The Sunshine State · Tallahassee
Florida
For a real presence in the US market.
Florida is the obvious pick if your business has a real local footprint: a store, real estate, a team or customers on the ground. A booming economy — but less privacy.
What you need to know
A $125 formation fee (included), then a $138.75 annual report due between January 1 and May 1. Heads up: filing late triggers a $400 penalty.
Is Florida right for you?
Yes, if you actually operate a business in Florida. For a 100% online business run from abroad, Wyoming remains simpler and more private.
Pros
- No state personal income tax
- Booming economy, large international community
- Ideal if you have premises or customers there
Watch out for
- Managers’ names published in public records
- Steep penalty for a late annual report
- Formation
- US$125
- Every year
- US$139
- Annual deadline
- Between January 1 and May 1
- Processing time
- A few business days (online)
- Cost
- Privacy
- Prestige
- Simplicity
Ideal for
- A physical business in Florida
- Real estate
- Import-export with Latin America
Other states
Wyoming
The non-resident favorite: simple, private, affordable.
- Formation
- US$100
- Every year
- US$60
From €399, state fee included
Explore Wyoming Most popularNew Mexico
The cheapest to maintain: no annual report.
- Formation
- US$50
- Every year
- US$0
From €349, state fee included
Explore New Mexico Most affordableDelaware
The gold standard for investors and business law.
- Formation
- US$110
- Every year
- US$300
From €409, state fee included
Explore Delaware Most prestigiousTexas
The second-largest economy in the US.
- Formation
- US$300
- Every year
- US$0
From €599, state fee included
Explore TexasTake off.
Ten minutes to configure. 24 hours to file. Your American company starts now.
Start my LLC