How to Start an LLC in Wyoming (WY LLC 2022)


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How to Start an LLC in Wyoming: If you’re interested in setting up a Wyoming LLC, you’ve come to the right place. Having an LLC not only protects your personal assets but also is less complicated than other business structures. Wyoming laws make it easy to establish your LLC in Wyoming. On this page, You’ll find all the steps that must be taken to ensure that your Wyoming LLC has been correctly established. We recommend you read the whole article very carefully word by word, don’t miss anything 🙂

wyoming llc

How to Start an LLC in Wyoming

An LLC or a Limited Liability Company is a hybrid business entity combining a corporation’s characteristics with a partnership or sole proprietorship. It separates your personal assets from your business assets, thus giving you personal asset protection.

If you wish to start an LLC in Wyoming, you mainly have to file your Certificate of Formation with the State and pay a filing fee of $100. There are some more steps to follow to get your LLC established in Wyoming. The following steps explain everything you need to create your LLC in Wyoming in 2022. Let’s get started! It is always recommended to hire a professional LLC formation service in Wyoming to set up your LLC.

Step 1: Decide a Name for Your Wyoming LLC

Wyoming name your llc

The very first step while forming an LLC in Wyoming is to give a proper name to your LLC. Before you name your business, you must know that the name should be easy to remember, available in the state, and follows all the LLC naming guidelines.

Wyoming LLC Naming Guidelines

There are a few specific requirements all the LLCs in Wyoming have to follow while naming their Company. Some of the most important requirements are as follows:

  • Your business name should be available and no other existing business in Wyoming can have the same name. Perform a name search from the below-mentioned source to be sure your name isn’t taken already.
  • “Limited Liability Company”, “Limited Company”, “LC”, “L.C.”, “LLC”, and “L.L.C.” – any one of these has to be used as a suffix in your business name.
  • You cannot use any name for your business that is confusing or misleading. Terms such as “Treasury”, “State Department”, “FBI”, “CIA”, etc. shouldn’t be included.
  • Terms like “Bank“, “University“, “Attorney“, “Doctor“, etc can be added only after the additional requirements by Wyoming State Government are fulfilled.
  • (Optional) It’s better to name your business something for which your desired domain is available.
Important Links –Submit Offline Form to –
Wyoming Business Entity Search – Online Name Search
Name Reservation Form – PDF
Wyoming LLC Name Search – Instructions
Wyoming Secretary of State
2020 Carey Avenue, Suite 700
Cheyenne, Wyoming 82002-0020

Reserve Business Name for Future

If you do not wish to file your LLC right now but want to hold the name you have decided then you can reserve your LLC name for 120 days. To keep the name, you have to file a name reservation application and pay $50 to reserve your name with the Wyoming Secretary of State.

Doing Business As (DBA) or Trade Name

Once you have a legal name for your LLC, you can register it. However, it is not mandatory. You can, instead, use DBA, Fictitious Name, or Trade Name. In that case, you must register your name with the Wyoming Secretary of State by submitting an Application to Register Trade Name in Wyoming along with the filing fee of $100.

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Tailor Brands offer DIY website templates and incredible logo designs. If you plan to get a website then it is wise to have a “.com” domain for your business but these days you can also use other TLDs like “.company”, “.xyz” etc. With Tailor Brands, you can get everything you need at an affordable price.

Do I have to include LLC in my company email/domain?

It is not legally mandatory to use the word LLC in your domain name or email. If you want you can use it. However, it is recommended not to use LLC in the domain name. A domain name should be short and easy to remember.

Step 2: Assign a Registered Agent in Wyoming

Wyoming registered agent

The second step to forming a Wyoming LLC is to appoint a Registered Agent. A registered agent is a person or business entity that will act or work on your LLC’s behalf. This person or business will receive important tax forms, legal documents, all notices of lawsuits, and other official government correspondence in Wyoming. Hence, hiring a competent Wyoming Registered Agent for your LLC is necessary. 

Make sure your registered agent is a resident of Wyoming or has a physical street address. Their business address or the principal address should be in Wyoming. Most LLC formation companies also provide registered agent services. Below are two great LLC setup services, even if you buy their cheapest plan (normally $49/year) you also get registered agent service and other services at a reasonable price.

LLC Service

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These LLC formation services are recommended registered agent services as they are authorized to conduct business in Wyoming. Some LLC formation services offer standalone Wyoming registered agent services. You can purchase only Registered Agent services from them without purchasing any other LLC formation services.

Who Can Be a Registered Agent?

A person who is above 18 years of age and has a physical address in the state of Wyoming can be a Registered Agent. A Registered Agent can be an independent person or can be a business entity. One who is responsible for handling all the legal documents.

