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Tennessee LLC vs Wyoming LLC with Tennessee registration

Forming in Tennessee costs $300; forming in Wyoming costs $100 and then Tennessee charges $300 to register it, so $400 to start.

Line by line

State feeLLC formed in TennesseeLLC formed in Wyoming, registered in Tennessee
Formation in WyomingNone$100
Formation in Tennessee$300None
Tennessee foreign registrationNone$300
Wyoming yearly filing, two yearsNone$120
Tennessee yearly filing, two years$600Variable
Two years of state fees$900$520+

Before Tennessee’s variable charge, the Wyoming route costs $380 less in state fees over two years.

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 Tennessee

Mainstay Filing prepares the Tennessee registration (SS-4233, Application for Certificate of Authority, Foreign Limited Liability Company) for $199 plus the state fee, with the registered agent included for the first year. The 3 services we rank for Tennessee are on the Tennessee page.

Where the numbers come from

Wyoming: formation and yearly filing from Wyoming’s own pages. Tennessee: foreign registration and yearly filing from the Tennessee Secretary of State, Division of Business and Charitable Organizations and the sources on the Tennessee page.