Choosing the Right Incorporation

Comparing Entities on OtoCo

Aspect	Unincorporated DAO on OtoCo	Wyoming LLC on OtoCo	Delaware LLC on OtoCo	Swiss Association on OtoCo
Speed of Formation	Instant	Instant	Instant	Instant
Legal Protection	❌	✅	✅	✅
Series LLC Option	❌	✅	✅	❌
Anonymity	❌	✅	✅	✅
Limited Liability	❌	✅	✅	✅
Onchain Incorporation	❌	✅	✅	✅
Access to Plugins	Limited	✅	✅	✅
Local Registered Agent and Office	❌	✅	✅	✅

Feature	With OtoCo	Without OtoCo
Formation Cost	US$49 + gas fees for LLCs, US$99 + gas for Swiss Associations	From hundreds to thousands of dollars and often open-ended, opaque pricing
Speed	Instant (thank you blockchains!)	Anywhere from 72hrs to 10 days
Registered Agent	Provided by OtoCo for same annual fee as formation fee	Requires hiring a registered agent and incurring associated costs
Paperwork	None	Extensive
Operating Agreement (required by Law)	Included	Requires hiring and paying a lawyer or service provider
Annual Franchise Tax	Automatically paid on time by OtoCo (cost is on us!)	To be paid by each standalone LLC and risks of tax delinquency when delayed
Mailing Address	Free address provided with option to use your own.	You will need your own physical address (additional cost)
Proof of Existence	Blockchain tx hash and unique NFT (optionally Registry-issued Certificate of Formation for LLCs)	Publicly filed LLC Certificate of Formation, potentially exposing the name of Member and Manager, or filed Articles for Swiss Association