LLC costs / Pennsylvania / Wyoming

Pennsylvania vs Wyoming LLC

Wyoming is cheaper to form by $22.60. Over five years, Pennsylvania costs $242.40 less in state fees.

PennsylvaniaWyoming
Formation fee$125$102.40
Recurring fee$7 a year$60 a year
State fees over 5 years$160$402.40
Register an out-of-state LLC$250$150
Newspaper publication requiredNoNo
New LLCs per week (avg)2,1104,670
Domestic LLCs with an out-of-state address–17%
Still active 12–24 months after forming––
Formation to public record, median (proxy)5 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 Pennsylvania LLCs per weekSep 21: 2,16701.5k3kSep 21: 2,167Sep 21
PennsylvaniaData 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 ($250 in Pennsylvania, $150 in Wyoming).

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