# 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](/midao-pricing-and-services/midao-services.md). * 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](/rmi-dao-llc-registration-and-compliance/annual-filings.md)) must be completed in the [annual filing portal](https://portal.midao.org/) 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](/rmi-dao-llc-registration-and-compliance/public-registry-and-certified-documents.md) 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](/rmi-dao-llc-registration-and-compliance/public-registry-and-certified-documents.md) (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](/rmi-dao-llc-registration-and-compliance/dissolution.md), if needed * Operating agreement workshops and document support * Storage of official company documents * Introductions to banks, lawyers, and other service providers See [MIDAO Services](/midao-pricing-and-services/midao-services.md) for the full list. ## How to Pay * See [Payment Methods](/midao-pricing-and-services/pricing-cost-comparison-and-payments/payment-methods.md) 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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.midao.org/midao-pricing-and-services/pricing-cost-comparison-and-payments/annual-fees.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.