Free Business Tool

C-Corporation Setup Cost
by State — 2024 Guide

Compare C-Corp formation fees and annual maintenance costs across all 50 U.S. states. Use this free tool to find the most cost-effective state to incorporate your business — then speak with our M&A advisory team at Quentin Smith to build your corporate structure the right way.

Interactive State Map

Low (≤$60)
Moderate ($61–$100)
Above Avg ($101–$150)
High (>$150)
ALAKAZARCACOCTDEFLGAHIIDILINIAKSKYLAMEMDMAMIMNMSMOMTNENVNHNJNMNYNCNDOHOKORPARISCSDTNTXUTVTVAWAWVWIWY

Click any state to see pricing details

AL

Alabama

High Cost

Formation

$200

Annual

$100 min Business Privilege Tax

Business Privilege Tax filings required.

AK

Alaska

High Cost

Formation

$250

Annual

$100 biennial

Biennial report required every two years.

AZ

Arizona

Low Cost

Formation

$60

Annual

$45 Annual Report

Publication requirements may apply.

AR

Arkansas

Low Cost

Formation

$45

Annual

$150 Franchise Tax Report

Annual Franchise Tax Report required.

CA

California

Moderate

Formation

$100

Annual

$25 + $800 min franchise tax

Statement of Information required.

CO

Colorado

Low Cost

Formation

$50

Annual

$25 Periodic Report

Periodic Report due annually.

CT

Connecticut

High Cost

Formation

$250

Annual

$150 Annual Report

Annual Report required.

DE

Delaware

Moderate

Formation

$89

Annual

$50 + $400 Franchise Tax

Franchise Tax calculated using share/value methods.

FL

Florida

Moderate

Formation

$70

Annual

$150 Annual Report

Annual Report required.

GA

Georgia

Moderate

Formation

$100

Annual

$50 Annual Registration

Annual Registration required.

HI

Hawaii

Low Cost

Formation

$50

Annual

$15 Annual Report

Annual Report required.

ID

Idaho

Moderate

Formation

$100

Annual

$20 Annual Report

Annual Report required.

IL

Illinois

Above Average

Formation

$150

Annual

$75 Annual Report

Annual Report required.

IN

Indiana

Moderate

Formation

$90–$100

Annual

$32 Biennial Report

Biennial Business Entity Report required.

IA

Iowa

Low Cost

Formation

$50

Annual

$60 Biennial Report

Biennial reporting requirements apply.

KS

Kansas

Moderate

Formation

Varies

Annual

$55 Annual Report

Annual Information Report required.

KY

Kentucky

Low Cost

Formation

$40

Annual

$15 Annual Report

Organization Tax based on authorized shares.

LA

Louisiana

Low Cost

Formation

$60

Annual

$35 Annual Report

Additional state tax filings may apply.

ME

Maine

Above Average

Formation

$145

Annual

$85 Annual Report

Annual Report due June 1.

MD

Maryland

Above Average

Formation

$120

Annual

$300 Personal Property Return

Annual Report/Personal Property Return required.

MA

Massachusetts

High Cost

Formation

$275

Annual

$125 Annual Report

Annual Report required.

MI

Michigan

Low Cost

Formation

$60

Annual

$25 Annual Report

Annual Statement required.

MN

Minnesota

Above Average

Formation

$135–$155

Annual

$0 Annual Renewal

Annual Renewal required.

MS

Mississippi

Low Cost

Formation

$50

Annual

$0 Annual Report

Annual Report due April 15.

MO

Missouri

Low Cost

Formation

$58

Annual

$0

No general annual report requirement.

MT

Montana

Moderate

Formation

$70

Annual

$20 Annual Report

Annual Report required.

NE

Nebraska

Low Cost

Formation

$60

Annual

$25 Biennial Report

Publication requirement; biennial report.

NV

Nevada

Moderate

Formation

$75

Annual

$650+ Annual List & License

Initial List and Business License required.

