Initial Fees and Licenses in Vermont

April 13, 2006

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If you're going to operate your business in Vermont, when you start up you're likely to incur filing fees and licensing fees depending on the type of business you run and your business form (corporation, sole proprietorship, partnership, or limited liability company (LLC)).

Corporations. If you're doing business as a domestic corporation (a corporation incorporated in Vermont), you will be subject to various fees when you start up. The following are the filing requirements and payments by domestic corporations to the Vermont Secretary of State:

Document	Fee
Articles of incorporation	$75
Amendment of articles of incorporation	$25
Articles of merger or share exchange	$50
Articles of dissolution	$5

If you're doing business as a foreign corporation (a corporation incorporated outside of Vermont), you will be subject to initial fees when you start up. The following are the filing requirements and related fees for foreign corporations:

Document	Fee
Application for a certificate of authority to transact business in Vermont	$100
Application for an amended certificate of authority	$25
Application for certificate of withdrawal	$5

Limited liability companies (LLCs). If your company is either a domestic or foreign limited liability company (LLC), you must file documents with the Vermont Secretary of State. If your company is a domestic LLC, you must deliver articles of organization along with a $75 fee to the Vermont Secretary of State. If your company is a foreign LLC, you must apply for a certificate of authority to transact business in Vermont and send a $100 fee to the Vermont Secretary of State.

The annual report fee for a domestic LLC is $15, and the annual report fee of a foreign LLC is $100.

Business licenses and fees. Vermont requires that you obtain a license and pay a fee if you are operating certain types of businesses in the state. Below is a partial list of some of the types of businesses required to obtain a license. Be sure to check with the state to make sure you are complying with the license requirements for your particular profession.