Wyoming LLC for Indie Hackers (2026)

Wyoming LLC for Indie Hackers

Indie hackers care about two things on the entity side. Keep costs low and keep tax cleanup short. A Wyoming LLC wins on both. The $397 package handles formation, EIN, and bank intros. Year 2 onward, your only fixed cost is roughly $160 for the Wyoming annual report and registered agent renewal. No franchise tax. No expensive lawyer required to keep the entity in good standing. Mercury and Stripe US sit ready right after formation.

Why indie hackers pick Wyoming over Delaware or Stripe Atlas

Stripe Atlas costs $500 upfront and forms a Delaware C-Corp. Delaware then charges roughly $400/year in franchise tax and registered agent fees. Over 3 years, you pay $1,700 for the entity layer alone.

Wyoming through Anchorage costs $397 upfront and $160/year onward. Over 3 years, total cost is roughly $617. You save $1,000+ across the same period with equivalent legal protection.

And Wyoming has lower-friction maintenance. The annual report is one page filed online in 5 minutes. Delaware annual filings are more complex and Atlas charges extra for handling them.

Wyoming year 1 cost: $397 (one-time)
Wyoming year 2+ cost: ~$160/year (annual report + registered agent)
Delaware via Atlas year 1: $500 setup + $400 first year fees
Delaware via Atlas year 2+: ~$400/year
Savings over 5 years vs Atlas: roughly $1,500

The indie hacker stack after formation

Wyoming LLC formed under Title 17, Chapter 29 ($397, 24 hours)
EIN via IRS Form SS-4 (8 to 10 business days)
Mercury business bank for Stripe payouts and SaaS bills
Stripe US for product billing (instant approval typical)
GitHub, Vercel, AWS, OpenAI bills paid via LLC card
Form 5472 + pro forma 1120 filed annually ($99 add-on)

Running multiple products under one LLC

Most indie hackers we serve run 2-5 micro-SaaS products at once. A Notion template shop, a Chrome extension, a small SaaS tool, and maybe a paid newsletter. All flow through one LLC for $397.

Each product can have its own Stripe account (under the same LLC) for separate revenue tracking. Mercury sub-accounts (via Relay) work too if you want bank-level separation.

Common indie hacker mistakes

Forming multiple LLCs for each small product (wastes $300+ per LLC per year)
Picking Delaware on YC playbook advice when you have no VC plans
Skipping Form 5472 because revenue is small ($25K penalty applies)
Not deducting SaaS subscriptions and API costs as business expenses

What is included at $397

Wyoming LLC formation under Title 17, Chapter 29 within 24 hours
Wyoming registered agent for year 1
Custom operating agreement
EIN via IRS Form SS-4 (no SSN required)
Direct introductions to Mercury, Relay, and Wise Business
WhatsApp and email support across NYC and Dhaka time zones

Frequently asked questions

Is a Wyoming LLC cheaper than Stripe Atlas at year 2?

Yes by roughly $240/year. Wyoming via WyomingLLC.xyz: ~$160/year ongoing. Stripe Atlas (Delaware): ~$400/year ongoing. Over 5 years, Wyoming saves you roughly $1,200.

Can I run multiple small SaaS products under one LLC?

Yes. One Wyoming LLC can hold 5, 10, or 20 micro-SaaS products. Each can have its own Stripe account and brand. All revenue flows to one Mercury account.

How does buy-now-pay-later work with Stripe and indie pricing?

Stripe supports Klarna, Afterpay, and Affirm for US customers buying products $100+ from your store. Enable BNPL in Stripe settings. Increases conversion at higher price points by 15-30% typically.

What is the minimum revenue to make an LLC worthwhile?

Roughly $5K/year. Below that, the $397 plus annual maintenance may exceed the legal/tax benefits. Above $5K, the LLC pays for itself through withholding savings and legitimacy unlocks.

Do I need to register tax in every US state where customers buy?

No federal income tax for non-resident pass-through LLC owners without ECI. State sales tax only applies above economic nexus thresholds (~$100K/200 transactions per state). Most indie hackers stay below these for years.

Can I convert my Wyoming LLC to Delaware later if I raise VC?

Yes. Conversion takes 2-3 weeks and costs roughly $1,500 through a US lawyer. Most indie hackers never convert because they bootstrap. Wyoming saves money along the way.

Will Stripe approve every product I launch under one LLC?

Stripe accepts the LLC + EIN setup. Restricted categories (CBD, certain financial products) may face manual review per product. Mainstream SaaS, content, and digital products typically approve instantly.

Can I sell info products like ebooks alongside SaaS?

Yes. Lemon Squeezy, Gumroad, or Stripe Checkout for info products. Same LLC + Stripe + Mercury setup. Cross-promote between products. Single P&L tracking through your accounting software.