how to start a Wyoming LLC

Wyoming LLC Formation – Basics & Helpful Information

How to Start a Wyoming LLC

This article is meant to be a general overview of the Wyoming LLC formation process; including information about how to start a Wyoming LLC and other basic issues related to Wyoming LLCs.

Wyoming LLC Filing Fees

To start a Wyoming LLC, you must file Articles of Organization with the Wyoming Secretary of State. The filing fee charged by the WY SOS to file the LLC’s Articles of Organization is $100.

Wyoming LLC Filing Time

The typical filing time for a Wyoming Articles of Organization is 3-5 business days following the date they receive the Articles. The Wyoming SOS does not allow expedited filings and the turn around time depends on how many filings the WY SOS is processing at any given time. You can determine the current the current processing times by visiting: wyobiz.wy.gov.

Wyoming LLC Annual Compliance

Annual reports are due every year on the first day of the anniversary month of formation. Wyoming also has an Annual Report License tax that equals the greater of $50 or two-tenths of one mill on the dollar ($.0002) whichever is greater based on the company’s assets located and employed in the state of Wyoming. In other words, if you have $250,000 worth of assets in Wyoming you will owe an Annual Report License tax equal to $50 ($250,000 x .0002). If you have less than $250,000 of Wyoming assets your Annual Report License tax will equal the $50 minimum. If the Wyoming Annual Report License tax is not paid within 60 days of the due date the LLC will be subject to dissolution.

Learn more about Wyoming Annual Reports

Form an LLC in Wyoming

You can use this checklist to help guide you through the process of forming a Wyoming LLC:

Step 1: Decide on a Business Name

Step 2: Register your LLC with the State

Step 3: Create and Sign the LLC's Governing Document

Step 4: Get an EIN

Step 5: Obtain Required Licenses and Permits