Indiana charges $95 to form an LLC; Nevada charges $425. Day-one sticker price is only part of the story, since most of the real cost comes from the annual obligations that stack up each year you keep the LLC open.

Over a rolling three-year window, Indiana runs about $1,332 less in total state fees than Nevada. Whether that gap matters depends on whether you actually operate in one of these states or are weighing a non-resident filing.

On speed, Indiana typically clears standard online filings faster than Nevada. Both states offer expedited tiers at an additional cost for filers on tight timelines.

For most small operators the choice is not really between these two states at all. It is between forming where the business actually operates and trying to route through a non-resident filing. The data below shows what each option actually costs.

Formation filing fee
Indiana $95
Nevada $425
Indiana saves $330
Year 1 total estimate
Indiana $211
Nevada $875
Indiana saves $664
Ongoing per year
Indiana $116
Nevada $450
Indiana saves $334
3-year total
Indiana $443
Nevada $1,775
Indiana saves $1,332

Key differences at a glance

  • Indiana costs $330 less to form ($95 vs $425).
  • Indiana is $334 per year cheaper to maintain ($116 vs $450).
  • Nevada has no state individual income tax; pass-through LLC income flows to members without a state layer. The other state does tax at the member level.

Where each state fits

For most filers, forming in the state you actually operate from is the right call. The side-by-side below shows where the two states meaningfully diverge.

What each state offers that the other does not

Only Nevada

  • Paid expedited tier
  • No state income tax

Both states

  • Online filing
  • No entity-level franchise or LLC tax
  • No publication requirement
  • Operating agreement not statutorily required

Three-year cost, side by side

Rough estimate of the state-facing cost to form and keep an LLC through three years. Both totals include a $100 per year registered-agent estimate.

Indiana Nevada
Year 1
$211
$875
Year 2
$327
$1,325
Year 3
$443
$1,775

Running total includes the one-time filing fee and annual ongoing costs (report fee or franchise tax plus a $100/year registered agent estimate).

What it costs under your specific situation

The table below runs the same LLC through four common scenarios. "Non-resident" rows assume a typical home-state foreign LLC registration adds about $200 per year of stacked cost; the real number depends on which state you live in and ranges from $50 to over $800 depending on jurisdiction.

Scenario Year 1 Each year after 3-year total
You live in Indiana, business operates there
No foreign LLC registration needed. You pay Indiana fees only.
$211 $116 $443
You live in Nevada, business operates there
No foreign LLC registration needed. You pay Nevada fees only.
$875 $450 $1,775
Non-resident forming in Indiana with operations elsewhere
You pay Indiana's fees plus a typical home-state foreign LLC registration of about $200 per year.
$411 $316 $1,043
Non-resident forming in Nevada with operations elsewhere
You pay Nevada's fees plus a typical home-state foreign LLC registration of about $200 per year.
$1,075 $650 $2,375

Indiana vs Nevada: full comparison

Dimension Indiana Nevada
Online filing
Can you file the formation document online?
Yes Yes
Online approval time
Standard, non-expedited
1 business day 2 business days
Expedited option
Paid fast-track filing
Not offered $125
Annual report
Required in addition to tax
Required, $32 Required, $350
State-imposed annual tax
Franchise, privilege, or LLC tax minimum
None None
State income tax
On pass-through LLC income at member level
Yes No
Publication requirement
Newspaper publication after formation
No No
Operating agreement
Required by state statute
Recommended, not required Recommended, not required
Foreign LLC fee
Cost to register as a foreign LLC in this state
$105 $425
State sales tax
General statewide rate
7.0% 6.8%

Taxes in Indiana and Nevada

How each state handles entity-level tax on LLCs. Pass-through classification means member-level income tax also applies at each member's residence state.

Indiana tax

No entity-level franchise tax on LLCs. State income tax applies to member-level pass-through income. Corporate rate 4.9%.

Nevada tax

No entity-level franchise tax on LLCs. No state income tax.

