LLC in 7 Minutes: Wyoming vs Delaware Filing Exposed for Micro Business Owners in America
LLC in 7 Minutes: Wyoming vs Delaware Filing Exposed for Micro Business Owners in America
We screen-recorded the real Wyoming and Delaware LLC portals. Learn the truth about registered agent rip-offs, tax myths, name protection lies, and how to file your LLC directly for ∼$100 in 7 minutes.
The Truth About LLCs No One Tells Micro Business Owners
There are 33 million small businesses in America, and thousands of new owners are losing money every year to middleman markups, fake privacy promises, and bad advice.
In this longest-ever documentary for US micro business owners, we did what no one else does: We screen-recorded the REAL Wyoming Secretary of State portal and the REAL Delaware Division of Corporations portal, click-by-click.
No theory. Just the actual filing process, actual fees, and the actual scams.
What You Will Learn In This Guide
This post breaks down our full video into a simple action plan for anyone who lives and works in one state in the USA.
- The Three Teams: Home State vs Wyoming vs Delaware
Team Home State: This is where 90% of micro business owners should file. If you live, work, and run your business from one state, you should almost always file in that state. It’s the cheapest and keeps you legally compliant.
Team Wyoming: Best for 2 specific reasons – Privacy and asset protection. Wyoming has a $60 annual report fee (the cheapest in the US), allows you to keep your name off the public record, and has the strongest charging order protection in the country.
Team Delaware: Best for 1 specific reason – If you are planning to raise venture capital. Delaware has the famous Court of Chancery and investors are comfortable with it. For a normal micro business, online store, freelancer, or agency, you DO NOT need Delaware.
- Scam #1: The Registered Agent Rip-Off Exposed
Websites charge you $200-$300 per year for a registered agent. The truth? You can be your own registered agent for free in your home state, or you can find a legitimate local agent in Wyoming for $25-$50/year. We show you how.
- Scam #2: The Tax Savings Lie
Forming an LLC in Wyoming or Delaware does NOT save you taxes if you live in California, Texas, New York, or any other state. You still pay taxes where you live and work. We explain the real tax saver: The S-Corporation election, and when it actually makes sense.
- Scam #3: The Name Protection Lie
An LLC does NOT protect your business name across America. An LLC only protects your name in that one state. Only a Federal Trademark from USPTO protects your name in all 50 states. Don’t confuse the two.
How to File Your LLC Directly in 7 Minutes for ∼$100
Stop paying middlemen $500+. Here is the real cost:
Wyoming LLC Filing (Screen Recorded):
State Fee: $102 total. Filed directly on the Wyoming Secretary of State website in under 7 minutes.
Delaware LLC Filing (Screen Recorded):
State Fee: $110 total. Filed directly on the Delaware Division of Corporations website in under 7 minutes.
Comparison at a Glance
| Feature | Wyoming | Delaware | Your Home State |
|---|---|---|---|
| Best For | Privacy & Asset Protection | Raising VC Money | 90% of Micro Businesses |
| State Filing Fee | ∼$102 | ∼$110 | $40 – $200 |
| Annual Fee | $60 | $300 | Varies |
| Privacy | High | Low | Low |
3 Must-Do Steps AFTER Your LLC is Approved
Your LLC approval letter is not the end. Do these 3 things immediately or you risk getting your money frozen:
- Get Your EIN for FREE: Get it directly from the IRS website in 5 minutes. Never pay $100 for this. It’s free.
- Write a Simple Operating Agreement: You need this to open a bank account. We provide a one-page template.
- Open a Separate Business Bank Account: This is why Stripe and PayPal freeze accounts. If you mix personal and business money, you will be flagged. Keep it separate from day one.
Pro Tips Inside the Video:
How to keep your home address off the public record legally
Annual fee calendar so you never get penalized
Banking freeze warning – what triggers it and how to avoid it
Long-term cost math: What your LLC will cost in 5 years
The Big Debate: Should America Have ONE Federal LLC?
We end the documentary with a question for you:
Should America create one single Federal LLC that works in all 50 states with one flat fee? Or should states keep competing for business?
Tell us your vote in the comments.
Next Week on Micro Business: How to Trademark Your Business Name – Complete USPTO search tutorial. How to search for free, how to read results, and how to file without paying a lawyer $2,000.
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Sources & Research: This guide is backed by public data from the U.S. Small Business Administration (SBA), Kauffman Foundation, Tax Foundation, Harbor Compliance, U.S. Census Bureau, Bureau of Labor Statistics, IRS, and USPTO.
Disclaimer: This article/video is for educational and informational purposes only and does not provide legal, tax, or financial advice. Information is based on public sources, state websites, and general research as of 2026. Laws and fees change by state and over time. Every situation is different. You should talk to a qualified attorney and CPA in your state before making legal or tax decisions. We are not your attorney. Use this information at your own risk. Some links may be affiliate links, which means we may earn a small commission at no extra cost to you if you use them.
Tags: LLC filing USA, Wyoming LLC, Delaware LLC, How to form LLC, Micro business USA, Small business guide, EIN free, Operating Agreement