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Boston Chamber
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          Women's Network
          A Fireside Chat with Dr. Melissa Gilliam, Boston University

          This Women's Network event will offer an insightful conversation with Dr. Melissa Gilliam, the 11th President of Boston University and both the first woman and the first Black woman to lead the institution since its founding in 1869.

          06/18/2025

          11:30am - 1:00pm

          Fairmont Copley Plaza

          arrow-go
          Read More
        • ...
          Special Event
          Talent and Competitiveness in 2025: Finding Opportunity in Uncertain Times

          Join the Chamber and Massachusetts Business Roundtable for a deep dive into employer insights, featuring analysis from McKinsey and a panel of experts.

          06/26/2025

          11:00am - 12:00pm

          Virtual

          arrow-go
          Read More
        • ...
          Pacesetters
          Doing Business with Mass General Brigham

          Join us for our installment of the Pacesetters Doing Business series featuring Mass General Brigham on June 26, 2025.

          06/26/2025

          1:00pm - 2:00pm

          Virtual

          arrow-go
          Read More
  • Learning & Development
        • Learning & Development

          • Overview
          • Call for Nominations
          • Insights
        • Transformational DEI Certificate

          This program is in redevelopment. Click this page for DEI resources.

          Read More
          Women’s Leadership Program

          Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.

          Read More
          Boston’s Future Leaders

          Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.

          Read More
          Authentic Professionalism for Early Career Professionals

          Join us on June 12 for a highly interactive virtual workshop with Strategic Career & Leadership Coach Carole-Ann Penney.

          Read More
  • Economic Inclusion
        • Economic Inclusion

          • Overview
          • Pacesetters
          • Resources
        • ...
          Economic Inclusion
          City Awake

          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          arrow-go
          Read More
        • ...
          Economic Inclusion
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

          arrow-go
          Read More
        • ...
          Small Business
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          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          Read More
          BIMA

          BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.

          Read More
          Women’s Network

          For over 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.

          Read More
          Massachusetts Apprentice Network

          The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.

          Read More
          Pacesetters

          We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).

          Read More
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Chamber Supports Lowering LLC Filing Fees for Small Businesses

June 5, 2025

 

Representative Carole Fiola, House Chair
Joint Committee on Economic Development & Emerging Technologies
State House, Room 236
Boston, MA 02133

 

Senator Barry Finegold, Senate Chair
Joint Committee on Economic Development & Emerging Technologies
State House, Room 109-D
Boston, MA 02133

 

Dear Chair Fiola and Chair Finegold,

On behalf of the Greater Boston Chamber of Commerce and our 1,200 members, I write to support S.307, “An Act relative to LLC filing fees” filed by Senator Patrick O’Connor. For the past few years our local business community has navigated a challenging fiscal environment due to the rapid rise of inflation stemming from the COVID-19 pandemic and the implementation of wide-reaching tariffs, which has made starting, maintaining, and expanding a business increasingly difficult due to rising costs. As the Legislature continues to embrace policies that mitigate these issues and keep Massachusetts competitive, we would ask that you consider proposals to lower costs for opening and operating Limited Liability Corporations (LLCs).

S.307 would reduce both the initial filing fee and the annual reporting fee for LLCs with six or less employees from $500 to $250, providing immediate relief for small and microbusinesses in the Commonwealth. Massachusetts currently has the highest LLC filing fee and the second highest annual LLC reporting fee in the country and has significantly higher fees than our bordering states of New York, New Hampshire, Vermont, Connecticut and Rhode Island. 1

Lowering costs for emerging and existing small and microbusinesses can lead to an increase in entrepreneurship and would provide support for a critical segment of the business community that plays a vital role in innovation, job creation, and community growth. Massachusetts has lagged on new business creation compared to other states, and according to U.S. Census Data in 2023 the Commonwealth ranked 47 out of 50 states for the number of business applications per capita, which was a drop from 46 in 2022. 2 Reducing both the filing and annual fees would have a positive effect on businesses who operate on small margins and would be a helpful tool to encourage new growth, new ideas, and new employment opportunities for our residents.

In past sessions we have supported a variety of different proposals to lower LLC filing fees and strongly believe that S.307 is one of several ways that the Legislature can support residents by lowering the cost of starting and maintaining a business in the Commonwealth. We believe that the Legislature could go further in offering relief by lowering both the filing fee and annual reporting fee to $250 for all LLCs, putting our state in line with our neighbors. We urge the Committee to advance this proposal by reporting it our favorably with amendments.

Please do not hesitate to reach out with any questions or concerns.

Sincerely,

James E. Rooney

President and CEO

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