Delaware vs Wyoming LLC: Which State is Better for Your Business?

The Great LLC State Debate

Delaware and Wyoming are two of the most popular states for LLC formation. But which one is right for your business? Let's break it down.

Quick Comparison

| Factor | Delaware | Wyoming | |--------|----------|---------| Filing Fee$140$100 Annual Fee$300$60 State Income TaxNone (LLC)None PrivacyGoodExcellent | Best For | VC-backed startups | Small businesses |

Delaware: The Corporate Capital

Pros of Delaware

Cons of Delaware

Best For

- Companies seeking venture capital - Businesses planning to go public - Complex multi-member LLCs - Tech startups with sophisticated structures

Wyoming: The Small Business Champion

Pros of Wyoming

Cons of Wyoming

Best For

- Small businesses and solo entrepreneurs - E-commerce and online businesses - International business owners - Privacy-conscious entrepreneurs - Anyone wanting to minimize costs

Cost Comparison Over 5 Years

Delaware LLC

| Year | Annual Fee | Total | |------|-----------|-------| 1$140 + $300$440 2$300$740 3$300$1,040 4$300$1,340 5$300$1,640

Wyoming LLC

YearAnnual FeeTotal |------|-----------|-------| 1$100 + $60$160 2$60$220 3$60$280 4$60$340 | 5 | $60 | $400 |

5-Year Savings with Wyoming: $1,240

Our Recommendation

Choose Wyoming if you: - Are a small business owner - Want to minimize ongoing costs - Value privacy - Don't plan to raise venture capital

Choose Delaware if you: - Plan to raise VC funding - Are building a company to go public - Need complex governance structures - Have investors who prefer Delaware

Still Unsure?

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