US Wyoming LLC
United States
Wyoming LLCs offer superior privacy compared to Delaware — member names are not required on public filings, making it one of the most anonymous US structures. Annual report fee is just USD 60 (minimum), far cheaper than Delaware's USD 300 franchise tax. Wyoming was the first US state to enact LLC legislation and has continued to innovate with strong charging order protection and Series LLC provisions. Popular for privacy-conscious business owners, real estate holdings, and asset protection structures. Non-resident owners face similar banking challenges as Delaware LLCs but often find Wyoming's simplicity and lower cost attractive for holding companies and single-purpose vehicles.
Formation Details
- Setup Time
- 2 days
- Setup Cost
- $100
- Annual Cost
- $60
- Corporate Tax
- 0% at state level (no Wyoming state income tax); federal tax depends on entity election
- VAT Threshold
- N/A
- Nominee Directors
- Allowed
- Public Register
- No
- Residency Required
- None. No residency requirement. Registered agent with Wyoming address required (typically USD 50–100/year).
- Banking Difficulty
- Moderate
Economic Substance Requirements
- Physical Office
- Not required
- Local Director
- Not required
- Minimum Staff
- —
- Annual Local Spend
- —
No Wyoming residency or local director required. A Wyoming registered agent is mandatory; cost ~USD 50-100/yr. Member names are not required on public filings, giving stronger privacy than Delaware. Non-resident single-member LLCs must still file Form 5472 + pro-forma 1120 with the IRS.
Annual Maintenance Breakdown
Typical recurring costs after formation. Most jurisdictions have additional variable costs (accounting fees, professional tax prep, statutory audits) not shown here.
| Item | Annual Cost (USD) | Notes |
|---|---|---|
| Wyoming Annual Report | $60 | Minimum USD 60 (or 0.0002 x assets in Wyoming, whichever is greater); due on first day of LLC anniversary month. |
| Wyoming Registered Agent | $75 | Typical range USD 50-100/yr. |
| Form 5472 preparation (non-residents) | $400 | Annual IRS filing; ~USD 300-600 via accountant. |
Banking Pairing Recommendations
Providers commonly used with this entity type for business banking.
US Person Considerations
Same as Delaware LLC for US persons — fully pass-through by default. Wyoming's privacy provisions do not reduce US tax obligations. Non-US members are subject to the same federal tax rules as Delaware LLCs regarding US-sourced vs. foreign-sourced income.
Best Suited For
Other Jurisdictions
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