Both states are business-friendly, but they serve different needs. This guide helps you make the right choice based on your specific situation.
Every detail you need to make an informed decision
| Feature | Wyoming | Delaware |
|---|---|---|
|
Formation Fee
One-time state filing cost |
$100 Cheaper | $110 |
|
Annual Fee
Yearly state maintenance cost |
$60 5x Cheaper | $300 |
|
5-Year Total Cost
Formation + 5 years maintenance |
$400 Save $1,210 | $1,610 |
|
State Income Tax
Tax on business profits |
None (0%) | None (0%) |
|
Franchise Tax
Additional business tax |
None Winner | $300/year (LLC) |
|
Privacy Protection
Member names hidden from public |
Excellent | Excellent |
|
Asset Protection
Charging order protection |
Strongest in US Winner | Strong |
|
Processing Time
Standard filing duration |
1-3 business days Faster | 3-5 business days |
|
Corporate Case Law
Legal precedents for disputes |
Developing | Most Established Winner |
|
Specialized Business Court
Dedicated court for business matters |
No | Court of Chancery Winner |
|
VC/Investor Familiarity
Preferred by venture capitalists |
Low | Very High Winner |
| Best For | Small businesses, freelancers, e-commerce, international founders | VC-funded startups, tech companies planning IPO/acquisition |
See how the costs add up over 1, 5, and 10 years
* Costs include state formation fee + annual fees. Does not include registered agent or other services.
Both Wyoming and Delaware are excellent choices. We'll help you form your LLC quickly and correctly, whichever state you choose.
Need help deciding? Contact our team