Delaware corporation vs. Wyoming corporation

Delaware Corporation or Wyoming Corporation? Delaware Corporation or LLC?

13 year old shelf corporation for $2695. Request a list of shelf corporations here.

13 year old shelf corporation for $2695. Request a list of shelf corporations here.

Delaware Corporation

Delaware Corporations are for big business. The Chancery Court is best for those businesses that are publicly held. Delaware is best for big business. More than 60% of Fortune 500 companies are filed in Delaware. Why? Case law with a history over 100 years addressing shareholder rights. Delaware is a state that is “pro-management.” Delaware has in come tax, state franchise tax, and is more regulated. There are reporting requirements.

Wyoming Corporation

Wyoming is for small business. Small and privately controlled companies are best served by a Wyoming Corporation. Wyoming is best for small business. Ownership is private. There’s no income tax in Wyoming. Your Wyoming company may need to file to do business in another state under certain circumstances and file taxes in your home state.

Delaware Corporation

Annual fee

Annual fee $125 every March 1st. This fee applies if you have up to 1500 shares at no par value.

Large Companies

Delaware sells more corporations because they have more incorporators in that state. Delaware is best for large companies where the stock is traded on an exchange.

Ownership Information

Ownership information not reported to the state.

Wyoming Corporation

Annual Report

Annual report $50 on the anniversary month. Unlimited shares at no par value.

Property Rights

Wyoming only has 500,000 people in their state, and with a handful of incorporators. The state is low key and the residents have a great respect for property rights.

Ownership Information

Ownership information not reported to the state.

$2695 for a shelf corporation, 13 yrs old: Request the list

$2695 for a shelf corporation, 13 yrs old: Request the list

Delaware LLC vs. Wyoming LLC

Delaware LLC

Wyoming LLC

Cost

Delaware LLC

State Fee

Delaware filing state fee for the LLC is $90.

Franchise Tax

Delaware franchise tax is $200. Don’t forget the Franchise Tax for Delaware LLC’s.

Agent Service

Registered Agent Service $50 or more.

Operating Agreement

Most companies provide a generic operating agreement, resolutions, etc.

Total delaware LLC $440

Wyoming LLC

Filing Fee

Wyoming state filing fee for the LLC is $100.

Franchise Tax

Wyoming has no franchise tax.

Agent Service

Registered Agent Service $75, included with a new company.

Operating Agreement

Our operation agreement and resolutions are geared for charging order protection, protecting the corporate veil, and limited liability.

Total wyoming LLC $400

Annual Renewal, State Fees

Delaware LLC State Fees

Wyoming LLC State Fees

Know why…

  • The LLC operating agreement that gives flexibility
  • Contributing assets to the Wyoming LLC