Florida vs Wyoming LLC
Wyoming is cheaper to form by $22.60. Over five years, Wyoming costs $416.35 less in state fees.
| Florida | Wyoming | |
|---|---|---|
| Formation fee | $125 | $102.40 |
| Recurring fee | $138.75 a year | $60 a year |
| State fees over 5 years | $818.75 | $402.40 |
| Register an out-of-state LLC | $125 | $150 |
| Newspaper publication required | No | No |
| New LLCs per week (avg) | 12,271 | 4,670 |
| Domestic LLCs with an out-of-state address | 2% | 17% |
| Still active 12–24 months after forming | 64% | – |
| Formation to public record, median (proxy) | 5 days | 4 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
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 ($125 in Florida, $150 in Wyoming).
Sources: Florida fee schedule · Wyoming fee schedule · filing data from RecordWire