How Much Does Starting an Oregon LLC Cost?
Legal business registration — and keeping your business in good standing — involves some necessary expenses. Some of these costs are payable to the Oregon Secretary of State Corporation Division, while others are due to additional state entities or the federal government. Here are some common requirements and fees.
Please note that Oregon business license and permit fees may need to be paid when you first form your business, on an ongoing schedule or on an ad hoc basis. Find more details below.
Initial Oregon LLC Fees
You’ll need to file as an LLC with the Secretary of State and pay a filing fee when you first form your business. Here are the current Oregon LLC fees and filing times:
State Fee | State Filing Time | Expedited Filing Time |
$100 | 3 Weeks | 2 Business Days |
State Fee | $100 | |
State Filing Time | 3 Weeks | |
Expedited Filing Time | 2 Business Days |
When you form through Incfile, we charge you this fee and forward it to the Oregon Secretary of State Corporation Division when we file your formation paperwork.
Employer Identification Number
Every LLC in the U.S. should obtain a unique Employer Identification Number (EIN) from the Internal Revenue Service. You'll use it when you open a business bank account, file taxes and pay employees. It's available at no cost from the IRS, or Incfile can get an EIN for you.
Foreign LLCs
When you want to do business in a state other than the one where your business is based, you must create a foreign LLC.
Oregon Foreign LLC Registration
Before you can bring an arm of your business from another state into Oregon, you must request Oregon Foreign Qualification. This means the state gives you permission to conduct business there.
To request registration of an Oregon Foreign LLC, you must complete an Application for Authority to Transact Business and pay a processing fee of $275. The state may have additional requirements so contact the Oregon Secretary of State Corporation Division for more information.
Foreign Qualification to Operate in Another State
If you plan to expand your Oregon LLC into another state, you’ll first need Foreign Qualification or a Certificate of Authority from that state. This is necessary if you'll have a physical presence, employees or banking in that state.
This process will likely entail completing at least one application and paying a filing fee, but each state has different requirements. Before you move forward, compare state filing times and state filing fees so you can plan accordingly.
In addition, though Oregon doesn't have a sales tax, many other states do, so use our sales tax calculator to get an idea of what you may need to pay in another state.
Above all, contact the state government entity that administers business (usually the Secretary of State) to confirm their requirements and for specific instructions.
If you need assistance, Incfile provides complete Foreign Qualification service for all states.
Annual Report Requirements
Most states — including Oregon — require businesses to file an annual (or other periodic) report with the Secretary of State. When you file your annual report, you’ll need to pay a fee of $100. Here are the Oregon annual report filing requirements:
Annual Report
Frequency
Annually
Due Date
On or before the anniversary of LLC’s date of organization.
Filing Fee
$100Oregon Business License and Permit Requirements
It’s your responsibility to make sure you have the proper state, federal or local business licenses to operate your LLC. Some of the associated fees only need to be paid once, while others are ongoing charges.
Permits and licenses vary based on:
The industry your LLC operates in (e.g., restaurants will need health permits)
The location of your LLC (state, county or city) (e.g., a license to conduct business from the city of Salem)
The type of business you run (e.g., healthcare providers must meet HIPAA requirements)
Running your business without the required licenses can expose you to risks and fines from federal, state and local governments.
You can research these permits and licenses yourself, or use Incfile’s Business License Research package, which includes:
- A complete report on all the licenses, permits and tax registrations your LLC will need
- The applications you'll need to file with the state, regional and federal licensing authorities
Operating Agreements
The state doesn't require you to have an Oregon LLC Operating Agreement in place.
An Operating Agreement is a document that covers how the business will be run, how managers and members are chosen, rights and duties of members and several other key areas. It's usually filed with your Articles of Organization.
This document can be extremely helpful in making sure you’re organized and prepared for any future events that may affect your business.
You can make changes to the template based on your unique requirements.
Other Potential Oregon LLC Fees or Requirements
You may need to pay and meet several other fees and requirements during the life of your LLC. These ad hoc fees will only be payable in specific circumstances, as listed below.
Obtaining an Assumed Name or DBA
If you want to establish an Oregon DBA (assumed name), you must file a form with the Secretary of State and pay a filing fee of $50.
Changing the Registered Agent
Your LLC needs an Oregon Registered Agent, which must be appointed when you file your Articles of Organization. You can also switch to a new Registered Agent later at no cost by filing a form.
It’s free for the first year if you form your LLC with us and $119 a year after.
Reserving a Name for Your LLC
If you don’t want to form your business right away, you can reserve a name for 120 days with the Oregon Secretary of State Corporation Division by filing a form and paying a fee of $100. First, perform an Oregon business search and learn about business name rules to ensure you choose a name that meets state requirements.
Amending Certain Facts About Your LLC
Your business formation documents state certain facts about your Oregon business at the time it's formed. Over time, these facts may change. If they do, you'll need to file a Corporation/Limited Liability Company - Information Change form with the Oregon Secretary of State Corporation Division at no cost. You can do this yourself or have Incfile file it on your behalf.
You may want to file an Information Change form when you:
- Add, remove or change an LLC member or manager
- Alter the stated business activities of your LLC
- Change the business address of your LLC
Getting an Oregon Certificate of Good Standing
Some organizations will request that you prove your LLC’s compliance with laws and tax requirements. In most states, this proof is provided with a Certificate of Good Standing. In Oregon, it's a Certificate of Existence.
If you need to prove you have met your commitments, you’ll need an Oregon Certificate of Existence from the Oregon Secretary of State Corporation Division. You can obtain one by filing a Request for Certificate form and paying a fee of $10.
The fees listed above detail many of the charges a standard LLC will be required to pay in Oregon. In some unusual circumstances, there may be other one-off, periodic or ad hoc fees not listed above.
Of course, your LLC will also probably need to pay self-employment, payroll, federal, state and other taxes. More information about taxes can be found on the Oregon Business Tax page.
FAQs About Oregon LLC Fees
We charge you this fee at cost and then pay the fee to the Secretary of State on your behalf when forming your Oregon business.
It depends on various factors, including:
- The type of business you run
- Where your business is located
- Governing bodies in your industry
- Federal, state and local regulations
Many new businesses need a business license, and you may be required to obtain additional licenses and permits. Our Business License Research package can take the guesswork out of it for you and help you learn what your LLC needs to be compliant.
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