LLC costs / Connecticut / Wyoming

Connecticut vs Wyoming LLC

Wyoming is cheaper to form by $17.60. Over five years, Wyoming costs $117.60 less in state fees.

ConnecticutWyoming
Formation fee$120$102.40
Recurring fee$80 a year$60 a year
State fees over 5 years$520$402.40
Register an out-of-state LLC$120$150
Newspaper publication requiredNoNo
New LLCs per week (avg)1,0994,670
Domestic LLCs with an out-of-state address3%17%
Still active 12–24 months after forming86%–
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 Connecticut LLCs per weekOct 19: 1,12201k2kOct 19: 1,122Oct 19
ConnecticutData 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 ($120 in Connecticut, $150 in Wyoming).

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