How much does it cost to start an LLC in Tennessee?

The state filing fee is $300. Counting the recurring report and minimum state tax, year one costs $400 in state fees if you act as your own registered agent.

How much does an LLC cost per year in Tennessee?

After the first year, state fees average $400 a year: the annual report (minimum) is $300 every year, and the franchise tax (minimum) is $100 a year.

Is Tennessee a cheap state for an LLC?

Over 5 years Tennessee costs $2,000 in state fees, which ranks 46 of 49 jurisdictions we have confirmed, cheapest first. The median is $335.

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How much does an LLC cost in Tennessee? (2026)

Forming an LLC in Tennessee costs $300 in state filing fees. Year one comes to $400 and 5 years to $2,000, above the median state ($335). After formation, the main yearly cost is the annual report (minimum) at $300, plus the franchise tax (minimum) at $100.

$400Year 1, state fees

$400Average per year after that

$2,0005-year total

46 of 49Rank, cheapest first

Tennessee LLC, 5 years

State fees, acting as your own registered agent

Year 1

Formation filing fee$300

Franchise tax (minimum)$100

Years 2 to 5

Annual report (minimum)$1,200

Franchise tax (minimum)$400

Total over 5 years$2,000

Assumes the recurring report is first due in year 2 and the minimum state tax every year from year 1. Income-based taxes and county or newspaper costs are not included.

Fees and official sources

Fee	Amount	How often	Source
Formation filing	$300	once	official page
Recurring report	$300	every year	official page
Franchise tax (minimum)	$100	every year	official page

Adding a registered agent

You can be your own registered agent if you have a street address in Tennessee and are there in business hours. With the lowest standalone price on our list, Harbor Compliance (registered agent) at $99 a year, the 5-year cost becomes $2,495. Compare registered agent prices.

Tennessee deadlines and late penalties

The annual report is due on or before the first day of the fourth month after the close of the LLC's fiscal year, which is April 1 for a calendar year.
The application for reinstatement after administrative dissolution costs $70.

What to know before you file in Tennessee

The LLC annual report costs $300 for up to six members, plus $50 for each member over six, up to $3,000. Our totals assume a single-member LLC.
State tax: Minimum franchise tax is $100 for any entity registered with the Secretary of State to do business in Tennessee, whether or not active. LLCs must register for franchise and excise tax. Franchise tax is based on net worth.

Tennessee compared with nearby states

Tennessee is the most expensive of this group: Mississippi costs $1,950 less over 5 years. The state where you form is usually the state where the LLC does business; forming elsewhere can mean registering in both.

State	To file	Year 1	Average per year after	5 years
Tennessee	$300	$400	$400	$2,000
Mississippi	$50	$50	$0	$50
Georgia	$110	$110	$60	$350
Kentucky	$40	$215	$190	$975

Questions

How much does it cost to start an LLC in Tennessee?: The state filing fee is $300. Counting the recurring report and minimum state tax, year one costs $400 in state fees if you act as your own registered agent.
How much does an LLC cost per year in Tennessee?: After the first year, state fees average $400 a year: the annual report (minimum) is $300 every year, and the franchise tax (minimum) is $100 a year.
Is Tennessee a cheap state for an LLC?: Over 5 years Tennessee costs $2,000 in state fees, which ranks 46 of 49 jurisdictions we have confirmed, cheapest first. The median is $335.

Sources, read verified 2026-11-15: sos.tn.gov/businesses/services/business-forms-fees · sos.tn.gov/businesses/faqs · tn.gov/revenue/taxes/franchise---excise-tax.html · tnbear.tn.gov/Ecommerce/AnnualReportInstr.aspx