DELAWARE LLC VS. WYOMING LLC
DELAWARE LLC VS. WYOMING LLC
Delaware LLC
Wyoming LLC
Delaware copied from the Wyoming LLC Act.
WYOMING invented the American LLC in 1977, as it was modeled after the 1892 German company law known as Gesellschaft mit beschrnkter Haftung (GmbH). Nevada and Delaware copied Wyoming’s LLC and profited from it most through better marketing.
COST
Delaware LLC
Wyoming LLC
Delaware filing fee for the LLC is $89.
Wyoming filing fee for the LLC is $100.
File an amendment $200
File an amendment $50
Restate articles of organization $200
Restate Articles $100
DELAWARE CHARGING ORDER PROTECTION:
Ask your Delaware attorney about the Delaware LLC:
DE 2016 Delaware Code, § 18-703. Member’s limited liability company interest subject to charging order.
(d) The entry of a charging order is the exclusive remedy by which a judgment creditor of a member or a member’s assignee may satisfy a judgment out of the judgment debtor’s limited liability company interest and attachment, garnishment, foreclosure or other legal or equitable remedies are not available to the judgment creditor, whether the limited liability company has 1 member or more than 1 member.
WYOMING CHARGING ORDER PROTECTION:
Ask your Wyoming attorney how a private creditor may not foreclose against your interest in a Wyoming LLC.
WY 17-29-503. Charging order.
(g) This section provides the exclusive remedy by which a person seeking to enforce a judgment against a judgment debtor, including any judgment debtor who may be the sole member, dissociated member or transferee, may, in the capacity of the judgment creditor, satisfy the judgment from the judgment debtor’s transferable interest or from the assets of the limited liability company. Other remedies, including foreclosure on the judgment debtor’s limited liability interest and a court order for directions, accounts and inquiries that the judgment debtor might have made are not available to the judgment creditor attempting to satisfy a judgment out of the judgment debtor’s interest in the limited liability company and may not be ordered by the court.
ANNUAL RENEWAL
Delaware LLC
Wyoming LLC
DELAWARE LLC RENEWAL $350
WYOMING LLC RENEWAL $100
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DELAWARE LLC VS. WYOMING LLC
Delaware LLC
Wyoming LLC
WYOMING invented the American LLC in 1977, as it was modeled after the 1892 German company law known as Gesellschaft mit beschrnkter Haftung (GmbH). Nevada and Delaware copied Wyoming’s LLC and profited from it most through better marketing.
COST
Delaware LLC
DELAWARE CHARGING ORDER PROTECTION:
Ask your Delaware attorney about the Delaware LLC:
DE 2016 Delaware Code, § 18-703. Member’s limited liability company interest subject to charging order.
(d) The entry of a charging order is the exclusive remedy by which a judgment creditor of a member or a member’s assignee may satisfy a judgment out of the judgment debtor’s limited liability company interest and attachment, garnishment, foreclosure or other legal or equitable remedies are not available to the judgment creditor, whether the limited liability company has 1 member or more than 1 member.
Wyoming LLC
WYOMING CHARGING ORDER PROTECTION:
Ask your Wyoming attorney how a private creditor may not foreclose against your interest in a Wyoming LLC.
WY 17-29-503. Charging order.
(g) This section provides the exclusive remedy by which a person seeking to enforce a judgment against a judgment debtor, including any judgment debtor who may be the sole member, dissociated member or transferee, may, in the capacity of the judgment creditor, satisfy the judgment from the judgment debtor’s transferable interest or from the assets of the limited liability company. Other remedies, including foreclosure on the judgment debtor’s limited liability interest and a court order for directions, accounts and inquiries that the judgment debtor might have made are not available to the judgment creditor attempting to satisfy a judgment out of the judgment debtor’s interest in the limited liability company and may not be ordered by the court.
ANNUAL RENEWAL
Delaware LLC
DELAWARE LLC RENEWAL $350
Wyoming LLC
WYOMING LLC RENEWAL $100