Form your company in Colorado

Why form an LLC in Colorado?

Colorado is one of the cheapest states to start and maintain an LLC, with a $50 filing fee and just a $25 annual report. That's attractive if you live or operate in Colorado — but a non-US founder with no Colorado ties still gets simpler privacy and no state income tax by choosing Wyoming or New Mexico instead.

A quick reminder from us: forming in a state where you do not actually operate usually means you still have to register (foreign-qualify) in your home state, often with little or no tax benefit. If you are unsure, tell us how you plan to operate and we will recommend the right fit — free.

Costs and fees

The Colorado Secretary of State charges roughly $50 to file Articles of Organization, with an ongoing state cost of about $25/yr Periodic Report. No franchise tax; flat ~4.4% state personal income tax on Colorado-source pass-through income; standard state sales tax applies. State fees are paid directly to the state and are separate from our service fee.

• Filing fee: $50 (approximate)
• Ongoing state cost: $25/yr Periodic Report
• Typical processing time: Same day (online only)

Taxes and privacy

Personal state income tax in Colorado: Yes. Owner privacy on the public record is generally rated medium.

Your federal tax obligations (and your EIN) are the same regardless of the state you choose — a single-member LLC is taxed as a pass-through by default, and we can obtain your EIN even if you do not have an SSN.

Pros of forming in Colorado

• Very low $50 one-time filing fee
• Only $25 per year to stay in good standing — among the lowest ongoing costs in the US
• Instant, fully-online filing through the Secretary of State (same day)
• No franchise tax or gross-receipts entity tax
• Flat, relatively low state income tax rate (~4.4%, trending down)

Things to weigh

• Colorado has a state personal income tax on pass-through profits attributable to CO
• Members/registered agent appear on the public record — moderate, not high, privacy
• Online-only filing with no paper alternative can be awkward for some non-US founders
• No special benefit for a founder who doesn't actually operate in Colorado — it's just another home state

Banking for your Colorado LLC

Banking is not restricted by forming in Colorado — a CO LLC can open a US account with Mercury, Wise, Relay and similar fintechs that onboard non-US owners. No state-specific banking rules apply here.

Whichever state you choose, we prepare the documents banks ask for and can obtain your EIN even without an SSN. Bank and provider approval is always their decision — we are not affiliated with any bank.

Is Colorado right for you?

Best for: Budget formation if you operate in Colorado. If you operate physically in Colorado, forming here keeps things simple. If you are a remote or non-US founder without a specific reason to choose Colorado, a low-cost, privacy-friendly state like Wyoming or New Mexico is often the better default.

Not sure? Start your application and we will confirm the best state for your situation before anything is filed.