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LLC in Massachusetts? Bend over!


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Trying to file an LLC here in Mass. If the filing fee of $500 isn't bad enough, they require you to file an annual report each year.

Cost to file the annual report? $500!

Looked at filing in Delaware for $75 but found out that I would need to register as a foreign entity here in Mass.

Cost to register as a foreign entity? $500!

Seems like Mass has us over a barrel.

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Had similar situation in California which treats foreign LLC as a foreign corporation. They also want an arm & a leg in fees. In my case I wanted to form LLC to protect business assets, my personal assets were protected with a irrevocable trust and QPRT. I ended up opening a LLC in Nevada and leased the equipment to myself as a sole proprietor and ran in California.

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