Compare jurisdictions and company structures

Put two jurisdictions or legal forms side by side. See how ownership, annual work and tax rules differ before discussing the account and structure your business needs.

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Choose two options below. You can carry the comparison into an enquiry and discuss the facts that could change the result.

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Popular comparisons

Wyoming / Delaware Wyoming / Serbia LLC / C-Corp DOO / Preduzetnik

United States

Jurisdiction

Company structure

United States

Jurisdiction

Company structure

Tax and potential savings

These figures describe tax in the company’s jurisdiction. Tax in the owner’s country of residence can still apply and is assessed separately.

Wyoming & Delaware / LLC

Foreign service income can fall outside US federal tax.

A non-US resident individual working entirely outside the US may owe no US federal income tax on that service profit through a single-member LLC.

When it applies

The LLC must be disregarded for federal tax, with no US trade or business or effectively connected income. Where the work is done matters more than where the client lives.

Tax triggers and filing

What creates the tax

US business activity, US-source income or a corporate election can change the result. Keeping money in the LLC does not defer a member’s tax.

Payments and returns

Owner returns and estimated payments depend on the income and tax status. A foreign-owned disregarded LLC files Form 5472 with a pro forma 1120 when it has reportable transactions, even if income tax is zero.

LLC: services delivered outside the US

A non-US resident individual with a disregarded single-member LLC, working entirely outside the US with no US trade or business, may have no US federal income tax on that foreign-source service profit.

The client’s country alone does not determine where services were performed. Working in the US changes the assessment.

State charges, applicable Form 5472 reporting and tax in the owner’s country can still apply. A multi-member LLC, corporate election or different income needs a separate review.

Ownership and running costs

Ownership and running costs
What to consider	WyomingLLC	DelawareLLC
Typical use	Owner-managed services, trading and businesses that need flexible management.
Owners and eligibility	One or more members; foreign owners generally permitted.
Personal liability	Generally limited liability, subject to local exceptions, guarantees and personal misconduct.
Management	Members or appointed managers, under an operating agreement.
Local presence	A registered agent with a Wyoming address. Operating elsewhere can require registration in that other state.	A Delaware registered agent. Actual operations elsewhere can create additional registrations.
Capital and funding	Document contributions or shares in the company records; capital needs depend on the selected form and business.	LLCs document contributions. For a corporation, the share structure can affect the franchise-tax calculation.
Local annual obligations	Annual report and licence tax: USD 60 minimum, or 0.0002 of Wyoming assets if higher. Agent and federal work are additional.	LLC: USD 400 annual state tax, due 1 June, with no LLC annual report. Corporations have a separate franchise-tax and annual-report regime.
Banking	The institution considers the owner, customer countries, supplier countries and business model together. Registration does not guarantee an account.

Advantages and limitations

Wyoming / LLC

Advantages

The minimum state annual charge is lower than Delaware’s LLC tax.
LLC and corporation options allow different ownership and investment arrangements.

Limitations

Operating in another state can add registration and tax duties there.
An annual report is required, separately from federal filings.

Delaware / LLC

Advantages

LLC and corporation routes accommodate different ownership plans.
The LLC has a fixed annual state tax rather than a state annual report.

Limitations

The USD 400 LLC tax is due even if the LLC has no activity.
Corporate franchise tax must be calculated for the actual share structure.

Official sources Reviewed 8 October 2026

Wyoming / LLC

Jurisdiction guide ↗

Delaware / LLC

Jurisdiction guide ↗

General information on standard regimes. Activity, VAT, payroll, treaties and the owner’s circumstances can change the result. Assess banking and residence before choosing.

Compare options a bank can accept

A tax comparison becomes useful once both options can support your real business. Compare bank eligibility and the owner’s residence as well as the entity rules, especially if the company will be managed from another country.

How to use the comparison before choosing

Does the lowest tax rate mean the lowest overall cost?

No. Include recurring services, local obligations and the owner’s position. The displayed regimes are general information, and the same income can raise questions in more than one country.

Can I compare two legal forms in the same country?

Yes. Choose Company structures to compare forms within a jurisdiction. Ownership eligibility, liability and administration can differ even when the country is the same.

Will either option qualify for the account I want?

The comparison cannot establish bank acceptance. The institution considers the owners, customers, suppliers and activity together. Discuss that business picture before committing to registration.

How do I ask about my selected options?

Use the discussion button after the results. Your selection is added to the enquiry form, where you describe the business and send it to the team. You receive a confirmation of receipt and a reply by the next working day at the latest.

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Discuss the companies you are comparing.

A comparison helps you spot the trade-offs; your working location, customers and suppliers determine which matter. Send the selected options with a short business outline so we can discuss the suitability and work involved before you register.

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