Annual Fees#
Why are there Annual Fees?#
- MIDAO uses the annual fee to provide services for our clients year-round. See the services provided by MIDAO here.
- Our annual fees are all-inclusive of government fees and any other MIDAO services; there are no hidden fees!
What are the Annual Fees?#
- MIDAO charges an annual fee ranging from $2k to $5k (based on the client's treasury size and funding amount at the time of payment), which is due every January.
| Treasury and Funding Size | Annual Fee Size |
|---|---|
| Less than $30,000 | $2,000 |
| Between $30,000 and $150,000 | $3,000 |
| Greater than $150,000 | $5,000 |
The minimum annual fee is $2,000 — there is no smaller tier.
When the Annual Fee is Due#
- Annual fees are due on January 1 every year, regardless of when the DAO LLC was originally formed. A DAO LLC formed in December still has an annual fee due on January 1 of the following month.
- The treasury and funding size used to determine your fee tier is measured as of the date payment is made.
- Filings (the Annual Filing Form, BOIR, Representative Agent Form, and updated Operating Agreement) must be completed in the annual filing portal after payment is made.
Late Fees#
- If the annual fee is not paid on time, a late fee of $100 per month (or part thereof) applies, capped at $600 total.
- Late fees do not absolve the DAO LLC of the underlying annual fee — the full annual fee is still owed.
- While annual fees and filings are overdue, MIDAO cannot issue a Certificate of Good Standing for the DAO LLC.
What's Included in the Annual Fee#
The annual fee is all-inclusive. There are no separate per-document or per-filing charges. It covers:
- Registered agent services and the local Marshall Islands address
- All government filings, including the annual filing
- All certified and notarized documents (Certificate of Good Standing, Certificate of Incumbency, certified Representative Agent Form, certified Certificate of Formation, certified Operating Agreement)
- Template documents for amendments to the Operating Agreement or Certificate of Formation
- Name changes and other amendments
- Dissolution, if needed
- Operating agreement workshops and document support
- Storage of official company documents
- Introductions to banks, lawyers, and other service providers
See MIDAO Services for the full list.
How to Pay#
- See Payment Methods for the full list of accepted chains, wallets, and fiat options.
- Payment may originate from any wallet — it does not need to come from the DAO LLC's treasury address.