Wyoming vs Delaware LLC: Which State Is Best in 2026?

Should you incorporate in Wyoming or Delaware? The answer depends entirely on your business model, funding strategy, and budget.

Feature	Wyoming LLC	Delaware LLC
Initial State Fee	$102	$140
Annual Maintenance Fee	$60 minimum	$300 flat franchise tax
Owner Privacy	Completely Anonymous	High Privacy
Best For	Bootstrapped, SaaS, E-commerce, Consultants	Venture Capital & Future IPOs

The Verdict:

Choose Wyoming if you are an independent founder, non-resident, freelancer, or e-commerce entrepreneur who wants maximum privacy and the lowest recurring annual costs.
Choose Delaware if you plan to pitch U.S. institutional venture capital firms or intend to convert into a Delaware C-Corp later.