- Sales Tax Licenses
- Industry-Specific Licenses
Most businesses don’t need a Wyoming business license to operate, but there are exceptions. Find out who needs a WY business license and how to set up your company in the state quickly and easily with us!
Sales Tax Licenses
If your business sells goods or services subject to taxation, you’ll need to register with the Wyoming Department of Revenue. A sales tax license authorizes businesses to collect state and local sales taxes from customers. They’re mandatory licenses for retail and certain service-based operations.
Each county has its own sales tax fee schedule ranging from 1% to 2%. You’ll need the sales tax license prior to conducting your first sales.
Industry-Specific Licenses
Industries that may require a license include, but aren’t limited to:
- General contractors (licensed by localities)
- Food products (requiring a Wyoming Department of Agriculture license)
Most businesses in Wyoming may not need a business license. However, some industries and professions may have unique licensing requirements. To ensure compliance, consult local authorities for necessary licenses and permits.
Registered Agent
A registered agent is required to obtain a business license in Wyoming. This person or company receives legal documents on behalf of your business. You cannot use a virtual address as your registered agent in Wyoming.
Business Name Registration
Before applying for a business license, register your business name with the Wyoming Secretary of State. Check for existing trademarks and ensure your chosen name is unique.
Applying for a Business License
You can obtain a Wyoming business license online or by mail. Ensure you have federal, state, and local licenses and permits, including a seller’s permit if applicable.
Licensing Requirements
Business licensing requirements in Wyoming typically depend on your business’s activity and location, such as zoning regulations. Costs vary based on the type and nature of the business.
Wyoming Business Profile Overview
- Number of Small Businesses: 70,618
- Number of Small Business Employees: 130,605
Benefits of Wyoming LLC
Main benefits include:
- No state income tax on limited liability companies
- Asset protection and limited liability
The requirement for business licenses in Wyoming varies based on the nature of your enterprise. While some state-specific requirements may exist, the type of business ultimately determines the necessary licenses. It’s recommended to consult with local authorities for compliance in your specific city or county in Wyoming.