State ComparisonPublished Feb 10, 20276 min read
Wyoming vs. New Mexico LLC: Which State is Best for Foreign Non-Residents?
A side-by-side comparison of annual fees, privacy laws, and bank acceptance between America's two best privacy states.
State Fee Structure & Ongoing Costs
Choosing the wrong US state can lead to hundreds of dollars in unnecessary recurring state franchise taxes. New Mexico has $0 annual report fees forever. Wyoming has a $60/yr annual report fee but offers stronger statutory charging order protections.
Key Takeaway
Both states offer 0% state corporate income tax for non-resident pass-through LLCs.
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