Home State vs Foreign State › Iowa › vs Wyoming
Iowa LLC vs Wyoming LLC with Iowa registration
Forming in Iowa costs $50; forming in Wyoming costs $100 and then Iowa charges $100 to register it, so $200 to start.
Line by line
| State fee | LLC formed in Iowa | LLC formed in Wyoming, registered in Iowa |
|---|---|---|
| Formation in Wyoming | None | $100 |
| Formation in Iowa | $50 | None |
| Iowa foreign registration | None | $100 |
| Wyoming yearly filing, two years | None | $120 |
| Iowa yearly filing, two years | $30 | $30 |
| Two years of state fees | $80 | $350 |
Over two years the Wyoming route costs $270 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
Wyoming: formation and yearly filing from Wyoming’s own pages. Iowa: foreign registration and yearly filing from the Iowa Secretary of State, Business Services and the sources on the Iowa page.