State Formation CompareFree consult

State formation comparison

Quick reference—confirm fees on each secretary of state website before filing.

StateFiling feeAnnualBest for
Texas$300 state fee (Certificate of Formation)Public information report + franchise tax considerationsOperators who want a large domestic market and no state income tax on individuals
Florida$125 LLC articles of organization (+ optional registered agent)$138.75 annual report for LLCsService businesses, real estate investors, and seasonal operators
Delaware$90 LLC certificate of formation; corp fees vary$300 annual tax minimum for LLCs (franchise tax rules differ for corps)Venture-backed startups and companies raising institutional capital
Wyoming$100 LLC articles of organization$60 or 0.0002% of assets (minimum $60)Privacy-focused LLCs, holding companies, and asset protection planning

What to weigh

  • State filing fees

    Published SOS fees change—always confirm on the official secretary of state site before you file.

  • Annual reports & franchise tax

    Texas franchise tax, Delaware annual tax, and Florida annual reports have different triggers and penalties.

  • Registered agent

    Every state requires a registered agent with an in-state address; many operators use a commercial agent.

  • Foreign qualification

    If you form in Wyoming but operate in California, you typically register as a foreign entity where you have nexus.

Compare formation services

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