Delaware LLC Banking Requirements Cost $2,400 More Than Wyoming
Published April 30, 2026 · 0:50 · 223 views
Key takeaways
- If you pick Delaware over Wyoming for your LLC, you're paying $2,400 more.
- Wyoming has zero franchise tax.
- Delaware charges $300 per year minimum, even with zero revenue.
- Delaware costs $349 plus that $300 annual tax.
Summary
Delaware LLCs cost $649 first year + $300/year franchise tax vs Wyoming at $249 once with $0 franchise tax, saving international owners $2,400 over 8 years. • Wyoming charges $0 franchise tax ever, Delaware bills $300 annually regardless of revenue • Delaware filing costs $349 + $300 tax = $649 year one, Wyoming total is $249 • Banking requirements (Articles, EIN, Operating Agreement) are identical for Mercury and Wise in both states → Bastion Formations Wyoming LLC: https://bastionformations.com #DelawareLLC #WyomingLLC #LLCBanking #InternationalLLC #BastionFormations
Full transcript
Auto-generated transcript. Watch the video for the full context and visuals.
If you pick Delaware over Wyoming for your LLC, you're paying $2,400 more. Wyoming has zero franchise tax. Delaware charges $300 per year minimum, even with zero revenue. Wyoming filing costs $249.
Delaware costs $349 plus that $300 annual tax. >> [music] >> A UK entrepreneur forms a Delaware LLC in January 2026. They pay $349 to register, then get hit with a $300 franchise tax bill in March. By year two, [music] they've paid $949 total.
A Wyoming LLC would cost $348 total. That's $600 difference every single year. Banking requirements are identical between both states, >> [music] >> but Wyoming processes faster because fewer LLCs clog the system.
Video library
More videos like this
Hand-picked from the same topic.
