Home State vs Foreign State › Maryland › vs Wyoming
Maryland LLC vs Wyoming LLC with Maryland registration
Forming in Maryland costs $100; forming in Wyoming costs $100 and then Maryland charges $100 to register it, so $200 to start.
Line by line
| State fee | LLC formed in Maryland | LLC formed in Wyoming, registered in Maryland |
|---|---|---|
| Formation in Wyoming | None | $100 |
| Formation in Maryland | $100 | None |
| Maryland foreign registration | None | $100 |
| Wyoming yearly filing, two years | None | $120 |
| Maryland yearly filing, two years | $600 | $600 |
| Two years of state fees | $700 | $920 |
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 Maryland
Mainstay Filing prepares the Maryland registration (Limited Liability Company Registration (For non-Maryland Limited Liability Company)) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Maryland are on the Maryland page.
Where the numbers come from
Wyoming: formation and yearly filing from Wyoming’s own pages. Maryland: foreign registration and yearly filing from the Maryland State Department of Assessments and Taxation (SDAT), Charter Division and the sources on the Maryland page.