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Best Cities in Indiana to Form Your LLC

FORT-WAYNE indiana - LLC Formation in FORT-WAYNE indiana Indianapolis indiana - LLC Formation in Indianapolis indiana

Apart from Indianapolis, Indiana doesn’t have any very large cities. Despite this, the diversity of Indiana's smaller cities make many of them a great place to start a business. Here, we’ll look at the four largest cities in the state: Indianapolis, Fort Wayne, Evansville and Lawrence Township.

Starting an LLC in Indianapolis, IN

Indianapolis is the second-most populated city in the Midwest and an economic and cultural center for the state and larger region. Indianapolis is within a single day's drive of 70 percent of the nation's population. It is well known for the Indianapolis 500, and the city has been strongly influenced by the work of the Lilly Endowment philanthropic organization.

  • Area of city: 368 square miles
  • Population: 855,000
  • Population density: 2,365 people/square mile
  • Cost of living: 8 percent below national average; housing is 19 percent cheaper
  • Time zone: EST
  • Sales tax: 7 percent

Major Industries in Indianapolis, IN

As the economic center of the state, Indianapolis has a rich and diverse economy. Major sectors include professional and business services, manufacturing, insurance, finance, education, healthcare, wholesale trade, auto racing and amateur sports.

Starting an LLC in Fort Wayne, IN

Fort Wayne is in northeastern Indiana, about 20 miles from Ohio and 50 miles from Michigan. Founded by Europeans and Americans, the city is built around the meeting point of three rivers. Originally a busy manufacturing town in the Rust Belt, the city’s economy is now much more diversified.

  • Area of city: 111 square miles
  • Population: 265,000
  • Population density: 2,390 people/square mile
  • Cost of living: 12 percent below national average; housing is 31 percent cheaper
  • Time zone: EST
  • Sales tax: 7 percent

Major Industries in Fort Wayne, IN

One of the biggest sectors in Fort Wayne is the defense industry, but it also has many businesses involved in leisure, hospitality, logistics, distribution, healthcare, business services and finance.

Starting an LLC in Evansville, IN

The largest city in southern Indiana, Evansville is the commercial and cultural center of that part of the state. Located conveniently between Kentucky and Ohio, it is known as "Crescent Valley" or "River City" due to it being situated on the Ohio River.

  • Area of city: 48 square miles
  • Population: 120.000
  • Population density: 2,520 people/square mile
  • Cost of living: 12 percent below national average; housing is 22 percent cheaper
  • Time zone: CST
  • Sales tax: 7 percent

Major Industries in Evansville, IN

Evansville has excellent transportation infrastructure and was designated as a U.S. Customs Port of Entry, meaning that cargo, shipping, logistics and distribution are all strong sectors in and around the city. Other popular industries include energy, retail, medical, manufacturing, finance and education.

Starting an LLC in Lawrence Township, IN

Lawrence Township is the fourth-largest city in the state, located just to the northeast of Indianapolis.

  • Area of city: 48 square miles
  • Population: 119,000
  • Population density: 2,400 people/square mile
  • Time zone: EST
  • Sales tax: 7 percent

Ready to Start Your Indiana LLC?

Incfile provides a cost-effective service to help you create your Indiana LLC. We guide you through the process and handle most of the administrative steps, such as filing the Articles of Organization on your behalf. Our basic package also provides a free Registered Agent service for the first year. If you're looking for help starting an LLC, our comprehensive services provide outstanding value.

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What are the fees and requirements to form a business in Indiana?

Filing Time and Price

The state charges this amount to file a new business entity. This fee goes directly to the Secretary of State.

State Fee State Filing Time Expedited Filing Time
$98 7 Business Days 1 Business Day

Compliance Requirements

This report is mandatory and must be filed within the specified time frame in order for the entity to remain in good standing with the state. Failure to file this report can lead to the company being revoked or administratively dissolved.

Annual Report

Frequency: Biennially

Due Date: Last day of anniversary month of formation or qualification.

Filing Fee: $30

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