State comparison
Wyoming vs Nevada
Wyoming vs Nevada — two 'no state tax, strong privacy' US states. Detailed cost, privacy, and reputation comparison for foreign founders.
Side-by-side
Detailed comparison.
All the criteria that matter to foreign founders choosing a US state for incorporation.
| Criterion | Wyoming | Nevada |
|---|---|---|
| State corporate tax | 0% | 0% |
| Annual franchise / licence | $60 | $500+ (licence + filing) |
| Privacy | Strong | Strong |
| Reputation | Clean — increasingly popular | Sometimes flagged for aggressive tax minimisation |
| Court system | Standard | Standard |
| Best for | Holding companies, low-cost LLCs | Privacy-focused service businesses |
| VC friendliness | Low | Low |