Legal Fees for Business Formation : Incorporations
and LLC's
Incorporation
Packages - starting at $500 plus filing fees - click to start Incorporation
Questionnaire
Massachusetts Corporate Formation Legal Fees:
BASIC PACKAGE:
"C" or "S" Corporation ..................................$500.00
plus state filing fee ($305) (includes Preparation and filing of
Articles of organization, sub "s" election)
Limited Liability Corporation ..........................$750.00
plus state filing fee ($505)
What's the difference between the two entities? Click
here to find out.
PROFESSIONAL INCORPORATION PACKAGE:
includes above plus:
"C" or "S" Corporation
..................................$1500.00 plus state filing
fee ($305)
- reserving your corporate name
- assist with securing fed id #
- includes Preparation and filing of Articles of organization, sub
"s" election
- by-laws preparation; issuance and preparation of Stock certificates;
- a written maintenance schedule;
- first meeting notice to
shareholders and directors
- first meeting with election
of Directors
- first meeting with election
of Officers
- preparation of meeting minutes
- prepare shareholders agreement
- medical expense reimbursement plan
- automatic reminder system for the next years annual meetings
- corporate binder "kit" with seal
- one hour consultation
Everything you need for worry free corporate compliance for the
first year. If you don't have these, you may be forfeiting the purpose
for incorporating, which is to avoid personal liability!!!!!!
OPTIONAL CORPORATE SERVICES FEES:
3. Additional Fee for Expedited Service ............$100.00
(2 day turnaround)
4. Obtain Federal Tax ID Number ....................$100.00
5. Serve as Resident Agent ...........................$100.00 per
year
6. List as Corporate Counsel ..........................$150.00
per year
7. Corporate Kit with By-Laws .......................$100.00
8. Prepare standard by-laws ......................................$125.00
Secretary of State Filing Fees
"C" and "S" Corporation (one time fee)................................$305.00
Limited Liability Corporation (annual)..........................$505.00
(per year)
ANNUAL CORPORATE MAINTENANCE SERVICES:
Beginning on the first anniversary of formation, various maintenance
services are required to keep your entity in good standing and a
yearly meeting must be held with the Minutes prepared as well as
the filing of an annual report with the Massachusetts Secretary
of State. These are required so a creditor cannot "pierce
the corporate veil" of protection.
Standard Corporate
Compliance annual service: Automatic 1 year
reminder for: Annual Meeting Minutes prepared, notices, shareholder
meeting, directors meeting: ...................$500.00 plus filing
fee
OTHER FORMS PREPARED:
Buy-Sell Agreement .............................................................$1,000.00+
Stockholder Agreements........................................................$750.00+
Employment Agreement/ Independent Contractor Agreement .......$500.00+
Prepare and File of Other Corporate Forms ..............generally
$100.00 and up per form plus filing fee where applicable
One-Half (1/2) Hour Consultation ...................$75.00
for initial business formation
(credited toward incorporation fees)
Business Purchase or Sale Agreements:
Hourly rate; call for quote, most start in the $2500 range.
* Current State filing fees are $305 for Incorporations and $505
for LLC's.
The state fee for incorporation is a one time fee.
The state fee for an LLC is a recurring annual fee.
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