 Utah |  Wyoming | |
|---|---|---|
| All-in to start with usOur $40 fee with the EIN, the registered agent for the first year, and the state fee. | $144 | $187.40 |
| State filing fee | $59 | $102.40 |
| Typical approval time | 1–3 business days | 1–3 business days |
| What the state asks each year | Annual report $18 | Annual report from $60 |
| Yearly state cost, about | $18 | $60 |
| Total over 5 years, aboutFormation, then four years of registered agent ($45) and state fees. Excludes bookkeeping and IRS filings, which are the same in every state. | $396 | $607.40 |
| State income tax on wages | Yes | None |
| Owners in the public formation document | Can be listed | Not listed |
| Newspaper publication after formation | No | No |
Utah against Wyoming
Advantages
- Cheaper to form: $59 state fee against $102.40 in Wyoming.
- Cheaper to keep: about $18 a year to the state, against $60 in Wyoming.
Disadvantages
- Has a state income tax, though it normally only reaches income connected to the state.
- Owners can appear in the public state record.
Wyoming against Utah
Advantages
- No state income tax on wages.
- Owners are not named in the public formation document.
- The state that introduced the LLC in 1977, and the most common choice of non-resident founders.
Disadvantages
- Costs $43.40 more to form than Utah.
- About $42 a year more to keep than Utah (annual report from $60).
Which one to choose
For the lowest cost over time, Utah: about $211.40 less over five years.
If your company will have staff, an office or a warehouse in one particular state, form it there: otherwise you register in that state anyway. Federal taxes and IRS filings are the same in every state.
General information about the states, not legal or tax advice. State fees change occasionally; the price at checkout is the price you pay.
Utah or Wyoming
Questions about this comparison
Is a Utah or a Wyoming LLC cheaper?
Utah is cheaper to form: $144 all-in with us, against $187.40. Each year after, Utah costs the state about $18 and Wyoming about $60, plus $45 for the registered agent.
Which is faster, Utah or Wyoming?
Utah usually approves an LLC in 1–3 business days, Wyoming in 1–3 business days. We file within 48 hours of payment in either state.
Can a non-US resident form an LLC in Utah or Wyoming?
Yes, in both. Neither state asks for citizenship or residency, and the registered agent we include provides the in-state address. The EIN is included without an SSN.
Another pair