LLC Cost in Wisconsin – How Much to Pay for an LLC

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Perhaps you are hoping to form an LLC in Wisconsin. People assume that starting an LLC is difficult and costly. However, it’s generally not difficult, and the cost would vary across states. We have all the info you need to know about the cost of forming an LLC, particularly the LLC cost in Wisconsin.

Wisconsin LLC Cost of Filing

Here are the costs involved in forming an LLC in Wisconsin.

Cost of Filing Formation Certificates

The Wisconsin Certificate of Formation is responsible for the majority of the cost, which could also vary depending on whether you’re forming a domestic LLC or a foreign LLC. Still, you can file both at the Wisconsin Department of Revenue

Wisconsin Domestic LLC

  • Online Filing costs $130
  • Annual Report Fee costs $25
  • Name Reservation fee costs $15
  • By mail: Fill out the Application Form PDF and submit it to the following address, State of WI – Dept. of Financial Institutions, P.O. Box 93348, Milwaukee, WI 53293. costs $170

Wisconsin Foreign LLC

  • Online filing costs $100
  • Annual Report Fee costs $25
  • Name Reservation fee costs $15
  • By mail: Fill out the Application Form PDF and submit it to the following address, State of WI – Dept. of Financial Institutions, P.O. Box 93348, Milwaukee, WI 53293.

You can visit the Official Wisconsin Department of Revenue website to learn more about Business filings.

Note that filing online is ideal, not only because you need to go to the Department of Revenue office, but also it would be faster. You won’t have to wait in a queue in doing so.

Wisconsin LLC Formation Service or Registered Agent Fee

You need a registered agent to form an LLC in Wisconsin, hence, added costs for service fees. Here are three of the best LLC services on our list that will provide you with registered agents to ease your worries.

LLC Service

Our Rating & Pricing

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#1 TOP PICK

$49 + State Fees

  • 1 year free agent service

  • Multiple options available

  • CPA assessment records

FAST SERVICE

$299 + State Fees

  • Fast service

  • Resource center

  • Flat Rate for all services

$399 + State Fees

  • 1 year free agent service

  • Digital storage

  • Different types of plans

Business Permits and Licenses 

The business licenses depend on your business’s activity and location and are renewed yearly. As such, the cost will vary. Check the Wisconsin Department of Revenue for regulatory boards or agencies requiring licensing. 

Wisconsin LLC Taxes to Be Paid

The business LLCs in the State are subject to different tax filing obligations. Though the taxes may vary among cities and counties.

Wisconsin State Income Tax

This is the State Tax levied on any income you pay to yourself. The tax rate varies between 4.65% to 6.7.65%, depending on the total amount of taxable income.

Wisconsin Sales tax

The standard rate of sales tax applicable is at the rate of 5.00% and the rate can go higher up to 5.6% after the addition of local county tax.

Wisconsin Federal Self-Employment tax

Any profit that Wisconsin LLC Business members draw out from the business is liable to pay self-employment tax. The standard tax rate is 15.3%.

Employer Payroll Tax Withholding

If you hire employees in Wisconsin, you must withhold payroll tax from their salaries. The standard rate of withholding is 7.65% of the taxable salary of the employees.

Wisconsin Property Tax

The State imposes one of the highest property taxes in the country. The State’s average property tax is 1.68% which generally applies to furnishings and equipment owned by businesses in the State.

Cost Comparison Among States

Every state has different costs of filing for an LLC to their respective State Authorities. If you wish to gain a better understanding of the costs of opening an LLC in a different state in comparison to Wisconsin, read the table below:

StateFiling FeeAnnual Fee/Biennial FeeSales tax
Wisconsin LLC$130$25 (annual)5.00%
Minnesota LLC$135 (mail)$155 (online)$06.875%
Michigan LLC$50$25 (annual)6%
Illinois LLC$150$75 (annual)6.25%
Iowa LLC$50$45 (Biennial)6%

The contributing sectors to Wisconsin’s economy are manufacturing, agriculture, and health care. Other sectors include tourism and information technology. The State falls in the higher income states in the United States.

Other Costs

F.A.Qs

Can I start an LLC for free?

It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed. 

Is an LLC expensive?

It is difficult to say whether forming an LLC is expensive. Nevertheless, the cost could be anywhere from $40 to $500. If you refuse to hire professionals, you’ll still have expenses like form fees to cover.

Does an LLC need a bank account?

The need to separate personal money from business funds, thus necessitating the creation of a business bank account for your LLC.

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