A Tennessee LLC costs $597 all-in through Anonymousllc.co in year one: a $297 service fee plus the $300 state filing fee, covering filing, registered agent, operating agreement, EIN, and 4-5 US bank applications. From year two the recurring cost is the $300 minimum annual report ($50 per member, capped at $3,000), franchise and excise tax, and the $100/year registered agent. Tennessee charges no personal income tax. A Wyoming anonymous LLC is $397 all-in with a $60 annual report for founders who want lower ongoing cost and privacy.
The Tennessee Secretary of State charges $300 to file the Articles of Organization, paid once at formation. This is the only mandatory state fee at filing time and one of the higher formation fees in the country. The fee is flat regardless of the number of members or the LLC's expected revenue. Anonymousllc.co pays this $300 to the state on the founder's behalf as part of the all-in package, so there is no separate state payment to arrange.
Anonymousllc.co forms a Tennessee LLC for $597 all-in: a $297 service fee plus the $300 state fee. That price covers the state filing, registered agent for year one, operating agreement, EIN, and four to five US bank applications. There are no upsells hidden behind that number. Add-on services are priced separately when a founder needs them: EIN on its own is $99, ITIN is $299, and BOI filing is $150 where it applies. For founders whose priority is anonymity, Anonymousllc.co recommends a Wyoming LLC at $397 all-in plus a Tennessee foreign qualification.
From year two a Tennessee LLC costs the $300 minimum annual report ($50 per member, capped at $3,000) plus a $100/year registered agent, for about $400/year at the single-member floor. Tennessee also applies franchise and excise tax at the entity level. The annual report scales at $50 per member up to a $3,000 cap, so a single-member LLC pays $300 and larger member counts scale up. Tennessee charges no personal income tax on LLC profit, which offsets the higher filing and report fees for many owners.
Yes. Tennessee applies franchise and excise tax to LLCs at the entity level, with a $300 minimum. This is separate from the annual report and separate from federal income tax. The franchise and excise obligation applies regardless of whether the LLC is taxed federally as a disregarded entity, partnership, or S-corporation. It is the trade-off for Tennessee charging no personal income tax on the pass-through profit that reaches the owners. Anonymousllc.co partners with US tax preparers who handle the franchise and excise filing. The $300 franchise and excise minimum applies even to a Tennessee LLC with little or no net income, so it is a fixed floor rather than a variable charge for small operators. Anonymousllc.co's US tax partners file the franchise and excise return alongside the federal returns so the two filings stay in sync.
Filing yourself costs the $300 state fee alone, but you handle the name check, Articles, operating agreement, EIN, and bank applications without support. Anonymousllc.co charges the $297 service fee on top of the state fee to complete all of it in 5-10 days. The DIY route saves the service fee but costs time and carries the risk of a rejected filing, a missing operating agreement that blocks the bank account, or an EIN application that stalls for a non-resident. The $597 package removes those failure points and includes the registered agent for year one. The $297 service fee also buys sequencing: the name check, Articles, operating agreement, EIN, and bank applications run in the right order and in parallel where they can, so the LLC reaches a funded bank account in 5-10 business days rather than stalling on a rejected filing or a delayed EIN.
Yes, in both formation and ongoing cost. A Tennessee LLC runs $597 in year one and carries a $300 minimum annual report every year after, while a Wyoming anonymous LLC is $397 all-in with a $60 annual report. New Mexico is the lowest total cost at $347 all-in with no annual report and no annual fee. Wyoming is next with strong anonymity. Founders who need a Tennessee presence but want lower ongoing cost form the Wyoming or New Mexico LLC and foreign-qualify into Tennessee only when local operations require it. The cost gap is structural, not promotional: Tennessee sets a $300 filing fee and a $300 minimum annual report in statute, while Wyoming sets a $100 filing fee and a $60 annual report. A Tennessee presence still makes sense when the business has employees, a storefront, or clients based in Tennessee.
The Tennessee formation package already includes the EIN, so there is no extra charge at formation. Ordered on their own, an EIN is $99, an ITIN is $299, and BOI filing is $150 where it applies. These add-ons sit on top of the $597 all-in Tennessee total only when a founder needs them separately. Most Tennessee LLCs are domestic and exempt from BOI reporting under the March 21, 2025 FinCEN interim final rule, so the $150 BOI fee applies to foreign reporting companies formed outside the US.
Reinstating an administratively dissolved Tennessee LLC costs $250 plus state fees through Anonymousllc.co, handled on a case-by-case basis. Reinstatement requires filing all back annual reports, paying accrued penalties, and submitting a reinstatement application. The dissolution trigger is missed annual reports that push the LLC out of good standing. Keeping the $300 minimum annual report current each year is far cheaper than reinstatement, which is why Anonymousllc.co files the report for clients as part of registered agent service.
A Wyoming anonymous LLC costs $397 all-in and keeps members off public record, versus $597 for a standard Tennessee LLC that lists owners. Adding a Tennessee foreign qualification layers the local registration on top of the private Wyoming parent. The Wyoming route trades a second registration for a $60 annual report instead of Tennessee's $300 minimum and for owner privacy the standard Tennessee filing does not provide. Anonymousllc.co prices the Wyoming anonymous LLC at $397 and quotes the Tennessee foreign qualification during intake based on the business's footprint. Across a five-year horizon the gap widens: five $300 Tennessee annual reports total $1,500, while five $60 Wyoming reports total $300, before the franchise and excise tax Tennessee adds and Wyoming does not.
The total first-year cost is $597: the $300 Tennessee state filing fee plus the $297 Anonymousllc.co service fee. That single figure covers the filing, registered agent for year one, operating agreement, EIN, and four to five US bank applications. Nothing else is required to get the LLC formed, banked, and operational. The registered agent is free in year one, so the recurring $100/year agent charge does not begin until year two. Add-on services stay optional: an EIN ordered alone is $99, an ITIN is $299, and a BOI report is $150 where a foreign reporting company owes one. A founder whose priority is privacy starts with a Wyoming anonymous LLC at $397 all-in and foreign-qualifies into Tennessee.
From year two a Tennessee LLC carries three recurring costs: the $100/year registered agent, the $300 minimum annual report, and the franchise and excise tax, which starts at a $300 minimum at the entity level. That places baseline maintenance near $400/year before any tax-preparation fees. The annual report is a $300 minimum and scales at $50 per member above six members, up to a $3,000 cap. Tennessee charges no personal income tax on the pass-through profit that reaches the owners, which offsets the higher report and franchise costs for many businesses. A Wyoming anonymous LLC holds ongoing cost near $160/year: the $100 agent plus the $60 report.
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