Should I form in Wyoming or Delaware?
We recommend Delaware if you plan to convert your LLC to a C Corp in the future (to raise venture capital from U.S. investors) or if you really want the “prestige” of saying your company is Delaware.
Wyoming is the most popular state for non-residents who are online businesses, e-commerce businesses, or business owners.
Wyoming has lower annual fees ($60 vs $300 in Delaware), a lower state filing fee ($100).
| Benefits | Delaware | Wyoming |
| No state corporate income tax | ✅ | |
| No tax on corporate shares | ✅ | ✅ |
| No frenchise tax | ✅ | |
| Minimal annual fees | ✅ | |
| One-person corporation is allowed | ✅ | ✅ |
| No general business license required | ✅ | ✅ |
| Minimal initial filling fees | ✅ | |
| No minimum capital requirments | ✅ | |
| Meetings may be held anywhere | ✅ | ✅ |
| Doesn’t collect corporate incıme tax information to share with the IRS | ✅ |
For more details, check out the Startxpress Help Center and Blog. If you need assistance, contact us at support@startxpress.io! We’re here to help make managing your business as smooth as possible.
Related Articles
- How are LLCs taxed?
- LLC vs. C-Corp: How To Choose What’s Best For You
- How to Dissolve Your LLC or Corporation
- Wyoming C-corp or Delaware C-corp
- What are the benefits of Wyoming LLCs?
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