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Just looked into what does it cost to start an LLC and honestly the answer is way more nuanced than people think. Everyone assumes it's dirt cheap, but the reality depends heavily on where you are and how you handle it.
So here's the breakdown. If you're doing it yourself as a DIY project, you could literally get it done for under $100 in some states. But if you hire an attorney to handle everything, you're looking at several thousand dollars. Most people fall somewhere in the middle.
Every state hits you with a filing fee to register the LLC with the secretary of state. That's unavoidable. Kentucky charges just $40, which is basically nothing. But Texas? They want $300. It's wild how much variance there is. The national average sits around $100, but that changes based on where you incorporate.
Beyond the filing fee, there's a bunch of other stuff. If your business operates under a different name than what's on file, you're paying a fictitious name or DBA fee - usually around $25. Then there's the registered agent requirement. You can either pay a service $100-200 annually or handle it yourself if you're in-state.
New York is a perfect example of how costs can stack up. They require you to publish notice in local newspapers for six weeks, which can run $50-200 depending on which papers you use. Add in their $200 filing fee, $50 certificate fee, and you're already looking at several hundred just for the basics. Their annual reports also scale based on income - anywhere from $25 to $4,500.
Here's what people miss: you also need business licenses and permits depending on your industry and location. Some businesses sail through without needing anything extra. Others, like cosmetology or liquor distribution, face way higher regulatory costs. You really need to check with your local jurisdiction because this varies everywhere.
What does it cost to start an LLC ultimately? Could be $100 DIY in a cheap state, could be $2,000+ if you're in New York with an attorney handling it and you need specialized permits. The smart move is figuring out what your specific situation requires rather than just going with the cheapest option.