Your Massachusetts Company Formed By:
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Corporation
Friday
November 22nd
Starting a Business in Massachusetts
The Basics
Our simple ordering process will guide you through the required information and in a matter of days your new Massachusetts business entity will be formed. We take the ‘unknown’ out of filing and end the confusion. Our quick, secure online ordering process and simple filing methods allow you to concentrate on your new business…not the filings.
Our staff is available to assist you when you need it most, call us today. We’ll also include website, email, and phone service at no additional upfront cost so you can get on the web and start fielding client calls in minutes.
Doing Business in Massachusetts
Business Maintenance
All Massachusetts Corporations and LLCs Must File:
- Articles of Incorporation
File your Articles of Incorporation or Articles of Organization with the Massachusetts Secretary of the Commonwealth and pay the filing fee. The cost to form a Massachusetts corporation is $275. The cost for an LLC is $500.
- Beneficial Ownership Information Report
Nearly all businesses formed by filing with the state of Massachusetts must file a federal Beneficial Ownership Information (BOI) Report with the Financial Crimes Enforcement Network (FinCEN) following business formation. You can file online through FinCEN at no cost. Or, take advantage of our professional BOI report filing service for just $25.
- Annual Report
The Massachusetts Annual Report costs $125 for corporations or $500 for LLCs. The annual report for corporations is due 2 and ½ months after the corporation’s fiscal year end. The annual report for LLCs is due on the company’s exact filing anniversary date. Massachusetts corporations and Massachusetts LLCs can file the annual report online.
Massachusetts Secretary of Commonwealth
Secretary of Commonwealth
Corporations Division
One Ashburton Place, 17th Floor
Boston MA 02108
Massachusetts Business Taxes
Personal Income Tax
The Massachusetts personal tax rates range from 2% on the first $1000 of taxable income up to 5.75% on income over $250,000.
Corporate Business Tax
The tax rate for Massachusetts corporations is 8.25%.
Massachusetts Business License
Massachusetts does not have a state general business license. However, you will need to apply for the necessary trade licenses or local licenses, permits, etc.