Why Wyoming
The state that keeps a small company simple.
Wyoming, Delaware, New Mexico
The figures that matter for a company owned from abroad, read on each state’s official site.
| Criterion | Wyoming | Delaware | New Mexico |
|---|---|---|---|
| State filing fee | $100 | $110 | $50 |
| Yearly state cost | $60 minimum (annual report) | $400 (annual tax) | — |
| Due date | First day of the anniversary month | June 1 | — |
| If late | Dissolution after 60 days | $200 penalty + monthly interest | — |
Figures verified on October 23, 2026.
Why we form in Wyoming
- 01
A low yearly cost
The Wyoming annual report starts at $60, against a $400 annual tax for a Delaware LLC. Over the years, that difference adds up.
- 02
Everything online
Filing, annual report and records are handled on the state registry. No paper, no courier, no delay at the counter.
- 03
Made for founders abroad
No US citizenship or residency is required to form or own a Wyoming LLC. Your EIN is requested from the IRS by fax, without an SSN.
- 04
Clear yearly rules
One annual report, due on the first day of your anniversary month. We file it for you with the annual plan and the Standby plan.
When Delaware makes sense
Delaware is the usual choice for startups raising money from US venture funds, whose lawyers expect a Delaware corporation. For a company owned from abroad that sells services or products online, Wyoming does the same job for less every year. Compare the full costs on our pricing page.