Filing fee: $300 · Agency: Tennessee Secretary of State
Processing time: Same-day processing.
Annual report: Annual report fee: $300.
Franchise tax: Tennessee imposes both a franchise tax and an excise tax. The franchise tax is 0.25% of the greater of net worth or the book value of real and tangible personal property owned or used in Tennessee, with a minimum tax of $100. The excise tax is 6.5% of net earnings. These taxes apply to LLCs registered or doing business in Tennessee.
Notes: If the LLC's principal office is in Tennessee, a copy of the Articles of Organization must be filed with the Register of Deeds in that county.