Nevada vs Wyoming Anonymous LLC: Detailed Comparison

The core question

Nevada and Wyoming are the two premier asset protection LLC states. Both offer strong single-member charging order protection. Both have no state income tax. The difference: Nevada costs $290/year more in ongoing state fees and has deeper case law. Wyoming costs less and has stronger DAPT statutes. Which matters more to you?

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Cost comparison

Formation: Wyoming $397 total vs Nevada $722 total ($325 difference). Annual: Wyoming $100/year vs Nevada $390/year ($290/year difference). Over 5 years: Wyoming ~$797 vs Nevada ~$1,957. Over 10 years: Wyoming ~$1,297 vs Nevada ~$3,907. The gap is substantial and compounds over time.

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Case law vs statute

Nevada\\\'s advantage is case law depth — more reported decisions interpreting charging orders. Wyoming\\\'s advantage is statutory clarity — § 17-29-503(a) explicitly states charging order is the exclusive remedy for single-member LLCs. Both approaches are strong. The question is whether you or your attorney value judicial precedent (Nevada) over statutory text (Wyoming).

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Anonymity comparison

Wyoming: fully anonymous — no member or manager disclosure on any filing, ever. Nevada: near-anonymous — manager disclosed on Initial List (first year only), then RA can be substituted on Annual Lists. For absolute privacy on all filings, Wyoming wins.

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Recommendation

Wyoming for 95% of buyers. Nevada only when your asset protection attorney specifically cites Nevada case law as relevant to your situation. The $1,260 5-year cost difference and Wyoming\\\'s full anonymity (vs Nevada\\\'s Initial List disclosure) tip the scale for most use cases.