Each state and entity has a different annual fee for an annual list or business license. The table below shows a comparison of three tax friendly states. Prices include state fees for the annual report and the business license.
State | INC (price per year) | LLC (price per year) |
---|---|---|
Nevada | $670 | $370 |
Wyoming | $65 | $65 |
Delaware | $240 | $315 |
INC and LLC fees in Nevada
INC
The annual list fee includes a $150 state fee + a $10 service fee. State business license fees include a $500 state fee + a $10 service fee. Combined, the total fees for an incorporated company are $670.
LLC
The annual list fee includes a $150 state fee + a $10 service fee. State business license fees include a $200 state fee + a $10 service fee. Combined, the total fees for a limited liability corporation are $370 per year.
INC and LLC fees in Delaware
INC
The cost of requesting a Delaware Corporation Annual Report is $50.00 + a $175.00 (minimum franchise tax fee) + a $15 service fee. Combined, these fees total $240 per year.
LLC
The cost of requesting a Delaware LLC Annual Tax Report is $300 + a $15 service fee. Combined, these fees total $315 per year.
INC and LLC fees in Wyoming
INC
The cost of an Annual Report License includes a $50 state fee (for a company with up to $250k profit) + a $15 service fee. These fees total $65 per year.
LLC
The cost of an Annual Report License includes a $50 state fee (for a company with up to $250k profit) + a $15 service fee. These fees total $65 per year.