Wyoming vs New Mexico vs Missouri LLC: Which Is Best for Non-Residents? (2026)

There's no single "best" state for everyone — the right choice depends on whether you're optimizing for privacy, cost, or simplicity. Here's how the three states we form most often compare for international founders.

Wyoming — privacy & asset protection

Wyoming is the classic choice for founders who prioritize privacy. It has no state income tax, strong member-privacy laws, and no publication requirement. It's especially popular for holding companies and higher-value assets. The trade-off is a higher annual registered-agent renewal.

New Mexico — low-cost anonymity

New Mexico stands out for not requiring an annual report, which keeps ongoing maintenance minimal. Combined with strong owner anonymity and budget-friendly renewals, it's a great pick if you want privacy without recurring paperwork.

Missouri — best all-round value

Missouri offers low registered-agent renewals and simple annual compliance, making it our default recommendation for founders who just want a solid, affordable US company to start accepting payments.

Quick comparison

| Priority | Best pick | | --- | --- | | Maximum privacy | Wyoming | | Lowest ongoing cost | New Mexico | | Best all-round value | Missouri |

All three are fully valid for non-residents and work identically for banking and Stripe. See live pricing and processing times on our pricing page.

This article is for general information only and is not legal or tax advice.