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Idaho LLC vs Wyoming LLC with Idaho registration

Forming in Idaho costs $100; forming in Wyoming costs $100 and then Idaho charges $100 to register it, so $200 to start.

Line by line

State feeLLC formed in IdahoLLC formed in Wyoming, registered in Idaho
Formation in WyomingNone$100
Formation in Idaho$100None
Idaho foreign registrationNone$100
Wyoming yearly filing, two yearsNone$120
Idaho yearly filing, two years$0$0
Two years of state fees$100$320

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 Idaho

Mainstay Filing prepares the Idaho registration (Foreign Registration Statement) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Idaho are on the Idaho page.

Where the numbers come from

Wyoming: formation and yearly filing from Wyoming’s own pages. Idaho: foreign registration and yearly filing from the Idaho Secretary of State, Business Services and the sources on the Idaho page.