The Lone Star State · Austin
Texas
The second-largest economy in the US.
Texas makes sense if you have real operations there: offices, a team or local customers. For an online business, its high formation fee makes it less appealing.
Fees and obligations
A $300 formation fee (included). Every year, a franchise tax report and a Public Information Report are due by May 15, even if no tax is owed below the revenue threshold.
Pros
- No personal income tax
- Huge local market, tech hubs (Austin, Dallas, Houston)
Watch out for
- High formation fee ($300)
- Annual reports required even when no tax is due
- Formation
- US$300
- Every year
- US$0
- Annual deadline
- May 15 every year
- Processing time
- A few business days (online)
- Cost
- Privacy
- Prestige
- Simplicity
Ideal for
- A physical business in Texas
- Industry, energy, tech in Austin
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 prestigiousFlorida
For a real presence in the US market.
- Formation
- US$125
- Every year
- US$139
From €424, state fee included
Explore Florida Local marketTake off.
Ten minutes to configure. 24 hours to file. Your American company starts now.
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