LLC costs / Idaho / Wyoming

Idaho vs Wyoming LLC

Idaho is cheaper to form by $2.40. Over five years, Idaho costs $302.40 less in state fees.

IdahoWyoming
Formation fee$100$102.40
Recurring feeNone$60 a year
State fees over 5 years$100$402.40
Register an out-of-state LLC$100$150
Newspaper publication requiredNoNo
New LLCs per week (avg)7364,670
Domestic LLCs with an out-of-state address3%17%
Still active 12–24 months after forming––
Formation to public record, median (proxy)2 days4 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 Idaho LLCs per weekOct 19: 7660400800Oct 19: 766Oct 19
IdahoData 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 Idaho, $150 in Wyoming).

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