OnrampOnramp

Choosing the Right Incorporation

Comparing Entities on Onramp

AspectUnincorporated DAOWyoming LLCDelaware LLCSwiss Association
Speed of FormationInstantInstantInstantInstant
Legal Protection---YesYesYes
Series LLC Option---YesYes---
Anonymity---YesYesYes
Limited Liability---YesYesYes
Onchain Incorporation---YesYesYes
Access to PluginsLimitedYesYesYes
Local Registered Agent and Office---YesYesYes

Features: With Onramp vs. Without

FeatureWith OnrampWithout Onramp
Formation CostUS$39 + gas fees for LLCs, US$99 + gas for Swiss AssociationsFrom hundreds to thousands of dollars and often open-ended, opaque pricing
SpeedInstant (thank you blockchains!)Anywhere from 72hrs to 10 days
Registered AgentProvided by Onramp for same annual fee as formation feeRequires hiring a registered agent and incurring associated costs
PaperworkNoneExtensive
Operating AgreementIncludedRequires hiring and paying a lawyer or service provider
Annual Franchise TaxAutomatically paid on time by Onramp (cost is on us!)To be paid by each standalone LLC with risks of tax delinquency when delayed
Mailing AddressFree address provided with option to use your ownYou will need your own physical address (additional cost)
Proof of ExistenceBlockchain tx hash and unique NFTPublicly filed LLC Certificate of Formation, potentially exposing Member and Manager names