Delaware or Wyoming and New Mexico: where to set up your company?
Two deliverable jurisdictions, side by side on the facts our profiles carry — company form, tax, capital, timeline, banking, substance and our price. Who each one fits, what really decides between them, and the traps of each.
| Delaware | Wyoming and New Mexico | |
|---|---|---|
| Usual company form | LLC | LLC |
| Corporate taxation | 0 % federal for a non-resident with no US trade or business and no US-source income | Same as Delaware · Forms 5472 and pro forma 1120 mandatory |
| Share capital | Not established | Not established |
| Incorporation time | 2 days | 5–10 days |
| Banking access | Demanding | Demanding |
| Substance requirement | The address is enough | The address is enough |
| Our services | from 1,390 € | from 1,290 € |
Delaware — who it's for
- The most developed company law in the United States, predictable case law.
- Immediate recognition by investors and platforms.
Wyoming and New Mexico — who it's for
- The lowest entry cost in the catalogue for clean dollar collection.
- New Mexico requires no annual report and no member disclosure.
- Fast, well-mapped fintech account opening.
What really decides between them
- Corporate tax — Delaware : 0 % federal for a non-resident with no US trade or business and no US-source income · Wyoming and New Mexico : Same as Delaware · Forms 5472 and pro forma 1120 mandatory
- Minimum capital — Delaware : Not established · Wyoming and New Mexico : Not established
- Registration time — Delaware : 2 days · Wyoming and New Mexico : 5–10 days
- Banking access — Delaware : Demanding · Wyoming and New Mexico : Demanding
- Substance — Delaware : The address is enough · Wyoming and New Mexico : The address is enough
- Our price — Delaware : from 1,390 € · Wyoming and New Mexico : from 1,290 €
Figures from each profile; to be checked there. The right choice depends on where you will really operate and bank.
Traps — Delaware
- Delaware franchise tax each year, often omitted from comparisons.
- Deposit banks out of reach without physical presence: fintechs in practice.
Traps — Wyoming and New Mexico
- Form 5472 due every year: USD 25,000 penalty if missed.
- The structure creates no exemption: the income stays taxable where you live.
Delaware or Wyoming and New Mexico: frequently asked questions
Delaware or Wyoming and New Mexico: which is cheaper to set up?
Delaware: from 1,390 €; Wyoming and New Mexico: from 1,290 €. Starting prices, official fees included, excluding tax.
Delaware or Wyoming and New Mexico: how does corporate tax compare?
Delaware: 0 % federal for a non-resident with no US trade or business and no US-source income; Wyoming and New Mexico: Same as Delaware · Forms 5472 and pro forma 1120 mandatory. To be checked on each profile.
Delaware or Wyoming and New Mexico: which is faster to register?
Delaware: 2 days; Wyoming and New Mexico: 5–10 days. Usual times.