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Wyoming vs Delaware Anonymous LLC: Privacy vs VC Standard

Wyoming for privacy and asset protection. Delaware for VC-track startups. Both are anonymous.

By Shafwan Ahmed, Anonymousllc.co

Side-by-side comparison

DimensionWyomingDelaware
Anonymousllc.co price$397 all-in$297 + $110 state fee
Annual cost$60$300 franchise tax
AnonymityFullFull
Charging order (single-member)ExplicitStrong
Court of ChanceryNoYes
VC preferenceNot standardIndustry standard
State income taxNoneNone (LLC)
Series LLCYesYes
DAPTYesNo
5-year total cost~$797~$1,767

Wyoming: the privacy and protection leader

Wyoming wins on cost, asset protection (DAPT), and is the recommended default for non-VC use cases. Annual cost is $940 less than Delaware over 5 years. Both states provide full anonymity on state filings.

Delaware: the VC standard

Delaware's Court of Chancery provides specialized business law judges with no juries. VC attorneys expect Delaware — it is the default for institutional fundraising. The $300/year franchise tax and lack of DAPT make it more expensive and less protective than Wyoming for non-VC use cases.

When to choose Wyoming

  • Not raising venture capital
  • Asset protection is a priority
  • Want lowest ongoing cost
  • Planning DAPT pairing
  • General-purpose anonymous LLC

When to choose Delaware

  • Raising institutional VC capital
  • Investors or attorneys require Delaware
  • Need Court of Chancery jurisdiction
  • Planning for potential acquisition by a Delaware parent
  • Building a Delaware C-Corp conversion path

Verdict

If you are raising VC, choose Delaware — it is what investors expect. For everything else, Wyoming is the better value: same anonymity, stronger asset protection, and $940+ cheaper over 5 years.

Need help deciding?

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