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Florida vs Virginia LLC Cost (2026): $264 vs $150

Side-by-side LLC formation cost comparison for Florida and Virginia: filing fees, annual report costs, processing time, and tax implications.

No signup No tracking Last updated March 2026

Forming an LLC in Virginia costs $150 in year one — $114 cheaper than Florida ($264).

Florida

State filing fee $125
Annual report fee $139 per year
Processing time 3–5 days
State income tax None
First-year total $264

Virginia

Lower Cost
State filing fee $100
Annual report fee $50 per year
Processing time 1–3 days
State income tax Yes
First-year total $150

Full LLC Cost Comparison: Florida vs Virginia

Factor Florida Virginia
State filing fee (one-time) $125 $100
Annual report fee $139 / per year $50 / per year
Processing time 3–5 business days 1–3 business days
State income tax No income tax Yes
First-year total $264 $150

Virginia saves you $114 in year one compared to Florida.

Florida LLC Notes

Florida has no personal income tax, making it popular for small business owners.

Virginia LLC Notes

Virginia's fast processing makes it easy to get started quickly.

Which State Should You Actually Use?

For most small businesses, form your LLC where you actually do business — not where the filing fee is cheapest. If you operate in Florida, form there. If you operate in Virginia, form there.

  • Forming in your home state: Simpler compliance, no registered agent needed in another state, no foreign qualification fees.
  • Forming in Wyoming or Delaware: Makes sense for investor-backed startups, multi-member LLCs with complex ownership structures, or businesses operating in multiple states.
  • Key cost trap: If you form in Florida but operate in Virginia, you'll pay both states' fees — eliminating any savings.
Estimates only. These results are based on publicly available data and standard formulas. Actual costs may vary based on your specific circumstances. This calculator does not constitute financial, tax, or legal advice. Consult a qualified professional for advice on your situation.

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