Dropshipping has specific requirements. Here's the optimal stack.
The dropshipping stack (proven 2026)
- LLC: Wyoming (privacy + Mercury-friendly)
- EIN: required for Stripe + Shopify Payments + Amazon
- Bank: Mercury (works with Shopify Payments) or Relay
- Payment processor: Shopify Payments (powered by Stripe) — best for Shopify stores
- Backup processor: Stripe direct, PayPal Business
- Sales tax: TaxJar or Avalara if selling to US customers
- Mercury approves Wyoming LLCs slightly more often
- Shopify Payments has better historical approval for Wyoming entities
- $60/yr WY annual fee is a rounding error vs. NM $0 if you make any revenue
- Using a personal address: Shopify will flag mismatched addresses. Use a Wyoming registered office or virtual mailbox.
- No business website beyond your store: link your Shopify store as your "business website" in Stripe — they accept it.
- Sales tax confusion: you owe sales tax in US states where you have "nexus" (typically: $100K revenue or 200 transactions in that state). Use Shopify Tax or TaxJar to auto-calculate.
- Restricted products: Shopify and Stripe block CBD, supplements, weapons, adult — verify your niche before forming.
Why Wyoming over New Mexico for dropshipping
Common pitfalls
Stop reading. Start filing.
Your LLC could be live by tomorrow morning. From $149. 100% money-back if rejected.
Recommended plan
LLCora Pro ($299) — gets you Wyoming + EIN + Operating Agreement + bank guide. Add the Premium ($499) if you want Form 5472 reminder (you'll likely need it as a foreign-owned single-member LLC).