Fees
Wyoming: $100 formation fee and an annual report from $60. Delaware: $110 formation fee and a $300 annual tax for LLCs, due June 1. Over several years, the gap grows in Wyoming's favor.
Investors
Delaware is the venture capital standard, especially for C-Corps. For an LLC with no fundraise planned, that advantage matters much less.
Simplicity and privacy
Both states allow quick online filing and do not publish a detailed list of an LLC's members. Wyoming is often valued for its simple procedures and lower costs.
Our take
Online business, remote services, e-commerce: Wyoming is often the most economical choice. Planning to raise funds: Delaware, usually as a C-Corp. If you physically operate in another state, that state may require registration.
This article is for information only and is not legal or tax advice. The rules mentioned may have changed since the update date.
