Washington LLC Annual Fees and Startup Costs

Welcome to the ultimate guide on Washington LLC annual fees and startup costs! Whether you’re an aspiring entrepreneur or an established business owner, understanding the financial obligations associated with forming and maintaining a limited liability company (LLC) in Washington state is crucial. In this article, we’ll break down the essential details and provide you with the insights necessary to navigate the financial landscape of starting and running an LLC in the Evergreen State. So, let’s dive in and unravel the mysteries of Washington’s LLC annual fees and startup costs!

LLC Formation in Washington State

To start a Washington LLC, you’ll need to file a Certificate of Formation with the Washington Secretary of State. The filing fee for this is $180. Additionally, you’ll need to designate a registered agent for your LLC, who will receive important legal documents on behalf of your company. You can choose to be your own agent or hire a professional registered agent service.
The annual report for your LLC is due by the end of your anniversary month each year, and the fee for filing the report is $71. This report is filed online through the Washington Secretary of State’s website.

Washington State LLC Requirements

To start a Washington LLC, you need to file a Certificate of Formation with the Washington Corporations and Charities Division. This can be done online or by mail. The filing fee is $200 for online filing and $180 for paper filing. In addition, you will need to appoint a registered agent to receive legal documents on behalf of your LLC.

After your LLC is formed, you are required to file an Annual Report with the state every year. The fee for the Annual Report is $60. The report can be filed online using the Washington Corporations and Charities Filing System.

By fulfilling these requirements, you can establish and maintain your Washington LLC without any hassle.

Maintaining a Foreign LLC in Washington State

Maintaining a Foreign LLC in Washington State requires annual fees and startup costs. The Washington LLC Annual Report must be filed every year to keep the LLC in good standing. The fee for filing the report is $60. If the report is not filed on time, there is a late fee of $10 per month. The report can be filed online or by mail.
The process can be done through the OSOS Home page or the Washington Corporations and Charities Filing System. To file by mail, the paper form can be downloaded from the website. It is important to keep the LLC name, registered agent, and principal office address up to date on the report. If any changes are made, an amendment must be filed. Failure to file the annual report or amendments can result in the LLC being administratively dissolved.
It is also recommended to have a Washington LLC Operating Agreement in place to document the LLC’s internal operations.

Professional LLCs in Washington State

Professional LLCs in Washington State are subject to annual fees and startup costs. These fees are paid to the Washington Secretary of State’s Office (OSOS) and are necessary for maintaining the legal status of your business. The annual fee for a Professional LLC in Washington is $200. Additionally, there may be other costs associated with the formation of your LLC, such as the filing fee and the fee for appointing a registered agent. It is important to note that the fees and costs may vary depending on the type of LLC and the services you require.
To ensure compliance with the state’s regulations, it is advisable to consult with a professional or utilize online resources such as LLC University or the OSOS website.

Registering a Trade Name for your Washington State LLC

Registering a Trade Name for your Washington State LLC is a straightforward process. The first step is to check if your desired trade name is available. You can do this by searching the Washington Secretary of State’s website or contacting their office directly. Once you have confirmed availability, you can register your trade name by completing the necessary paperwork. This can be done online or through a paper form. The cost for registering a trade name is $5 for online filing and $20 for paper filing.
After submitting the registration, you will receive a receipt as proof of registration. It’s important to note that registering a trade name does not provide the same level of protection as registering a trademark. If you require further assistance, you can consult with a professional or utilize the resources available on the Washington Secretary of State’s website.

Washington State LLC Taxes and Fees

Washington LLC Annual Fees and Startup Costs

Tax/Fee	Description	Amount
Annual Report Fee	An annual report must be filed with the Washington Secretary of State to maintain active LLC status.	$60
Business License Fee	All LLCs operating in Washington are required to obtain a business license from the Washington State Department of Revenue.	Varies based on business activities
Business and Occupation Tax (B&O)	A tax imposed on businesses for the privilege of engaging in business activities in Washington.	Varies based on business classification and revenue
Department of Revenue Renewal Fee	An annual renewal fee is required to be paid to the Washington State Department of Revenue.	$14
Department of Revenue Tax Registration	An initial tax registration must be completed with the Washington State Department of Revenue.	$15
Registered Agent Fee	LLCs are required to appoint a registered agent in Washington to receive legal documents and important communications on behalf of the company.	Varies based on registered agent service provider