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Florida LLC vs Wyoming LLC with Florida registration

Forming in Florida costs $125; forming in Wyoming costs $100 and then Florida charges $125 to register it, so $225 to start.

Line by line

State feeLLC formed in FloridaLLC formed in Wyoming, registered in Florida
Formation in WyomingNone$100
Formation in Florida$125None
Florida foreign registrationNone$125
Wyoming yearly filing, two yearsNone$120
Florida yearly filing, two years$277.50$277.50
Two years of state fees$402.50$622.50

Over two years the Wyoming route costs $220 more in state fees than forming at home.

State income, franchise and gross-receipts taxes are separate, are not in these totals and are the same or similar on both routes.

If you register in Florida

Mainstay Filing prepares the Florida registration (Form CR2E027, Application by Foreign Limited Liability Company for Authorization to Transact Business in Florida) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Florida are on the Florida page.

Where the numbers come from

Wyoming: formation and yearly filing from Wyoming’s own pages. Florida: foreign registration and yearly filing from the Florida Department of State, Division of Corporations (Sunbiz), Registration Section and the sources on the Florida page.