State Comparison

Best States for LLC Formation

Comprehensive guides to help you choose the right state for your US LLC as a non-resident.

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Our Recommendation

Wyoming is Best for Most Non-Residents

For the majority of international entrepreneurs, Wyoming offers the perfect combination of low costs, strong privacy protections, and business-friendly regulations. Unless you have specific needs (like VC funding or a physical presence in another state), Wyoming is your best choice.

Form Wyoming LLC

Popular States Compared

Detailed breakdown of the most popular states for LLC formation

Wyoming

Recommended
Filing Fee
$100
Annual Fee
$60
Franchise Tax
$0
Processing
1 day

Advantages

  • No state income tax
  • Strongest privacy protections
  • Low annual fees
  • No franchise tax
  • Fast processing

Considerations

  • Less recognizable than Delaware
Best for: Most non-residents, privacy-focused businesses, e-commerce

Delaware

Filing Fee
$110
Annual Fee
$300
Franchise Tax
$300
Processing
1 day

Advantages

  • Most established business law
  • Preferred by VCs and investors
  • Specialized business courts
  • Strong legal precedents

Considerations

  • Higher annual fees
  • $300 franchise tax
  • Publication requirements for LLCs
Best for: Startups seeking VC funding, tech companies, large corporations

Nevada

Filing Fee
$425
Annual Fee
$350
Franchise Tax
$0
Processing
1 day

Advantages

  • No state income tax
  • Strong privacy protections
  • No franchise tax
  • Strong asset protection

Considerations

  • Higher filing fees
  • Higher annual fees
Best for: Privacy-focused businesses, asset protection

New Mexico

Filing Fee
$50
Annual Fee
$0
Franchise Tax
$0
Processing
2 days

Advantages

  • Lowest filing fee
  • No annual report requirement
  • No annual fee
  • Good privacy

Considerations

  • Less established for business
  • State income tax applies
Best for: Budget-conscious entrepreneurs, simple businesses

Florida

Filing Fee
$125
Annual Fee
$138.75
Franchise Tax
$0
Processing
5 days

Advantages

  • No state income tax
  • Large market access
  • Growing tech scene

Considerations

  • Annual report required
  • Less privacy than Wyoming
Best for: Businesses targeting the Florida market

States to Avoid

These states have high costs or complex requirements for non-residents

California

$800 minimum franchise tax annually, even with no income

New York

Expensive publication requirement ($1,000-$2,000)

Massachusetts

High filing fees and complex requirements

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