Selecting Wyoming vs. Delaware for Fund LLC
We get this question a lot. The two most popular states are Wyoming and Delaware. The table below compares the two states. Avestor guidance is to setup the fund in Delaware most funds are setup in Delaware and it has a long court history on how to handle complex fund situations. Additionally, during setup, Delaware allows expidited service whereas Wyoming can vary in timing. Finally Delaware has a flat rate tax regardless of the size of the fund.
Criteria | Wyoming | Delaware |
Initial filing fee | $100 | $110 |
Same day service | NA | $150 |
Change registered agent | $0 | $50 |
Annual fee | $60 or % of assets in Wyoming | $300 flat rate |
