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Wyoming vs Nevada Anonymous LLC: Cost vs Asset Protection

Wyoming is cheaper. Nevada has the asset protection brand. Both protect single-member LLCs.

By Shafwan Ahmed, Anonymousllc.co

Side-by-side comparison

DimensionWyomingNevada
Anonymousllc.co price$397 all-in$722 total ($297 + $425 state)
Annual cost$60$350 (BL + Annual List)
Member disclosureNot requiredNot required
Manager disclosureNot requiredInitial List only
Charging orderExclusive remedy (§ 17-29-503(a))Strong (NRS § 86.501)
Case law depthEstablishedMore extensive
State income taxNoneNone
DAPTYes (§ 4-10-510)Yes (NRS 166)
Business licenseNot required$200/year required
5-year total cost~$797~$1,957

Wyoming: cost-effective with statutory protection

Wyoming provides explicit single-member charging order protection by statute, no state income tax, and the lowest ongoing cost ($60/yr). The DAPT statute (§ 4-10-510) is among the strongest in the US. For most buyers, Wyoming delivers equivalent asset protection at a fraction of Nevada's cost.

Nevada: the asset protection brand

Nevada has deeper charging order case law and a strong reputation in the asset protection attorney community. NRS § 86.501 is well-tested. The tradeoff: $350/year ongoing state fees vs Wyoming's $60, plus manager disclosure on the Initial List (first year only). Nevada is the right choice when your attorney specifically recommends it for case-law reasons.

When to choose Wyoming

  • Cost matters — $1,260 less over 5 years
  • Statutory protection is sufficient
  • You prefer simpler administration
  • No attorney is recommending Nevada specifically
  • Banking ease is important

When to choose Nevada

  • Your attorney specifically recommends Nevada
  • Case law depth matters more than statute
  • Asset protection is the primary use case and cost is secondary
  • You want the Nevada brand for your protection strategy

Verdict

Wyoming is the recommended default — same statutory protection, dramatically lower cost, simpler administration. Choose Nevada only when your attorney specifically advises it for case-law advantages in your situation.

Need help deciding?

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