Last Updated: February 16, 2024, 12:09 pm by TRUiC Team


How Much Does It Cost to Start an LLC in Colorado?

The cost to start an LLC (limited liability company) online in Colorado is $50. This fee is paid to the Colorado Secretary of State when filing the LLC’s Articles of Organization.

We recommend Northwest ($29 + State Fees) to help form your LLC.

How Much Does an LLC Cost in Colorado?

Colorado Online LLC Filing Fee: $50

It costs $50 to file your LLC's Articles of Organization online with the Colorado Secretary of State. 

For a look at LLC costs in every state, read our other Cost to Start an LLC and How to Form an LLC guides.

Cost to Form a Foreign LLC in Colorado

If you already have an LLC that is registered in another state and you’d like to expand your business into Colorado, you’ll need to register your LLC as a foreign LLC in Colorado.

The cost for registering a Colorado foreign LLC is $100. You can register a foreign LLC in Colorado by filing a Statement of Foreign Entity Authority.

Optional LLC Formation Costs

There are optional fees associated with LLC formation:

LLC Name Reservation

Reserve your name for up to 120 days prior to LLC formation by filing the LLC Name Reservation Form and paying the $25 filing fee.

Foreign LLC Name Reservation

Reserve your name for up to 12 months prior to LLC formation by filing the LLC Foreign Name Reservation Form and paying the $40 filing fee.

Trade Name

File a statement of trade name and pay the $20 filing fee to create a name other than your legal LLC business name.

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Ready to Start Your Colorado LLC?

Read our LLC formation services review to choose the best service for you.

Colorado LLC Annual Fees

When operating a Limited Liability Company (LLC) in Colorado, it's crucial to understand the costs involved in order to maintain your business’s good standing with the state.

The primary annual fee to consider is Colorado’s periodic report (i.e., annual report). The purpose of this report is to keep the state updated with the most current information about your business, such as the names and addresses of the members and managers. The fee for filing this report is $10 and can be done online.

Should your business work in a specific industry or restricted professional trade (e.g., medicine, real estate, etc.), you will likely need to sign up for and continuously maintain state- or local-level business licenses and permits.

Finally, in the event that you choose to hire a professional registered agent service for your LLC, keep in mind that this service will come with an annual fee.

How to Register a Colorado LLC Yourself

Establishing your own LLC in Colorado is something you can achieve independently. By following these seven steps, you'll be all set. 

These clear guidelines will navigate you through the process of registering your Colorado LLC, making it straightforward and stress-free.

Recommended: Using an LLC formation service like Northwest ($29 + State Fees) saves time and ensures compliance. Besides the low cost, we like their streamlined approach and excellent customer service.

Seven Basic Steps to Start an LLC in Colorado

Step 1: Name Your Colorado LLC
Step 2: Choose a Registered Agent
Step 3: File the Articles of Organization
Step 4: Create an Operating Agreement
Step 5: Get an EIN
Step 6: File the Periodic Report
Step 7: Keep Your Company Compliant

Step 1: Name Your Colorado LLC

When you name your Colorado LLC, you’ll need to choose a name that:

  1. Is available for use in the state of Colorado
  2. Meets Colorado naming requirements
  3. Is available as a web domain

Recommended: Visit our Start an LLC in Colorado guide for detailed naming rules and instructions for registering a business name in Colorado.

Not sure what to name your business? Check out our How to Name a Business guide and free LLC Name Generator.

We recommend that you check online to see if your business name is available as a web domain. Even if you don't plan to create a business website today, you may want to buy the URL in order to prevent others from acquiring it.

Find a Domain Now

Step 2: Choose a Registered Agent

All LLCs in Colorado must appoint a registered agent. A registered agent primarily acts as your LLC’s main point of contact with the state. But most importantly, they are responsible for accepting service of process in the event your business is sued.

Your Colorado registered agent must:

  • Be at least 18 years or older
  • Have a physical address in Colorado
  • Be available during normal business hours to accept service of process

Get Free Registered Agent Services

Form an LLC with Northwest Registered Agent to get one year of registered agent services free of charge.

Step 3: File the Articles of Organization

The Colorado Articles of Organization is a document that is filed with the Colorado Secretary of State to form an LLC. The fee for filing the Articles of Organization is $50.

For detailed instructions for completing the Articles of Organization, visit our How to File the Colorado Articles of Organization guide.

File the Colorado Articles of Organization

File Online With the Colorado Secretary of State

File Online

State Filing Cost: $50

Step 4: Create an Operating Agreement

An operating agreement isn't required for Colorado LLCs, but it's a good practice to have one.

