.75 and $138.75/yr. See the full breakdown below.

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FactorVermontFlorida
Filing Fee$155$125
Processing TimeUnder 1 business day online; 7 to 10 by mailLive queue, not fixed
Annual Report Fee$45$138.75
Annual Report DueWithin 3 months of fiscal year endMay 1
State Income TaxYesNo
Anonymous LLCNoNo
Publication RequirementNoNo
Foreign LLC Cost (if forming out-of-state)N/A, you're in your home state$155 + registered agent ~$150/yr

Full fee breakdown for either state: Vermont LLC cost and Florida LLC cost. Owner privacy options for either state: Vermont anonymous LLC guide and Florida anonymous LLC guide.

Business Climate: Vermont vs Florida

FactorVermontFlorida
5-year business survival rate46.6% (#44 of 51)49.5% (#34 of 51)
Business application growth (2026 YTD (Jan to Jul) vs 2025 YTD (same months))+15.4% YoY (#51 of 51 by volume)+15.5% YoY (#1 of 51 by volume)

Sources: U.S. Bureau of Labor Statistics, Business Employment Dynamics · U.S. Census Bureau, Business Formation Statistics (BFS)

See the full 50-state survival ranking.

Compare LLC Costs: Vermont vs Florida

VT

Vermont

✓ Cheaper Long-Term
Formation fee$155
Annual report fee$45
State entity taxNone
Report dueWithin 3 months of fiscal year end
Processing timeUnder 1 business day online; 7 to 10 by mail
Late penalty$0
FL

Florida

✓ Cheaper Upfront
Formation fee$125
Annual report fee$138.75
State entity taxNone
Report dueMay 1
Processing timeLive queue, no fixed turnaround
Late penalty$400
Total Cost
Vermont
Florida
1 Year
$200
$263.75
3 Years
$290
$541.25
5 Years
$380
$818.75

A figure shown as "from" is the least the state can charge, not a price. Tennessee's report is $300 for up to six members and $50 for each member above six, its franchise tax is the greater of $100 or 0.25% of Tennessee net worth, Wyoming's report is the greater of $60 or $.0002 per dollar of in-state assets, Kentucky's entity tax is $175 up to $3 million of gross receipts and graduated above it, and New York's annual filing fee is graduated on New York source gross income. A total that contains one of those is shown as "from" for the same reason. Costs include every mandatory state charge: the filing fee, the report fee (annualised where a state files biennially), any state entity-level tax shown in its own row above, a one-time publication cost where the state publishes a rate for it, and any one-time registration charge a state requires before the LLC may trade. Two exclusions follow from that wording. Arizona and Nebraska require publication and publish no rate, so no newspaper cost is carried for either and their totals are not the whole cost. Alaska's $50 annual state business licence is a separate charge from the Secretary of State fees and is not carried here either. Annualising makes the 1, 3 and 5 year rows a cost of ownership rather than a payment schedule: a biennial state charges its whole report fee in the years it falls due and nothing in between. Entity-level taxes that only apply after a corporate election, or above an owner or income threshold, are excluded and flagged on the state's own cost page. New York's publication cost is carried at a $250 floor, roughly $200 of newspaper cost in a low-cost county plus the $50 Certificate of Publication fee. No county-clerk-designated New York City newspaper publishes a rate card, so the four-figure NYC estimates in wide circulation cannot be traced to a primary source and are not asserted here; budget for materially more than the floor if you file in a NYC county. Every fee was verified against the state's own fee schedule, statute, or revenue authority on 29 July 2026. Excludes registered agent and legal fees. For informational purposes only, not legal or tax advice.

Filing Fees & Formation Costs

Vermont charges $155 to form an LLC, while Florida charges $125. Florida is $30 cheaper upfront. The cost that usually gets overlooked: if you form in Florida but operate in Vermont, you must also register as a foreign LLC in Vermont (a $155 filing) and maintain a registered agent in Florida (typically around $150 per year). That puts the realistic first-year cost of the Florida route at roughly $430, versus $155 for simply forming in Vermont. Only one side of this comparison is knowable: Vermont publishes a standard turnaround (under 1 business day online; 7 to 10 by mail), while Florida posts a rolling queue of the dates it's currently working through rather than a turnaround, so the two can't be ranked against each other on speed.

Taxes: Vermont vs Florida

Florida has no personal income tax while Vermont does, but forming your LLC in Florida won't change that. LLC profits pass through to you and are taxed where you live and operate (in Vermont), not where the LLC is registered, so a Florida LLC offers no income-tax savings for a Vermont-based business. Neither state imposes a separate franchise or privilege tax on LLCs beyond standard filing fees.

Privacy & Asset Protection

Neither Vermont nor Florida offers anonymous LLC formation: both states require owner or manager information on public filings. An authorized person signs the Articles, and the annual report lists managers/authorized members on Sunbiz, so management is a public record. Business owners who prioritize privacy typically form a holding company in a state like Wyoming or New Mexico instead. Both states provide charging-order protection for LLC members, and for most small businesses the practical difference in asset protection between the two is minimal.

Annual Maintenance Costs

Vermont LLCs file an annual report ($45, due within 3 months of fiscal year end), and Florida LLCs file an annual report ($138.75, due May 1). If you form in Florida while operating in Vermont, you maintain filings in both states, Florida's report plus Vermont's equivalent for your foreign registration, and pay a Florida registered agent roughly $150 per year. Counting report fees, the agent and any entity-level tax, that brings the Florida route to roughly $333.75 a year, versus about $45 to keep a domestic Vermont LLC in good standing.

When Florida Actually Makes Sense

Forming in Florida makes sense in a few specific situations: your business genuinely operates in Florida, with a real office, employees, or property there, or you're relocating to Florida in the near future, which would also move you out of Vermont's personal income tax. For a typical small business based in Vermont, none of these usually apply. Registering a Florida LLC to do business back home means $155 in Vermont foreign-registration fees, on top of Florida's $125 formation fee, while Vermont's own annual report runs $45 a year and is due within 3 months of fiscal year end. When in doubt, form where you actually do business.

Frequently Asked Questions

Comparison chart of forming an LLC in Vermont versus Florida, contrasting filing fees, annual report cost and ongoing obligations across 8 factors.
Vermont and Florida side by side on the factors that decide where to form. Source: MyStateLLC 50-state cost dataset, verified against each Secretary of State's published fee schedule, July 2026.

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More State Comparisons

Vermont vs Georgia →Vermont vs Hawaii →Vermont vs Idaho →Vermont vs Delaware →Florida vs Delaware →
Vermont LLC Guide →Florida LLC Guide →
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Sources

Each entry below is a document recorded in our verified sources, and each entry says what the document is. Some statutory text is read from an accurate mirror rather than from the state's own host, and those say so.

Edmond Hui

Edmond Hui · Founder, MyStateLLC

Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.