LLC costs / Colorado / Wyoming

Colorado vs Wyoming LLC

Colorado is cheaper to form by $52.40. Over five years, Colorado costs $227.40 less in state fees.

ColoradoWyoming
Formation fee$50$102.40
Recurring fee$25 a year$60 a year
State fees over 5 years$175$402.40
Register an out-of-state LLC$100$150
Newspaper publication requiredNoNo
New LLCs per week (avg)3,1374,670
Domestic LLCs with an out-of-state address6%17%
Still active 12–24 months after forming54%–
Formation to public record, median (proxy)1 day4 days

Weekly averages cover the last 1 weeks both states have data for. "–" means the state's registry data can't support that number; see methodology.

New LLCs per week

New Colorado LLCs per weekOct 19: 2,95901.5k3kOct 19: 2,959Oct 19
ColoradoData from RecordWire
New Wyoming LLCs per weekOct 12: 4,67002.5k5kOct 12: 4,670Oct 12
WyomingData from RecordWire

The usual rule: form the LLC in the state where the business operates. Forming elsewhere means registering as a foreign LLC at home too, and paying both states' fees ($100 in Colorado, $150 in Wyoming).

Sources: Colorado fee schedule · Wyoming fee schedule · filing data from RecordWire