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Minnesota LLC vs Wyoming LLC with Minnesota registration
Forming in Minnesota costs $155; forming in Wyoming costs $100 and then Minnesota charges $185 to register it, so $285 to start.
Line by line
| State fee | LLC formed in Minnesota | LLC formed in Wyoming, registered in Minnesota |
|---|---|---|
| Formation in Wyoming | None | $100 |
| Formation in Minnesota | $155 | None |
| Minnesota foreign registration | None | $185 |
| Wyoming yearly filing, two years | None | $120 |
| Minnesota yearly filing, two years | $0 | $0 |
| Two years of state fees | $155 | $405 |
Over two years the Wyoming route costs $250 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 Minnesota
Mainstay Filing prepares the Minnesota registration (Foreign Limited Liability Company Certificate of Authority to Transact Business in Minnesota) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Minnesota are on the Minnesota page.
Where the numbers come from
Wyoming: formation and yearly filing from Wyoming’s own pages. Minnesota: foreign registration and yearly filing from the Minnesota Secretary of State, Business Services and the sources on the Minnesota page.