You don't need to be a US citizen - or ever set foot in the US - to own an American LLC. NeoReg is an independent guide with verified state fees, a real cost calculator, and no fluff.
Compare the 5 best states Calculate your total costAccess to US payment processors (Stripe, PayPal), US business banking, credibility with US customers, and a simple pass-through structure with no US corporate tax layer for most foreign-owned single-member LLCs.
Wyoming, New Mexico and Delaware are the usual candidates for founders without a physical US presence. Fees and privacy differ more than you'd think.
State comparison →Every state requires a registered agent with a physical in-state address - as a non-resident you'll hire one (from ~$100-125/yr). Formation itself can cost as little as $50 in state fees.
Compare formation services →Get your free EIN from the IRS without an SSN, open a fintech-friendly business account, and don't miss the one filing that carries a $25,000 penalty.
EIN guide →All figures verified August 2026 against state fee schedules - including Delaware's 2026 increase that many sites still miss. Full details on the comparison page.
| State | Filing fee | Annual cost | Owner privacy |
|---|---|---|---|
| Wyoming | $100 | $60/yr | Private |
| New Mexico | $50 | $0 - no annual report | Private |
| Delaware | $110 | $400/yr (was $300 until 2026) | Private |
| Florida | $125 | $138.75/yr | Public |
| Texas | $300 | $0 for most (report still required) | Public |
Most content in this niche is written by the companies selling you formation packages. We link to services we may earn a commission from - clearly disclosed - but the guides tell you what's free, what's overpriced, and what can go wrong.
The complete step-by-step, from name search to first annual report.
Read →The IRS gives EINs to foreign owners for free. Here's the exact process - and why you shouldn't pay $250 for it.
Read →Realistic options in 2026: fintechs that onboard remotely, what they require, and common rejection reasons.
Read →The rules changed dramatically in 2025 - most US-formed LLCs are currently exempt. What that means and why it could change again.
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