To register your Wyoming LLC, you’ll need to file the Articles of Organization with the Wyoming Secretary of State. You can apply online or by mail. Additionally, you must file a Consent to Appointment by Registered Agent, which is included in the Wyoming formation PDF. A Wyoming LLC must complete an annual report and pay an annual license tax beginning with the second year of business. The fee is $60 for businesses with less than $300,000 in Wyoming assets. If your business has more than $300,000 in assets, multiply the amount of assets by 0.0002 to determine your tax. Wyoming allows minimal annual fees and one of the lowest small business tax burdens in the U.S.
LLC Formation Process in Wyoming
How long does it take to form an LLC in Wyoming? Processing time can take up to 15 business days. A foreign LLC must be formed when an existing LLC wishes to expand its business to another state. The cost of filing your formation documents with the Secretary of State is $102 online or $100 by mail. Your total cost may be higher as this will depend on whether you purchase a third-party formation service.
In addition to the formation filing fee, you may need to pay other costs such as:
- Registered Agent Fee ($100 – $300, Optional but Recommended)
- Name Reservation Fee ($50, Optional but Recommended)
- Annual Report Fee ($50 – Mandatory)
- Business Licenses & Permits (Cost Varies)
- Business Insurance (Cost Varies)
All Wyoming LLCs also need to pay an Annual License Tax of $60 per year, beginning in the second year of business. If your LLC has over $300,000 in Wyoming assets, the annual tax is calculated by multiplying assets by 0.0002.
The total cost to form and operate a Wyoming LLC can vary greatly depending on your specific business needs. However, Wyoming offers relatively low LLC fees compared to other popular states like Nevada and Delaware. With only a $100 initial filing fee, Wyoming makes starting an LLC very affordable.
Can you open an LLC in Wyoming without living there? Or you could hire us to form your LLC in Wyoming for $150 total, including state filing fees, a year of registered agent service, and free use of our permanent building address. On top of all that, you get website, email, and phone service without paying any more upfront. However you choose to form your business, we firmly believe a Wyoming LLC is the best for business owners, and we know we’re the best LLC formation service in Wyoming.
It only costs $102 to form a Wyoming LLC online instantly. Thing is, if you try to file your own Wyoming LLC, you will screw up the privacy part and your personal information will end up on permanent record. So your next move is to seek out a registered agent who can handle your business filings.
You will need to hire a registered agent service that can help you remain anonymous while setting up your LLC with the Secretary of State in Wyoming. How much does it cost to form an anonymous LLC in Wyoming? Fees vary, but it typically costs around $100-$150 to form an anonymous LLC in Wyoming.
To register an anonymous LLC in Wyoming you will need to hire a state-registered agent. State-registered agents will then act on your behalf to prepare and file all necessary paperwork with the state. As mentioned, all publicly available information will bear the name of the registered agent and will not include the personal information of the LLC member(s) or manager(s).
Wyoming is also an attractive state to form an LLC in because it offers minimal annual fees and one of the lowest small business tax burdens in the U.S. You should weigh your options carefully when choosing which state to form your LLC.
Starting an LLC in Wyoming means you can take advantage of the Cowboy State’s low taxes and fresh mountain air.