Ongoing compliance

The recurring filings each state requires after formation.

Indiana

Annual report $32, due on your anniversary month. Registered agent required in Indiana.

Nevada

Annual report $350, due on your anniversary month. Registered agent required in Nevada.

Formation process, side by side

What actually happens from the moment you start filing to the moment you're in good standing. Use this as a checklist.

Indiana

  1. Check business-name availability on the Indiana entity search.
  2. Appoint a registered agent with a physical Indiana street address.
  3. File Indiana Articles of Organization (State Form 49459) for $95.
  4. Wait for approval. Online typically 1 business days. No paid expedite offered.
  5. Adopt an operating agreement (recommended, not required by Indiana statute).
  6. Apply for a federal EIN (free from the IRS).
  7. Open a business bank account to separate personal and business finances.
  8. File your first annual report and pay $32 when it comes due.

Nevada

  1. Check business-name availability on the Nevada entity search.
  2. Appoint a registered agent with a physical Nevada street address.
  3. File Articles of Organization – Limited-Liability Company (NRS Chapter 86) for $425.
  4. Wait for approval. Online typically 2 business days. Paid expedite from $125.
  5. Adopt an operating agreement (recommended, not required by Nevada statute).
  6. Apply for a federal EIN (free from the IRS).
  7. Open a business bank account to separate personal and business finances.
  8. File your first annual report and pay $350 when it comes due.

Before you pick either state

A few things that apply no matter which state you choose. These trip up enough first-time filers that they're worth stating explicitly.

Registered agent is non-negotiable. Both Indiana and Nevada (and every other US state) require every LLC to designate a registered agent with a physical street address in the state of formation. You can serve as your own agent if you live in the state; otherwise a commercial agent runs $50 to $125 per year. Using your own home address makes it part of the public record.

Forming elsewhere does not escape your home state's tax. If you live and operate a business from your home state, forming the LLC in Indiana or Nevada does not avoid your home state's income tax. The moment you transact business at home, your home state requires a foreign LLC registration, and state tax liability follows your residence regardless of where the entity sits on paper.

EIN applications are free. The IRS issues Employer Identification Numbers directly at no cost. Any service charging you to "get your EIN" is reselling a free form submission. Single-member LLCs with no employees technically don't need one for federal tax, but nearly every bank requires an EIN to open a business account.

Operating agreement matters more than the state you pick. A well-drafted operating agreement governs member ownership, management, profit splits, buy-sell terms, and dissolution. Without one, your LLC runs on the state's default rules, which are rarely what you want. California, Maine, Missouri, and New York require a written one by statute; every other state treats it as strongly recommended.

Agency contacts

Indiana Secretary of State, Business Services Division

Website
www.in.gov/sos
Phone
(317) 232-6576
Email
inbiz@sos.in.gov
Mail
Indiana Secretary of State, Business Services Division, 302 W. Washington Street, Room E018, Indianapolis, IN 46204
Office
Indiana Statehouse, 200 W. Washington Street, Room 201, Indianapolis, IN 46204
Hours
8:00 AM to 4:30 PM Eastern, Monday to Friday

Nevada Secretary of State, Commercial Recordings Division

Website
www.nvsos.gov/sos/home
Phone
(775) 684-5708
Email
sosmail@sos.nv.gov
Mail
202 North Carson Street, Carson City, NV 89701-4201
Hours
8:00 AM to 5:00 PM Pacific, Monday to Friday

Indiana Department of Revenue

Website
www.in.gov/dor
Phone
(317) 232-2240
Mail
Indiana Department of Revenue, 100 N. Senate Avenue, Indianapolis, IN 46204
Office
100 N. Senate Avenue, Indianapolis, IN 46204
Hours
8:00 AM to 4:30 PM Eastern, Monday to Friday

Nevada Department of Taxation

Website
tax.nv.gov
Phone
(866) 962-3707
Mail
1550 College Parkway, Suite 115, Carson City, NV 89706
Hours
7:30 AM to 5:00 PM Pacific, Monday to Friday

Frequently Asked Questions

  • Is it cheaper to form an LLC in Indiana or Nevada?

