State Comparison

Delaware LLC vs Nevada LLC (2026)

Written for owners based in Delaware.

Verdict: for most owners, form where the business is based

Nevada advertises $75 and collects $425 on day one, because Nevada law requires a $150 Initial List with the articles and a $200 State Business License at the same time. Both recur, so the standing cost is $350 a year with no small-business or zero-revenue relief. That is only $50 below Delaware's $400, and Nevada's arrives as two separate charges rather than one tax. Nevada levies no personal income tax; Delaware does. Registering a Nevada LLC into Delaware costs $200, after which the $400 applies too.

Based in Nevada? Read Nevada LLC vs Delaware LLC →

Compare Delaware LLC vs Nevada LLC on filing fees, taxes, privacy laws, and annual costs. Find out which state is actually better for your business.

By Edmond Hui · Last updated: September 23, 2026

If your business is based in Delaware, a Delaware LLC needs no foreign registration there; a Nevada LLC run from Delaware generally must also register in Delaware as a foreign LLC (Delaware's $200 filing fee). If your business is based in Nevada, a Nevada LLC needs no foreign registration there; a Delaware LLC run from Nevada generally must also register in Nevada as a foreign LLC ($425 in the first year, including its mandatory initial list and state business license). An LLC formed in one of these states and run from the other owes whatever filings, fees and taxes each state requires. A Delaware LLC runs $510 in year one and $400/yr after; a Nevada LLC runs $425 and $350/yr. See the full breakdown below.

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FactorDelawareNevada
Filing Fee$110$75 ($425 with the required initial list and business license)
Processing TimeNot published by the stateSame day (online)
Annual Report FeeNone ($400/yr entity tax instead)$150
Annual Report DueNone requiredAnniversary month
State Income TaxYesNo
Anonymous LLCYesNo
Publication RequirementNoNo
Foreign LLC Cost (if forming out-of-state)N/A, you're in your home state$200 + registered agent ~$150/yr

Full fee breakdown for either state: Delaware LLC cost and Nevada LLC cost. Owner privacy options for either state: Delaware anonymous LLC guide and Nevada anonymous LLC guide.

Business Climate: Delaware vs Nevada

FactorDelawareNevada
5-year business survival rate48.1% (#37 of 51)47.6% (#41 of 51)
Business application growth (2026 YTD (Jan to Jul) vs 2025 YTD (same months))+2.5% YoY (#33 of 51 by volume)+10.8% YoY (#30 of 51 by volume)

Sources: U.S. Bureau of Labor Statistics, Business Employment Dynamics · U.S. Census Bureau, Business Formation Statistics (BFS)

See the full 50-state survival ranking.

Compare LLC Costs: Delaware vs Nevada

DE

Delaware

Formation fee$110
Annual report feeNo report required
State entity tax$400/yr, Annual LLC Tax (alternative entity tax)
Report dueNone required
Processing timeNot published by the state
Late penaltyNo report to file late. The annual tax carries its own penalty
NV

Nevada

✓ Cheaper Upfront✓ Cheaper Long-Term
Formation fee$75
Annual report fee$150
State entity tax$200/yr, State Business License
Report dueAnniversary month
Processing timeSame day (online)
Late penalty$175
Total Cost
Delaware
Nevada
1 Year
$510
$425
3 Years
$1,310
$1,125
5 Years
$2,110
$1,825

A figure shown as "from" is the least the state can charge, not a price. Tennessee's report is $300 for up to six members and $50 for each member above six, its franchise tax is the greater of $100 or 0.25% of Tennessee net worth, Wyoming's report is the greater of $60 or $.0002 per dollar of in-state assets, Kentucky's entity tax is $175 up to $3 million of gross receipts and graduated above it, and New York's annual filing fee is graduated on New York source gross income. A total that contains one of those is shown as "from" for the same reason. Costs include every mandatory state charge: the filing fee, the report fee (annualised where a state files biennially), any state entity-level tax shown in its own row above, a one-time publication cost where the state publishes a rate for it, and any one-time registration charge a state requires before the LLC may trade. Two exclusions follow from that wording. Arizona and Nebraska require publication and publish no rate, so no newspaper cost is carried for either and their totals are not the whole cost. Alaska's $50 annual state business licence is a separate charge from the Secretary of State fees and is not carried here either. Annualising makes the 1, 3 and 5 year rows a cost of ownership rather than a payment schedule: a biennial state charges its whole report fee in the years it falls due and nothing in between. Entity-level taxes that only apply after a corporate election, or above an owner or income threshold, are excluded and flagged on the state's own cost page. New York's publication cost is carried at a $250 floor, roughly $200 of newspaper cost in a low-cost county plus the $50 Certificate of Publication fee. No county-clerk-designated New York City newspaper publishes a rate card, so the four-figure NYC estimates in wide circulation cannot be traced to a primary source and are not asserted here; budget for materially more than the floor if you file in a NYC county. Every fee was verified against the state's own fee schedule, statute, or revenue authority on 29 July 2026. Excludes registered agent and legal fees. For informational purposes only, not legal or tax advice.

