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Compare: three states

Wyoming vs Delaware vs New Mexico

Wyoming costs $100 to file and at least $60 a year. Delaware costs $110 to file and $400 every year. If you live or work in a US state, that state usually wins, because doing business there can mean registering there too.

$100 + $60/yr
Wyoming: filing, then the minimum yearly license tax
$110 + $400/yr
Delaware: filing, then the yearly LLC tax

Wyoming Secretary of State and Delaware Division of Corporations, read Oct 7, 2026. See source

A business owner works through costs with a laptop and calculator at her desk.
On this page
  1. Key facts
  2. The three states side by side
  3. Which state fits
  4. Forming from outside the US?
  5. Services that file in any of the three states
  6. State choice questions
  7. Sources

Key facts

  • Wyoming: $100 to file; the yearly license tax is $60 or $0.0002 per dollar of Wyoming assets, whichever is greater1.
  • Delaware: $110 to file; every LLC pays $400 a year by June 1, plus a $200 penalty and 1.5% a month if late45.
  • New Mexico: every business filing is online at enterprise.sos.nm.gov7. The LLC filing fee is set in NMSA 1978 § 53-19-63 (New Mexico Compilation Commission, nmonesource.com); that page returned 403 on October 7, 2026, so no fee is quoted here.
  • Wyoming and Delaware both require a registered agent with a physical address in the state36.
  • Doing business in another state costs a registration there: $750 in Texas for an out-of-state LLC8.

The three states side by side

ItemWyomingDelawareNew Mexico
Filing fee1$100 Articles of Organization$110 Certificate of FormationNot stated by the source
Annual fee or report5Annual report with the license tax, $60 minimumNo annual report; the $400 yearly tax insteadNot stated by the source
Franchise or license tax5$60 or $0.0002 per dollar of Wyoming assets, whichever is greater$400 LLC tax by June 1; late: $200 plus 1.5% a monthNot stated by the source
Annual report due2First day of the anniversary monthNo annual report requiredNot stated by the source
Registered agent6Required; physical Wyoming address (a PO box only in addition)Required; physical street address in DelawareNot stated by the source
Privacy: what the form asks3Name, agent, mailing and principal office address, email, organizer signature; no member namesNot stated by the sourceNot stated by the source
Expedited filing4$700 next business day, $1,400 same day$50 for 24-hour, $100 same dayNot stated by the source
Registering an out-of-state LLC here1$150 Certificate of Authority$200 Foreign Certificate of RegistrationNot stated by the source
SourceWyoming Secretary of State: fee schedule, FAQs, LLC formRead Oct 7, 2026Delaware Division of Corporations: fee schedule, tax page, how to formRead Oct 7, 2026New Mexico Secretary of State: Business ServicesRead Oct 7, 2026

Read October 7, 2026, from each state's own fee schedule, forms and filing pages. New Mexico: the LLC fee is in NMSA 1978 § 53-19-63 (nmonesource.com), which returned 403 on October 7, 2026; cells are left blank rather than filled from third-party sites. Not stated means the official page we read did not cover it.

Which state fits

Lowest yearly bill: Wyoming. Its license tax starts at $60 a year, against Delaware's flat $40015. Its formation form does not list members, which keeps owners' names off that filing3.

Fast filing: Delaware. It costs more every year, but the Division of Corporations offers 24-hour service for $50 and same-day for $100 on an LLC formation4. Delaware LLCs file no annual report; they pay the $400 tax by June 15.

New Mexico: often cited as a low-cost state. All filings are made online at enterprise.sos.nm.gov7. The LLC fee is set in NMSA 1978 § 53-19-63, available on the New Mexico Compilation Commission's site at nmonesource.com; that page was unreachable on October 7, 2026, so no fee is quoted here. Check both before you pay.

Living or working in a US state? Doing business there can mean registering your LLC there as well, at that state's fee: $750 in Texas, for example8. Forming in that state avoids paying two states. See the state fees guide for six states.

Forming from outside the US?

Forming from outside the US?
If you are askingStart withLink
Need the full order of steps?State, agent, filing, EIN, bank, yearly filings
No SSN for the EIN?IRS phone and fax routes, free
Owe the IRS a yearly form?Form 5472 for foreign-owned LLCs

Services that file in any of the three states

The state fee is the same whoever files. LegalZoom lists Basic at $0 plus state fees9; Inc Authority charges $0 plus state fees10; Tailor Brands starts from $0 plus state fees and has a separate start link for non-US citizens1112.

Good for a $0 service charge with a first year of registered agent

Inc Authority

Service charge
$0 plus state fees
States
All 50 listed on its form
Listed price
$0 plus state fees
Checked
Oct 7, 2026
What to check first
  • The registered agent price after year one
  • Which add-ons you actually need
  • The state fee for the state you pick

Good for formation plus branding tools on a yearly plan, with a start link for non-US citizens

Tailor Brands

Plans
Lite $0/yr, Essential $199/yr, Elite $249/yr, plus state fees
Listed price
Lite $0/yr, Essential $199/yr, Elite $249/yr + state fees
Checked
Oct 7, 2026
What to check first
  • All plans renew yearly
  • Lite takes 14 business days to process
  • The state fee is added on top

Good for a guided filing with an optional attorney window

LegalZoom

Packages
Basic $0, Pro $249, Premium $299, plus state fees
Listed price
Basic $0, Pro $249, Premium $299, plus state fees
Checked
Oct 7, 2026
What to check first
  • Pro attorney consultations renew at $49 a month after 30 days
  • The registered agent is an extra $249 a year
  • The state fee is shown separately

Bizee

EIN filing service
$70
LLC formation packages
Basic $0, Standard $199, Premium $299, plus state fee
Checked
Oct 7, 2026
See prices on BizeeOpens Bizee's site. Not a referral link.

Also on Bizee's site

State choice questions

Is Wyoming cheaper than Delaware every year?

For most small LLCs, yes: $60 minimum in Wyoming against $400 in Delaware. Wyoming's tax grows with Wyoming assets at $0.0002 per dollar15.

Does a Delaware LLC file an annual report?

No. It pays the $400 tax by June 1 instead5.

Can I be my own registered agent from abroad?

Only with a physical address in the state: both Wyoming and Delaware require one36.

Sources

  1. Business Division Filing Fee Schedule (July 1, 2026)Wyoming Secretary of State, read Oct 7, 2026
  2. Business Entities FAQsWyoming Secretary of State, read Oct 7, 2026
  3. LLC Articles of Organization, form and instructionsWyoming Secretary of State, read Oct 7, 2026
  4. Fee Schedule (August 2026)Delaware Division of Corporations, read Oct 7, 2026
  5. LLC/LP/GP Franchise Tax InstructionsDelaware Division of Corporations, read Oct 7, 2026
  6. How to Form a New Business EntityDelaware Division of Corporations, read Oct 7, 2026
  7. Business ServicesNew Mexico Secretary of State, read Oct 7, 2026
  8. Business Filings and Trademarks Fee Schedule (Form 806)Texas Secretary of State, read Oct 7, 2026
  9. LLC formationLegalZoom, read Oct 7, 2026
  10. Free LLC (home page)Inc Authority, read Oct 7, 2026
  11. PricingTailor Brands, read Oct 7, 2026
  12. LLC formationTailor Brands, read Oct 7, 2026

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Prices and state fees are what the named source published on the date we read it. The state's own filing office and the provider's own page are the final word on fees and terms.