LLC costs / New York / Wyoming
New York vs Wyoming LLC
Wyoming is cheaper to form by $97.60. Over five years, New York costs $179.90 less in state fees.
| New York | Wyoming | |
|---|---|---|
| Formation fee | $200 | $102.40 |
| Recurring fee | $9 every 2 years | $60 a year |
| State fees over 5 years | $222.50 | $402.40 |
| Register an out-of-state LLC | $250 | $150 |
| Newspaper publication required | Yes | No |
| New LLCs per week (avg) | 3,770 | 4,670 |
| Domestic LLCs with an out-of-state address | – | 17% |
| Still active 12–24 months after forming | – | – |
| Formation to public record, median (proxy) | 1 day | 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 ($250 in New York, $150 in Wyoming).
Sources: New York fee schedule · Wyoming fee schedule · filing data from RecordWire