Vermont Corporation cost

Forming a Vermont Corporation

You file Articles of Incorporation with the Vermont Secretary of State, Business Services Division. The state fee is $155. See the official fee.

Every year after

• Annual Report: $60, filed every year. Due: Within two and a half months after the end of the corporation's fiscal year (March 15 for a calendar year).
• First one: Within two and a half months after the end of the first fiscal year after incorporation.
• If you're late: No separate late fee; failure to file leads to involuntary termination, and reinstatement requires the annual report fee for each missed year plus a $50 reinstatement fee.
• Official report page

State taxes that apply even to a small Corporation

• Minimum business entity tax (pass-through LLCs and S corporations): $250 — S corporations, partnerships, and LLCs taxed as partnerships or S corps filing BI-471 or BI-476 generally owe a $250 minimum entity tax each year, due March 15 for calendar-year filers. source
• Minimum corporate income tax (C corporations): $100 — C corporations (and LLCs taxed as C corps) pay a minimum tax by Vermont gross receipts: $100 under $500K; $500 for $500K-$1M; $2,000 for $1M-$5M; $6,000 for $5M-$300M; $100,000 over $300M. Form CO-411 is due April 15. source

Worth knowing

• Formation costs $155 for an LLC, corporation, or nonprofit.
• Annual reports cost $45 for domestic LLCs and $60 for domestic corporations, but $170 and $250 for foreign LLCs and corporations.
• Pass-through LLCs and S corps owe a $250 minimum entity tax each year; C corporations with under $500K in Vermont receipts owe a $100 minimum.
• Nonprofits file a biennial report that is free unless they paid compensation in the prior year ($35).

Registered agent

Vermont requires a registered agent. LLCs and corporations must maintain a registered agent with a physical address in Vermont. You can serve as your own agent if you have a qualifying address; paid services usually charge a yearly fee.