Indiana LLC Overview
Indiana offers one of the best value propositions for LLC formation in the Midwest. $95 filing fee, $32 biennial report, and a 3.05% flat income tax rate.
Indiana's economy is built on manufacturing, logistics, agriculture, and life sciences. Indianapolis is a major logistics hub at the intersection of multiple interstates. The state is home to major pharmaceutical companies.
For non-residents, Indiana's low costs ($16/year effective) and 3.05% income tax are competitive. Arizona ($50, $0/year) and Wyoming ($100, $60/year, 0% tax) may still edge it out.
Indiana LLC Costs and Fees
All fees below are sourced from the Indiana Secretary of State fee schedule.
| Fee | Amount | When Due |
|---|---|---|
| Articles of Organization (online) | $95 | One-time (at formation) |
| Business Entity Report ($32 every 2 years) | $32 every 2 years | Anniversary month (biennial) |
| Registered agent | $100-150/year (third party) | Ongoing |
| State income tax | 3.05% flat rate | On Indiana-sourced income |
| Sales tax | 7% state (no local additions) | On taxable goods/services |
| Amendment | $30 | When needed |
| Certificate of Good Standing | $28 | When needed |
Biennial filing convenience
Indiana's biennial filing at $32 means less admin and lower costs. At $16/year effective, it is one of the cheapest ongoing costs in the Midwest.
Step-by-Step: How to Form a Indiana LLC
Step 1: Choose your LLC name
Search for available names on the Indiana Business Entity Search. Your name must include "Limited Liability Company," "LLC," or "L.L.C." Ensure the name is distinguishable from existing entities on file.
Step 2: Appoint a registered agent
Every Indiana LLC must have a registered agent with a physical street address in Indiana. The agent must be available during normal business hours to accept legal documents on behalf of the LLC.
Step 3: File Articles of Organization
File online through the Indiana Secretary of State. The filing requires:
- LLC name with designator
- Registered agent name and Indiana address
- Principal office address
- Name and address of organizer(s)
- $95 filing fee
Step 4: Create an Operating Agreement
While not always legally required in Indiana, an Operating Agreement is essential for banking, tax compliance, and internal governance. It establishes member rights, profit distribution, and management structure. We include a custom Operating Agreement in every formation package.
Step 5: Obtain an EIN
Apply for an Employer Identification Number (EIN) from the IRS. This is your LLC's tax ID number, required for banking, hiring, and tax filings. Online application is available for those with an SSN; fax or mail application for international applicants without an SSN.
Step 6: Register for Indiana taxes (if applicable)
If you will sell taxable goods or services in Indiana, register with the Indiana Department of Revenue for applicable tax accounts including sales tax and income tax withholding if you have employees.
Annual Compliance Requirements
- Business Entity Report: Due every 2 years during anniversary month. Fee: $32.
- Federal tax filing: Form 5472 with pro forma 1120 for foreign-owned LLCs.
- Indiana income tax: 3.05% flat plus county tax (1%-3.5%).
- Sales tax: 7% statewide flat rate.
- Registered agent: Maintain agent with IN address.
- FinCEN BOI Report: Required.
Indiana Taxes for LLCs
| Tax Type | Rate | Notes |
|---|---|---|
| State income tax | 3.05% flat | Plus county tax (1%-3.5%) |
| Franchise tax | $0 | No franchise tax |
| Sales tax | 7% | Flat statewide (no local additions) |
| Biennial report | $32 | Every 2 years ($16/year effective) |
Indiana's 3.05% state income tax is one of the lowest flat rates nationally. County taxes add 1%-3.5%.
Processing Times
| Processing Option | Time | Additional Fee |
|---|---|---|
| Online filing | 3-5 business days | $0 |
| Expedited | Same day | $50 |
| Paper filing | 5-10 business days | $0 |
Same-day expedited available for $50 through INBiz.
Pros and Cons of a Indiana LLC
Advantages
- Low $95 filing fee
- Cheapest biennial report ($32/2 years)
- 3.05% flat income tax
- No franchise tax
- Central US location
- Growing life sciences
- Low cost of living
- Biennial (not annual) reporting
Disadvantages
- County income taxes (1-3.5% extra)
- 7% sales tax (higher than many)
- Smaller ecosystem than major metros
- Less privacy-friendly than Wyoming
- Not well-known for LLC formation
- Limited tech outside Indianapolis
Our Pricing: Indiana LLC Formation
Domestic Filers (US Residents)
$249 service fee + $95 state filing fee
International Filers (Non-US Residents)
$349 service fee + $95 state filing fee
Every formation package includes:
- Articles of Organization filing with Indiana Secretary of State
- One year of registered agent service in Indiana
- Custom Operating Agreement
- EIN application
- Banking introduction letter
- Digital document delivery within 24 hours of state approval
- Compliance calendar with all filing deadlines
- Dedicated support via email and WhatsApp
Form your Indiana LLC today
$344 all-in for US residents. $444 for international. No hidden fees.
Start My Indiana LLC →Over five years: ~$159 ($95 filing + 2-3 x $32 biennial). Very affordable. Compare with Arizona ($50) or Wyoming ($510).
Comparing states? Read our Wyoming vs Delaware comparison guide for the full breakdown of top formation states.