Region: West

Oregon has no state sales tax, and LLCs file an annual report each year on their formation anniversary date. Larger businesses should also review Corporate Activity Tax exposure.

Utah keeps things simple with a low-cost annual renewal due each year by the end of the LLC’s anniversary month.

Washington has no income tax, but nearly all business activity is subject to the Business & Occupation (B&O) Tax on gross receipts, in addition to the annual report.

Wyoming has no income tax, and most LLCs pay just the $60 minimum annual License Tax, a key reason it’s a popular state for holding companies.

Colorado LLCs file a low-cost Periodic Report each year within a 3-month window tied to their formation anniversary month.

Hawaii’s annual report is inexpensive, but nearly all business activity is subject to the state’s General Excise Tax (GET) on gross receipts, a broader obligation than a typical sales tax.

Idaho’s annual report is free to file, but still required every year by the end of your LLC’s anniversary month.

Montana has no state sales tax, and LLCs file a low-cost annual report each year by April 15.

Nevada has no state income tax, but its combined Annual List and State Business License renewal totals $350 every year. Plan for this higher recurring cost.

New Mexico has no annual report requirement for LLCs, but most businesses still need to register for the state’s Gross Receipts Tax (GRT).