Home State vs Foreign State

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Iowa LLC vs Delaware LLC with Iowa registration

Forming in Iowa costs $50; forming in Delaware costs $110 and then Iowa charges $100 to register it, so $210 to start.

Line by line

State feeLLC formed in IowaLLC formed in Delaware, registered in Iowa
Formation in DelawareNone$110
Formation in Iowa$50None
Iowa foreign registrationNone$100
Delaware yearly filing, two yearsNone$800
Iowa yearly filing, two years$30$30
Two years of state fees$80$1,040

Over two years the Delaware route costs $960 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 Iowa

Mainstay Filing prepares the Iowa registration (Form 635_0010, Limited Liability Company Foreign Registration Statement) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Iowa are on the Iowa page.

Where the numbers come from

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