Connecticut is a state that is somewhat overlooked in many facets. However, despite the fact that many people might not gravitate towards the Constitution State to start a company, you certainly cannot deny the abundance of redeeming qualities on offer throughout the state.
If you put the hamburgers, amazing cultures, beautiful landscapes, and awesome lifestyle to one side, you are left with a state that is still enticing for those looking to register a business in Connecticut.
How much does it cost to register a business in Connecticut? The fees to register a company are mid-range when compared with other states. They are not awfully high, but they are certainly not the lowest either. However, when you weigh up the states’ pro-business benefits, and other attractive factors, it might just be worth the price tag, whether that be an LLC, an Incorporated company, a partnership, a non-profit, or any other type of company.
What is the cost to register a business in Connecticut?
One of the two different types of companies (most common) you may wish to form when starting and registering a business in Connecticut are:
- Connecticut Limited Liability Company (LLC)
- Connecticut Incorporated Company (Inc.)
Of course, there are other types of structures such as sole proprietorship, a limited or general partnership, and non-profit, but the most common two are the limited liability company and corporation.
When it comes to registering your company in the U.S., it is important to be aware that the registration and renewal costs differ depending on which state you decide to register in. The type of business structure you decide on will also determine the specific costs.
If you would like to pay for the services of a formation and business filing services company to register your Connecticut business the right way, they can do it for an affordable fee that ensures it is done properly and all the correct documents are filed according to Connecticut law. They will also take care of all the after-formation procedures so your business is compliant with Connecticut law and legally registered.
How much does it cost to register a company in Connecticut?
- Connecticut LLC Initial Registration: $120
- Connecticut Corporation Initial Registration: $250
- Connecticut Non-Profit Initial Registration: $50
- Foreign LLC Initial Registration: $120
- Foreign Corporation Initial Registration: $250
- Limited Partnership (LP) Initial Registration: $120
- Limited Liability Partnership (LLP) Initial Registration: $120
The costs to register a business in Connecticut noted above are the total fees you must pay but do not include several optional fees that are offered by the Connecticut Secretary of State. For example, when you open a bank account or apply for credit, some financial institutions may need a certified copy of your registration certificate. The costs include the initial filing fees and the registered agent designation fees that the Secretary of State charges.
How much does it cost to renew a company in Connecticut?
According to Connecticut law, any company wishing to continue doing business in the State of Connecticut must file an annual report with the Secretary of State. Some annual fees are the same as the initial registration costs, while others are less or more!
- LLC Annual Report Fee: $80
- Foreign LLC Annual Report Fee: $80
- Corporation Annual Report: $150
- Foreign Corporation Annual Report: $435
- Limited Partnership (LP) Annual Report: $80
- Foreign Limited Partnership Annual Report: $80
- Limited Liability Partnership (LLP) Annual Report: $80
- Foreign Limited Liability Partnership Annual Report: $80
- Non-profit Annual Report: $50
If you are looking to close or dissolve your business in Connecticut for whatever reason it may be, it is important to familiarize yourself with the process, dissolving a business in Connecticut doesn’t have to be a daunting task, make sure to take a look at our tutorial before you begin the task.
Note: the fees that are noted as $80 have been recently increased (July 2020), it is important to know that the annual report fees may change from time to time, and we are keeping on top of this, making sure you are provided with the correct and accurate information.
Connecticut Secretary of State Corporations Section Delivery Address and Contact Information
Connecticut Secretary of State Mailing Address
Secretary of the State
ATTN: Capitol Office
PO Box 150470
Here is the fee schedule from the Connecticut Secretary of State.