    Indiana is cheaper at formation ($95) than Nevada ($425). Ongoing costs are also different: $116 vs $450 per year. Total over three years: $443 vs $1,775.

  • Can I form an LLC in Indiana if I live in Nevada?

    Yes, but your Nevada business will almost certainly need to register as a foreign LLC in Nevada too, which means paying Nevada's foreign registration fee and any ongoing Nevada obligations on top of the Indiana ones. The "form elsewhere to save" math usually doesn't work for operating businesses; it only works when you have no physical operations tied to any specific state.

  • How long does it take to form an LLC in Indiana vs Nevada?

    Indiana online: 1 business day; Nevada online: 2 business days. Indiana does not offer paid expedite. Nevada offers paid expedite from $125.

  • Which state has lower taxes for an LLC, Indiana or Nevada?

    Indiana: state income tax applies to member-level pass-through income, no entity-level franchise or LLC tax. Nevada: no state income tax, no entity-level franchise or LLC tax.

  • Do both states require a registered agent?

    Yes. Every US state (and DC) requires every LLC to maintain a registered agent with a physical street address in the state. Indiana and Nevada both have this requirement. You can serve as your own agent if you live in the state; most out-of-state filers use a commercial agent for $50 to $125 per year.

  • Which state should I pick if I run an online business from home?

    Form in the state you actually live in. Your home state's Department of Revenue treats your residence as nexus regardless of where the LLC is filed, which means you owe state income tax there anyway. Forming in Indiana or Nevada to escape your home state's tax doesn't work; it adds paperwork. The non-resident filings make sense when you genuinely operate nowhere in particular: international founders, purely passive holding entities, or real-estate LLCs owning property in other states.

