Wyoming LLC Advantages: Why 72% of Non-Resident Founders Choose Wyoming (2026)
Wyoming has been consistently ranked the #1 state for business formation by non-resident founders since 2018. Here's every advantage — quantified.
Affiliate disclosure: we earn a commission if you form your LLC through our link — at no extra cost to you. Learn more
Wyoming LLC Advantages
Below is every significant advantage of this state for LLC formation — with the practical financial and legal impact for founders, not just the abstract legal principle.
No State Income Tax
Wyoming has no personal income tax and no corporate income tax. LLC pass-through income from a Wyoming LLC is not subject to Wyoming state tax — regardless of where the member lives. At $100,000 in LLC income, this saves $0–$13,000/year vs states with income tax.
$60/Year Annual Fee
Wyoming's annual report fee is $60/year (or $2 per $1,000 of assets in Wyoming, whichever is greater, with $60 minimum). vs Delaware's $300+ franchise tax minimum. Over 10 years: Wyoming saves $2,400+ vs Delaware.
Member Privacy
Wyoming does not require LLC member (owner) names in public filings. The registered agent's name and address appear in public records, not the owner's. This provides meaningful privacy protection vs states that publicize owner names.
Strongest Charging Order Protection
Wyoming has the strongest statutory charging order protection in the US. A "charging order" limits creditors to receiving distributions if/when the LLC makes them — they cannot force sale of LLC assets or become an actual member. Wyoming law explicitly makes charging orders the exclusive remedy against LLC interests.
DAO LLC Recognition
Wyoming was the first state to legally recognize DAOs (Decentralized Autonomous Organizations) as LLCs in 2021. Web3 founders and crypto protocol operators can form Wyoming DAO LLCs with algorithmic governance recognized as valid LLC management.
Series LLC Available
Wyoming allows Series LLCs — a master LLC with separate "series" (sub-LLCs) each with independent liability protection. Real estate investors, multi-brand ecommerce operators, and fund managers use Wyoming Series LLCs to hold multiple assets with one formation.
Doola Forms Both Wyoming and Delaware LLCs
Choose your state, fill out one online form, and Doola files on the same or next business day. EIN included, registered agent included.
Form My LLC with Doola →Affiliate disclosure: we earn a commission if you form your LLC through our link — at no extra cost to you. Learn more
10-Year Cost Comparison
Formation decisions compound over time. Below is the full 10-year cost picture for each state — which is how long most operating businesses hold their LLC before a major restructuring event.
| Year | Wyoming | Delaware | New Mexico | Wyoming Savings vs DE |
|---|---|---|---|---|
| Year 1 | $160 | $390 | $50 | $230 saved |
| Year 2 | $120 | $600 | $50 | $480 saved |
| Year 3 | $180 | $900 | $50 | $720 saved |
| Year 4 | $240 | $1200 | $50 | $960 saved |
| Year 5 | $300 | $1500 | $50 | $1200 saved |
| Year 6 | $360 | $1800 | $50 | $1440 saved |
| Year 7 | $420 | $2100 | $50 | $1680 saved |
| Year 8 | $480 | $2400 | $50 | $1920 saved |
| Year 9 | $540 | $2700 | $50 | $2160 saved |
| Year 10 | $600 | $3000 | $50 | $2400 saved |
Delaware assumes minimum $300/yr franchise tax. Actual Delaware franchise tax may be higher based on authorized shares or assets.
Ready to Form Your LLC? Doola Handles Both States
Wyoming: $397 Year 1 · Delaware: $387 Year 1. EIN, registered agent, and Mercury banking setup included in both.
Form My LLC with Doola →Affiliate disclosure: we earn a commission if you form your LLC through our link — at no extra cost to you. Learn more
Frequently Asked Questions
Does Wyoming LLC's no-income-tax benefit apply to non-Wyoming residents?▾
How does Wyoming LLC privacy work in practice?▾
What is a charging order and why does Wyoming's version matter?▾
Is Wyoming LLC good for real estate?▾
What are Wyoming LLC's disadvantages?▾
Wyoming LLC Advantages
Doola forms Wyoming and Delaware LLCs for non-resident founders worldwide — LLC, EIN, Mercury, and annual compliance in one platform.
Get Started with Doola →Affiliate disclosure: we earn a commission if you form your LLC through our link — at no extra cost to you. Learn more