Startup Costs in Massachusetts

LLC Fee
$500
Sales Tax
6.25%
Min Wage
$15.00/hr

Massachusetts offers access to a highly educated workforce, world-class universities, and a strong innovation economy centered around Boston and Cambridge. The trade-off is high costs across the board - the $500 LLC filing and $500 annual report fee are among the highest in the nation. The state's new 4% surtax on income over $1 million adds to the tax burden for successful businesses.

Cities: Boston, Worcester, Springfield, CambridgeIndustries: Technology, Biotechnology, Education, Healthcare

Massachusetts Cost Guides (10)