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
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.