NH

New Hampshire

Moderate

Formation

$100

Annual

$100 Annual Report

Annual Report required.

NJ

New Jersey

Above Average

Formation

$125

Annual

$75 Annual Report

Annual Report required.

NM

New Mexico

Moderate

Formation

$100

Annual

$0

No general annual report requirement.

NY

New York

Above Average

Formation

$125

Annual

$9 Biennial Statement

Publication requirement; Biennial Statement.

NC

North Carolina

Above Average

Formation

$125

Annual

$25 Annual Report

Annual Report required.

ND

North Dakota

Moderate

Formation

$100

Annual

$25 Annual Report

Annual Report required.

OH

Ohio

Moderate

Formation

$99

Annual

$0

No general annual report requirement.

OK

Oklahoma

Low Cost

Formation

$50

Annual

$25 Annual Certificate

Annual Certificate filing required.

OR

Oregon

Moderate

Formation

$100

Annual

$100 Annual Report

Annual Report required.

PA

Pennsylvania

Above Average

Formation

$125

Annual

$7 Annual Report

Annual reporting reinstated.

RI

Rhode Island

High Cost

Formation

$230

Annual

$50 Annual Report

Annual Report required.

SC

South Carolina

Above Average

Formation

$135

Annual

$25 Annual Report

Reporting tied to tax filings.

SD

South Dakota

Above Average

Formation

$150

Annual

$50 Annual Report

Annual Report required.

TN

Tennessee

Moderate

Formation

$100 min

Annual

$100 min Franchise & Excise Tax

Fees tied to authorized shares.

TX

Texas

High Cost

Formation

$300

Annual

No annual fee; franchise tax filing

Franchise Tax and Public Information Report.

UT

Utah

Low Cost

Formation

$54

Annual

$18 Annual Renewal

Annual Renewal required.

VT

Vermont

Above Average

Formation

$125

Annual

$45 Annual Report

Annual Report required.

VA

Virginia

Moderate

Formation

$75

Annual

$100 Annual Registration

Annual fee varies by share count.

WA

Washington

High Cost

Formation

$180–$200

Annual

$70 Annual Report

Annual Report required.

WV

West Virginia

Moderate

Formation

$100

Annual

$25 Annual Report

Annual Report required.

WI

Wisconsin

Moderate

Formation

$100

Annual

$25 Annual Report

Annual Report required.

WY

Wyoming

Moderate

Formation

$100 min

Annual

$60 min Annual License Tax

Annual License Tax based on in-state assets.

Ready to Incorporate?

Let Quentin Smith Structure
Your Corporate Foundation

Choosing the right state to incorporate is only the beginning. Our M&A advisory team helps entrepreneurs and investors structure C-Corps for maximum credit access, capital formation, and long-term growth.

What Does It Cost to Form a C-Corporation?

Forming a C-Corporation in the United States involves two primary costs: a one-time state filing fee (formation fee) and recurring annual maintenance costs. Formation fees range from as low as $40 in Kentucky to as high as $300 in Texas. Annual fees can vary even more dramatically — Nevada, for example, requires over $650/year in combined fees, while states like Missouri and New Mexico have no annual report fee at all.

Why Delaware and Wyoming Are Popular Choices

Delaware remains the gold standard for C-Corp formation due to its well-established corporate law, investor familiarity, and Court of Chancery. Wyoming has emerged as a popular alternative for business owners seeking privacy and low ongoing costs. However, the best state for your C-Corp depends on where you operate, your funding goals, and your long-term M&A strategy.

C-Corps and Business Credit

A properly formed C-Corporation is one of the most powerful vehicles for establishing business credit. Unlike sole proprietorships or LLCs, C-Corps can issue stock, attract venture capital, and build a corporate credit profile entirely separate from the founder's personal credit. At Quentin Smith Mergers & Acquisitions, we advise clients on structuring their entities to maximize access to capital from day one.

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