Tennessee at a glance. The state fee is at least $300: 48 other jurisdictions charge less to form an LLC and 1 charge more. Keeping it active costs about $300 a year in state costs: the annual report is $300 / yr.
What it costs to form an LLC in Tennessee
The state fee to form an LLC in Tennessee is at least $300. That is $175 more than Florida's $125. This is the minimum: the fee is $50 per member, up to $3,000.
This is the amount charged by the state itself. It does not include a registered agent, a service company's fee, local business licenses or income taxes.
Tennessee annual report and yearly costs
The report costs $300 every year.
- Other state costs: Tennessee's annual report starts at $300 and can reach $3,000, plus $50 per member over six.
Counting the annual report and any flat yearly tax, the state-only cost after the first filing is about $300 per year.
Corporation in Tennessee
The state fee to form a corporation in Tennessee is $100.
This is a flat fee in Tennessee. Coral Filings files every corporation with up to 500 authorized shares.
- Annual report: We could not confirm on an official page whether this state requires an annual report or what it costs. Check the state's website before you file.
- Other state taxes and costs: Franchise tax (based on net worth) and excise tax (based on net earnings); the minimum franchise tax is $100, payable even if inactive.
Coral Filings can form your Tennessee corporation, as a C-Corporation or with an S-Corporation election planned (you file IRS Form 2553 yourself, and individuals who are not US residents cannot own S-Corporation stock). Start your Tennessee corporation. Read what a C-Corp is and what an S-Corp is.
How to form an LLC in Tennessee, step by step
- Choose a name that follows Tennessee's rules and check that it is available in the state's business search.
- Appoint a registered agent with a physical street address in Tennessee. Coral Filings can act as yours.
- File the formation document with the state's filing office and pay the fee. Use the official portal linked below.
- Request an EIN from the IRS.
- Put the annual report deadline on your calendar so the LLC stays in good standing.
Let Coral Filings handle it
You can usually form an LLC in the state where you do business. LLC orders for Tennessee are coming soon: the state charges per member (see above), so the price depends on how many members the LLC has. Corporations are open now: Start your Tennessee corporation. You can also file the LLC yourself with the official page below, or look at Florida, where a founder who lives abroad often forms the LLC for a $125 state fee.
Frequently asked questions
How much does it cost to form an LLC in Tennessee?
The state fee is at least $300. Registered agent, local licenses and service company fees are extra.
Does Tennessee require an annual report for an LLC?
The report costs $300 every year.
How much does it cost to form a corporation in Tennessee?
The state fee is $100, a flat fee.
Can I form an LLC in Tennessee if I live in another country?
In most states you can, as long as you have a registered agent with a physical address in the state. Coral Filings can act as your registered agent in the states it sells.
This page is general information, not legal or tax advice. For your specific situation, talk to a licensed attorney or CPA.