Filing Fee
$300
Total Annual State Cost
Franchise / Min Tax
$100
Entity Income Tax
$0
Gross Receipts Tax
$0
Summary
A LLC in Tennessee with $500,000 revenue and $100,000 net income owes an estimated $400/year in state-level business taxes and fees.
Tennessee's annual state business cost for an LLC ranks #5 nationally (1 = most expensive), based on a $500K revenue / $100K income scenario.
Franchise tax minimum (being phased out).
Annual State Business Cost Breakdown
4 rows
| Cost Component | Annual Amount |
|---|---|
| Annual Filing Fee (LLC) | $300 |
| Franchise / Minimum Tax | $100 |
| = Total Annual State Business Cost | $400 |
Business taxes and fees are based on 2025 state-level data. This calculator covers state entity-level costs only — it does not include owner-level personal income tax, federal taxes, local business taxes, or industry-specific licenses. Corporate income tax uses the top marginal rate applied to total net income (simplified). Gross receipts taxes use the general rate; actual rates may vary by industry. Consult a tax professional for your specific situation. Not tax advice.