What is an operating agreement? An operating agreement is a legal document outlining the ownership and operating procedures of an LLC.

Why are operating agreements important? A comprehensive operating agreement ensures that all business owners are on the same page and reduces the risk of future conflict.

For more information on operating agreements, read our Colorado LLC operating agreement guide.

Step 5: Get an EIN

What is an EIN? An EIN or Employer Identification Number is a nine-digit number issued by the Internal Revenue System (IRS) to identify a business for tax reporting purposes. An EIN is essentially a Social Security number (SSN) for your company.

Why do I need an EIN? An EIN number is required for the following:

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Free EIN: You can get an EIN from the IRS website (free of charge) after forming your business.

Step 6: File the Periodic Report

Colorado requires LLCs to file a yearly periodic report with the Colorado Secretary of State. The filing fee is $10 and must be submitted online.

Periodic reports are due within a five-month period starting two months before your LLC's formation date and two months after. For more information, visit Colorado's Secretary of State website.

Step 7: Keep Your Company Compliant

Compliance with federal, state, and local laws is crucial for operating an LLC in Colorado. Here are the key points:

  • Licenses & Permits: Ensure you have the necessary licenses and permits as per your business type. Refer to the Colorado Business License guide for specifics.
  • Tax Filing: Depending on whether you sell goods or hire employees, you may need to register for certain state taxes. Colorado's base state sales tax is 2.9%. Regardless of those, you must file state and federal income tax returns as well.
  • Hiring Employees: In order to hire employees for your LLC, be sure to check work eligibility, report new hires to the state, provide workers' compensation insurance, withhold employee taxes, and display workplace compliance posters.

These guidelines will help keep your Colorado LLC compliant with all necessary regulations.

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Steps After LLC Formation

Read all the steps you’ll need to maintain your LLC’s personal liability protection, open a business bank account to protect your personal assets, get business insurance, and stay up to date with state reporting requirements.

Visit our After Forming an LLC guide to learn more.

Colorado LLC Cost FAQ

In the state of Colorado, the basic filing fee for setting up an LLC is $50. This fee is paid to the Colorado Secretary of State when submitting the required Articles of Organization.

While the main cost to form an LLC in Colorado is the $50 filing fee, other potential costs include obtaining necessary licenses and permits for your specific business, setting up a registered agent, and ongoing costs like the periodic report filing fee.

Yes, Colorado requires LLCs to file a Periodic Report each year, for which a $10 fee is charged. This report keeps your LLC in good standing and updates the state on any changes in your business, such as addresses or managing members.

There are no "hidden" costs per se, but it's essential to understand all the potential costs involved. Apart from the state filing fee and possible business licensing fees, you might incur costs for professional services like accounting or LLC formation services, which can assist with the filing process.

While it's entirely possible to form an LLC in Colorado by yourself, there are advantages to using an LLC formation service. These services typically charge a fee, but they can streamline the process, ensure accuracy, and save you time, which could be more valuable to you in the long run.

The cost of using an LLC formation service can vary, typically ranging from $50 to $500, depending on the level of service required. Some offer basic services for a lower cost, while others provide comprehensive packages that include services like obtaining an EIN, drafting an operating agreement, and more.

While the initial filing fee to form an LLC in Colorado is a one-time expense, it's important to remember the ongoing costs. These include the annual report filing fee, any required licenses or permits, and potentially the costs of maintaining a registered agent service.

If you want to change your Colorado LLC's name, you'll need to file a Statement of Change Changing the Entity Name form with the Colorado Secretary of State. The filing fee for this document is $20.

The cost to form an LLC in Colorado does not increase if you have more members. The state filing fee remains the same whether your LLC is single-member or multi-member. However, multi-member LLCs may have more complex operating agreements, which could potentially incur additional costs if you use a service to draft this document.

Yes, when changing or appointing a new Registered Agent in Colorado, the new agent must officially consent by checking the appropriate box electronically during the filing process.

Article Sources

Colorado Department of Regulatory Agencies:
https://dpo.colorado.gov/

IRS - Employer ID Numbers:
https://www.irs.gov/businesses/small-businesses-self-employed/employer-id-numbers

Colorado Secretary of State:
https://www.coloradosos.gov/

SBA - Apply for Licenses and Permits:
https://www.sba.gov/business-guide/launch-your-business/apply-licenses-permits

Chamber of Commerce - Colorado Chamber of Commerce List:
https://www.officialusa.com/stateguides/chambers/colorado.html