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Michigan LLC vs Wyoming LLC with Michigan registration

Forming in Michigan costs $50; forming in Wyoming costs $100 and then Michigan charges $50 to register it, so $150 to start.

Line by line

State feeLLC formed in MichiganLLC formed in Wyoming, registered in Michigan
Formation in WyomingNone$100
Formation in Michigan$50None
Michigan foreign registrationNone$50
Wyoming yearly filing, two yearsNone$120
Michigan yearly filing, two years$50$50
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 Michigan

Mainstay Filing prepares the Michigan registration (Form CSCL/CD 760, Application for Certificate of Authority to Transact Business in Michigan (for foreign limited liability companies)) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Michigan are on the Michigan page.

Where the numbers come from

Wyoming: formation and yearly filing from Wyoming’s own pages. Michigan: foreign registration and yearly filing from the Michigan Department of Licensing and Regulatory Affairs (LARA), Corporations Division and the sources on the Michigan page.