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Wyoming and New Mexico or Florida: 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.
| Wyoming and New Mexico | Florida | |
|---|---|---|
| Usual company form | LLC | LLC |
| Corporate taxation | Same as Delaware · Forms 5472 and pro forma 1120 mandatory | Same, plus state tax if there is effective presence |
| Share capital | Not established | Not established |
| Incorporation time | 5–10 days | 5–7 days |
| Banking access | Demanding | Demanding |
| Substance requirement | The address is enough | Necessary, but not sufficient on its own |
| Our services | from 1,290 € | from 999 € |
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.
Florida — who it's for
- Natural access to the US and Latin American markets.
- Local banks accessible if you travel for the opening.
- Dense business ecosystem in Miami.
What really decides between them
- Corporate tax — Wyoming and New Mexico : Same as Delaware · Forms 5472 and pro forma 1120 mandatory · Florida : Same, plus state tax if there is effective presence
- Minimum capital — Wyoming and New Mexico : Not established · Florida : Not established
- Registration time — Wyoming and New Mexico : 5–10 days · Florida : 5–7 days
- Banking access — Wyoming and New Mexico : Demanding · Florida : Demanding
- Substance — Wyoming and New Mexico : The address is enough · Florida : Necessary, but not sufficient on its own
- Our price — Wyoming and New Mexico : from 1,290 € · Florida : from 999 €
Figures from each profile; to be checked there. The right choice depends on where you will really operate and bank.
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.
Traps — Florida
- Real activity in Florida can create a US taxable establishment.
- State tax applies as soon as there is effective presence.
Wyoming and New Mexico or Florida: frequently asked questions
Wyoming and New Mexico or Florida: which is cheaper to set up?
Wyoming and New Mexico: from 1,290 €; Florida: from 999 €. Starting prices, official fees included, excluding tax.
Wyoming and New Mexico or Florida: how does corporate tax compare?
Wyoming and New Mexico: Same as Delaware · Forms 5472 and pro forma 1120 mandatory; Florida: Same, plus state tax if there is effective presence. To be checked on each profile.
Wyoming and New Mexico or Florida: which is faster to register?
Wyoming and New Mexico: 5–10 days; Florida: 5–7 days. Usual times.