Filing Fees & Formation Costs

Delaware charges $110 to form an LLC, while Nevada charges $425. Delaware is $315 cheaper upfront. The cost that usually gets overlooked: if you form in Nevada but operate in Delaware, you must also register as a foreign LLC in Delaware (a $200 filing) and maintain a registered agent in Nevada (typically around $150 per year). That puts the realistic first-year cost of the Nevada route at roughly $775, versus $110 for simply forming in Delaware. Only one side of this comparison is knowable: Nevada publishes a standard turnaround (same day, online), while Delaware publishes no standard processing time, so the two can't be ranked against each other on speed.

Taxes: Delaware vs Nevada

Nevada has no personal income tax while Delaware does, but forming your LLC in Nevada won't change that. LLC profits pass through to you and are taxed where you live and operate (in Delaware), not where the LLC is registered, so a Nevada LLC offers no income-tax savings for a Delaware-based business. Delaware LLCs owe a flat $400 annual LLC tax (no report required). Every LLC must hold a State Business License at $200/year (corporations pay $500) and file a $150 Annual List, $350/year total recurring. The Commerce Tax applies only to businesses with Nevada gross revenue over $4 million.

Privacy & Asset Protection

Delaware, your home state, actually offers more formation privacy than Nevada: Delaware allows anonymous LLC formation, while Nevada requires owner or manager information on public filings. Confirmed not anonymous despite marketing: both the domestic Initial/Annual List and the foreign LLC list must state the names, titles, and addresses of all managers or, if none, all managing members, and these lists are public record filed at formation and annually. Both states provide charging-order protection for LLC members, and for most small businesses the practical difference in asset protection between the two is minimal. From a privacy standpoint there's no reason for a Delaware-based business to form in Nevada.

Annual Maintenance Costs

Delaware LLCs file no annual report at all, and Nevada LLCs file an annual report ($150, due in the anniversary month). If you form in Nevada while operating in Delaware, you maintain filings in both states, Nevada's report, though Delaware asks for nothing on the foreign-registration side, and pay a Nevada registered agent roughly $150 per year. Counting report fees, the agent and any entity-level tax, that brings the Nevada route to roughly $500 a year, versus about $400 to keep a domestic Delaware LLC in good standing. The taxes inside those totals: Delaware LLCs owe a flat $400 annual LLC tax (no report required). Every LLC must hold a State Business License at $200/year (corporations pay $500) and file a $150 Annual List, $350/year total recurring. The Commerce Tax applies only to businesses with Nevada gross revenue over $4 million.

When Nevada Actually Makes Sense

Forming in Nevada makes sense in a few specific situations: your business genuinely operates in Nevada, with a real office, employees, or property there, or you're relocating to Nevada in the near future, which would also move you out of Delaware's personal income tax. For a typical small business based in Delaware, none of these usually apply. Registering a Nevada LLC to do business back home means $200 in Delaware foreign-registration fees, on top of Nevada's $425 formation fee, while Delaware itself never asks for an annual report at all. Delaware already allows anonymous formation, so the privacy argument for Nevada doesn't apply to a Delaware-based owner. Trading Delaware's no-annual-report status for Nevada's filing calendar is a step backwards for most owners. When in doubt, form where you actually do business.

Frequently Asked Questions

Comparison chart of forming an LLC in Delaware versus Nevada, contrasting filing fees, annual report cost and ongoing obligations across 8 factors.
Delaware and Nevada side by side on the factors that decide where to form. Source: MyStateLLC 50-state cost dataset, verified against each Secretary of State's published fee schedule, July 2026.

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Affiliate link. We may earn a commission at no cost to you. MyStateLLC is not a law firm and does not provide legal advice.

More State Comparisons

Delaware vs New Hampshire →Delaware vs New Jersey →Delaware vs New Mexico →Delaware vs Wyoming →Nevada vs Wyoming →
Delaware LLC Guide →Nevada LLC Guide →
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Sources

Each entry below is a document recorded in our verified sources, and each entry says what the document is. Some statutory text is read from an accurate mirror rather than from the state's own host, and those say so. Where we hold the citation but no stable public link, the citation is printed on its own rather than pointed at a guessed address.

  • Delaware statute: 6 Del. C. § 18-1107(b) (annual LLC tax)
  • Nevada statute: NRS 86.263 (initial and annual list)
  • Nevada statute: NRS 76.100 (state business license)
  • Nevada statute: NRS 86.263/86.5461 (annual list)
  • Nevada statute: NRS ch. 363C (Commerce Tax)
  • Nevada statute: NRS 86.263(1) (domestic initial and annual list)
  • Nevada statute: NRS 86.5461(1) (foreign LLC list)
  • corp.delaware.govDelaware Division of Corporations: business entity filings
  • corpfiles.delaware.gov/AugustFee2024.pdfDelaware LLC filing fees
  • nvsos.gov/sos/businesses/start-a-business/limited-liability-companyNevada Secretary of State: business entity filings
Edmond Hui

Edmond Hui · Founder, MyStateLLC

Edmond Hui is a software engineer and serial entrepreneur based in New York who has founded multiple online businesses across e-commerce, media, and information publishing. Before transitioning into tech, he spent years as a commercial real estate professional closing deals totaling over 100,000 square feet, giving him firsthand experience with business formation and entity structuring. He built MyStateLLC to provide the free, state-specific LLC guidance he wished existed when forming his own companies.