Full state guides

More Indiana and Nevada comparisons

Sources

  • Filing fee: law.justia.com/codes/indiana/title-23/article-0-5/chapter-4/section-23… · verified April 21, 2026
    Indiana LLC Articles of Organization filing fee is $95 when filed online through INBiz and $100 when filed by paper/mail. Form is State Form 49459. Online is the default and fastest path with approximately 1 business day processing. Indiana does not offer a separate expedited service tier; online filing through INBiz is the fast lane.
  • Expedited filing: inbiz.in.gov/business-filings · verified April 21, 2026
    Indiana does not publish a formal expedited service tier for LLC Articles of Organization. Online INBiz filings are processed in approximately one business day at the standard $95 fee, so the practical expedite path is to file online rather than by mail.
  • Annual report fee: law.justia.com/codes/indiana/title-23/article-0-5/chapter-2/section-23… · verified April 21, 2026
    Ind. Code 23-0.5-2-13 requires every domestic filing entity and registered foreign entity (including LLCs) to deliver a biennial report to the Secretary of State every two calendar years on a schedule set by the SOS. Filing fee is $32 online through INBiz and $50 by paper. No statutory late monetary penalty; failure to file leads to administrative dissolution.
  • Corporate income tax rate: www.in.gov/dor/business-tax/corporate-income-tax/ · verified April 21, 2026
    Indiana corporate adjusted gross income tax is a flat 4.9% as of July 1, 2021 and remains at 4.9% for 2026. Applies to C-corporations and to LLCs electing C-corp treatment.
  • Sales tax rate: www.in.gov/dor/business-tax/sales-tax/ · verified April 21, 2026
    Indiana statewide sales and use tax is 7% flat, with no local add-on. Food and prescription drugs are generally exempt.
  • Foreign LLC registration fee: forms.in.gov/Download.aspx?id=13562 · verified April 21, 2026
    Indiana foreign LLC Application for Certificate of Authority: $105 online through INBiz, $125 by paper/mail. After registration, the foreign LLC owes the same $32 online biennial Business Entity Report.
  • Business name search: bsd.sos.in.gov/publicbusinesssearch · verified April 21, 2026
    Indiana Secretary of State Business Search. Confirm LLC name availability before filing Articles of Organization.
  • Operating agreement requirement: law.justia.com/codes/indiana/title-23/article-18/chapter-4/section-23-… · verified April 21, 2026
    Ind. Code 23-18-4-4 permits but does not require a written operating agreement. 23-18-1-16 defines operating agreement as any written or oral agreement of the members. Indiana does not mandate that LLCs adopt a written operating agreement.
  • Filing fee: nevada.public.law/statutes/nrs_86.561 · verified April 21, 2026
    Nevada formation bundles three mandatory filings at formation: (1) Articles of Organization $75 (NRS 86.561(1)(a)), (2) Initial List of Managers or Members $150 (NRS 86.263), (3) State Business License $200 (NRS 76.100/76.130). Combined minimum formation cost is $425.
  • Expedited filing: www.nvsos.gov/sos/businesses/processing-dates · verified April 21, 2026
    Nevada offers a 24-hour expedited tier at $125, plus 2-hour service ($500) and 1-hour service ($1,000). Standard SilverFlume online submissions are typically processed within 1-2 business days without expedite. Same-day ($125) and 24-hour ($125) are often the same in practice.
  • Online filing portal: www.nvsilverflume.gov/home · verified April 21, 2026
    SilverFlume is Nevada's official business portal for filing Articles of Organization, Initial List, and State Business License in one combined transaction.
  • Certificate of Formation form: www.nvsos.gov/sos/home/showpublisheddocument?id=6541 · verified April 21, 2026
    Nevada Secretary of State Articles of Organization form for domestic Limited-Liability Company under NRS Chapter 86.
  • Business name search: esos.nv.gov/EntitySearch/OnlineEntitySearch · verified April 21, 2026
    Nevada Secretary of State online entity search.
  • Operating agreement requirement: nevada.public.law/statutes/nrs_86.286 · verified April 21, 2026
    NRS 86.286(1): 'A limited-liability company may, but is not required to, adopt an operating agreement.' No statutory requirement for a written or filed operating agreement.
  • Publication requirement: www.leg.state.nv.us/nrs/nrs-086.html · verified April 21, 2026
    Nevada Chapter 86 imposes no newspaper publication requirement for LLC formation.
  • Foreign LLC registration fee: nevada.public.law/statutes/nrs_86.561 · verified April 21, 2026
    NRS 86.561(1)(a): $75 for registration of a foreign limited-liability company. Foreign LLCs also owe the Initial List ($150) and State Business License ($200), so minimum registration is $425, mirroring domestic formation.
  • Annual report fee: nevada.public.law/statutes/nrs_86.263 · verified April 21, 2026
    NRS 86.263 sets the Annual List of Managers or Members fee at $150. NRS 76.130 sets the annual State Business License renewal at $200. Total ongoing $350 due by the last day of the LLC's anniversary month.
  • Franchise tax: tax.nv.gov/businesses/commerce-tax/ · verified April 21, 2026
    Nevada has no corporate franchise tax. The Commerce Tax applies only when Nevada-sourced gross revenue exceeds $4 million per fiscal year; industry rates range 0.051%–0.331%.
  • State income tax: tax.nv.gov/tax-types/ · verified April 21, 2026
    Nevada has no state personal income tax and no corporate income tax. Nevada Constitution Article 10 prohibits a personal income tax without amendment.
  • Corporate income tax rate: tax.nv.gov/tax-types/ · verified April 21, 2026
    Nevada has no corporate income tax. Recorded as null; the state imposes the Modified Business Tax (payroll) and Commerce Tax (gross receipts) instead.
  • Sales tax rate: tax.nv.gov/tax-types/sales-tax-use-tax/ · verified April 21, 2026
    Nevada base state sales and use tax rate is 6.85%. County add-ons bring combined rates to 6.85%–8.375%.