Aspect | Nevada LLC | Delaware LLC |
Filing Fee | $425 (includes Articles of Organization, Initial List, and Business License Fee) | $110 (Certificate of Formation) |
Annual Fees | ~$350 (Annual List + Business License Renewal) | $300 (Annual Franchise Tax) |
State Franchise Tax | No franchise tax, but business license fees apply | $300 flat annual franchise tax |
Privacy | Strong privacy; members can remain anonymous | Good privacy; members disclosed to state but not made public |
State Income Tax | None | None |
Ease of Formation | Slightly more paperwork (due to required business license and filings) | Very streamlined, especially for corporations and startups |
Speed of Processing | Fast (24–48 hours for standard filings; expedited options available) | Very fast (same-day or next-day processing) |
Ideal For | Businesses seeking national operations, online companies, privacy-driven entities | Startups, companies raising venture capital, complex equity structures |
Business Court System | Specialized Business Court (modeled after Delaware’s Court of Chancery) | Famous Court of Chancery for business disputes |
Registered Agent Requirement | Yes | Yes |