Choosing the Right Incorporation
Comparing Entities on OtoCo
OtoCo currently offers four jurisdiction options. Marshall Islands (RMI) is no longer offered.
| Aspect | Delaware LLC | Wyoming LLC | Swiss Association | (D)UNA |
|---|---|---|---|---|
| Speed of Formation | Instant | Instant | Instant | Instant |
| Best for | E-commerce, RWA vaults, holdings, investment pools | DAO ops, crypto holdings, RWA, asset protection | International multi-member ops, DAO services platform | DAOs, non-profits, decentralized organizations |
| Legal Protection | ✅ | ✅ | ✅ | ✅ (after DUNA status) |
| Limited Liability | ✅ | ✅ | ✅ | ✅ (DUNA) |
| Anonymity | ✅ | ✅ | ✅ | ✅ |
| Onchain Formation | ✅ | ✅ | ✅ | ✅ |
| Registered Agent + Address | ✅ | ✅ | ✅ | ✅ |
| Series LLC option | ✅ | ✅ | — | — |
| Pricing | $99/yr | $99/yr | $299/yr | $499/yr + $2,000 upon reaching DUNA status (100+ token holders) |
Features of OtoCo Entities vs. Traditional Formation
| Feature | With OtoCo | Without OtoCo |
|---|---|---|
| Formation cost (Instant Series LLC) | $99/yr for Delaware or Wyoming LLCs (all-in) | Hundreds to thousands of dollars, often with opaque pricing |
| Swiss Association | $299/yr (all-in) | Thousands of dollars plus notary fees |
| (D)UNA | $499/yr + $2,000 once DUNA status is reached (100+ DAO members / token holders) | Usually requires retaining a Web3-savvy law firm; can run into many thousands |
| Speed | Instant — formation completes in seconds onchain | 72 hours to 10 days |
| Registered Agent | Included in annual fee | Hire a registered agent separately |
| Paperwork | None | Extensive |
| Operating Agreement | Included (Master / Series templates) | Requires hiring a lawyer or service provider |
| Annual Franchise Tax (LLCs) | Paid automatically by OtoCo for Series under the Master LLC | Each standalone LLC pays its own; tax delinquency risk when delayed |
| Mailing Address | Optional Virtual Mailing Address ($249/yr) or use your own | Requires your own physical address |
| EIN (Tax ID) | Optional expedited add-on ($189 once) or included free with BYOE | Direct IRS filing; can take weeks for foreign-owned entities |
| Proof of Existence | Blockchain transaction hash + unique Entity NFT; Certificate of Formation available for LLCs | Publicly filed certificate, potentially exposing Member and Manager names |
| AI Operator (Genco) | Built-in: orders EIN, applies to Mercury, manages entity, answers compliance questions | Not available |
Series vs. Standalone LLC
By default an OtoCo LLC is formed as a protected Series under the OtoCo Master LLC (OtoCo DE LLC or OtoCo WY LLC) — no extra cost, instant formation, full legal protection. If you need an independent LLC with its own Certificate of Formation (e.g. for banking relationships that require your own EIN, or because investors require an independent entity), choose Standalone LLC Formation at $299/yr at checkout.
Already have an LLC?
Bring it to OtoCo with Bring Your Own Entity (BYOE) for a one-time $149 setup fee (50% off the first year of registered agent service). EIN and Virtual Mailing Address are included.