To establish an LLC in Wyoming costs $100 for filing the Articles of Organization directly with the Wyoming Secretary of State, or $102 if you choose the online filing option. You may need to pay additional costs to reserve a business name, get a basic business license, obtain a certificate of occupancy, and submit your LLC’s biennial report.
From our experience, Wyoming offers a very favorable cost structure for entrepreneurs. You can reserve a name for a full year for only a $50 fee. Wyoming only charges officer filing fees 12 months after the LLC formation. It does not require a state business license, unlike in Nevada, where you must pay $200. Wyoming does not levy state income tax on LLCs.
You can minimize the cost of forming a Wyoming LLC by choosing a registered agent that offers discounts, ordering formation documents online, and filing Articles of Organization electronically. Using a Wyoming LLC formation service can simplify the process, though their fees range from $50 to $500.
Wyoming doesn’t have a general business license for LLCs. Occupational licenses or city/county permits may have variable fees. A sales tax license costs $60. Other licenses range from $100 to $1000+. Registering a foreign LLC costs $150.
Wyoming doesn’t require a standard business license for companies. However, if your business requires an occupational license or municipal permit, the fees will vary. You can obtain a business license online or by mail.
A Wyoming business license can be approved in just a few days through the online application portal. Physical applications can take longer, and might take up to 2 weeks. There is a $60 registration fee for a Wyoming sales tax license.
To get started in Wyoming, you will need to determine if you need a business license and, if so, apply for one through the relevant local or state department. Some businesses may require more than one license or permit. The state allows local jurisdictions to regulate businesses.
Most businesses don’t need a Wyoming business license to operate, but there are exceptions. Find out if you need a WY business license and how to set up your company with the help of the Wyoming Secretary of State (SOS) website and its business & UCC center.