Can I Be My Own Registered Agent?

Yes, you can be your own registered agent if you are a resident of the state of Wyoming and you are above 18 years of age. To become a registered agent you must have the authority to conduct any type of business in Wyoming.

Registered Agent Consent Application

In Wyoming, a separate Consent Letter is to be produced to the Secretary of State. At the time of change of Registered Agent (or the name or address), the new Registered Agent has to sign the consent letter along with the Change Form. LLCs have to download and submit the Registered Agent Consent Letter. No filing fee should be paid for it. This Consent Letter should have the following details,

  • Name of the Registered Agent
  • Address of the Registered Agent
  • Name of the LLC (Business Entity)
  • Signature of the Registered Agent
  • Date

For more information on the same, read our guide on Wyoming Registered Agent.

Step 3: File Articles of Organization in Wyoming

Wyoming certificate of formation

The third and most important step in forming a Wyoming LLC is to file the Articles of Organization. This Wyoming Articles of Organization is a legal document needed to officially register your business with the Secretary of State. It costs $100 (by mail and $102 online) to file your formation certificate in Wyoming. (Read more on LLC cost in Wyoming).

The Certificate of Formation includes details like the name of the LLC, registered agent’s name, address, employees’ details, and structure of the company (member-managed or manager-managed). Before hiring employees in Wyoming LLC, one should know about the rules and regulations thoroughly. Also if you are expanding your existing business (an LLC) to Wyoming then you need to register as a Wyoming Foreign LLC.

How to File Online

Go to the Secretary of State Online Service. You will get the online service page. The portal does not need any log-in or sign-up to file your business. You can directly start filing your LLC by clicking on the “Online Filing” button below. Read more about the Wyoming Articles of Organization for online registration.

How to File by Mail

If you prefer filing real-life forms for your Wyoming LLC registration, then you can download Domestic LLC Formation Form. Read the form thoroughly, fill it out, and mail it to the following address,

Mailing Address:

Wyoming Secretary of State
2020 Carey Avenue
Suite 700
Cheyenne, WY 82002

Processing Time: It takes no time (immediately) to get a Wyoming LLC if you file it online. For the mail filing, it takes 5 to 7 business days to get an LLC. By paying an additional fee, it can be expedited.

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Step 4: Create Your Wyoming LLC Operating Agreement

Wyoming operating agreement

Moving on to the fourth step, filing your operating agreement. An operating agreement is a document that legally outlines the proprietorship and operating procedures of your LLC. This document is vital as it ensures that all business owners are on the same page regarding how they operate, thus reducing future conflicts.

When it comes to filing a Wyoming LLC Operating Agreement, the state does not require you to have a comprehensive operating agreement, but it is ideal to have one that contains all the details of your business operation. Like Wyoming, there are other states that do not have a mandatory rule to file operating agreements. But, this document would be useful if you decide to dissolve Wyoming LLC later. Hence, having an operating agreement may not be necessary but it is definitely ideal.

Recommended: You can get operating agreement templates at only $29 with TailorBrands. You don’t need to worry about drafting it as they will take care of it on your behalf. We recommend using –

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Step 5: Filing a Wyoming LLC EIN

Wyoming file EIN for llc

The Employer Identification Number or, simply, the E.I.N. is a nine-digit number given by the Internal Revenue Service (IRS) to make it easier to identify the type of business for tax purposes and taxes in general. The EIN is necessary for any active business or any form of business for that matter. 

EIN is needed when the LLC hires employees. Hiring employees in Wyoming LLC requires following specific rules and regulations. On the other side, EIN for Wyoming Foreign LLC should be obtained if your LLC is based in other states.

To obtain EIN (aka FEIN) one has to fill up a form (Online or by mail) and submit it to the IRS. Enter details of your LLC, and finally complete the form and send it to the address given. You can also get an EIN Assistant who can help you with the process.

Mail to: Internal Revenue Service, Attn: EIN Operation, Cincinnati, OH 45999

Fax: (855) 641-6935 | Fee: Free

Recommended: This hassle will be reduced when you hire an LLC formation service. They take care of obtaining EIN and all other things for your LLC. We recommend using –

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Note: You don’t need a Social Security number when getting an EIN. You can proceed to fill out I.R.S. Form SS-4 and leave section 7b blank. You must then call the IRS at (267) 941-1099 to complete your application. Agents or employees will help you with that.


Congratulation, you are now done with all the necessary steps to form your Wyoming LLC. If you do it yourself it should take you a long time to properly understand and do all the steps.

However, if you use TailorBrands it should take fewer hours and you always have live chat with expert support for any help you need.


After Starting Your Wyoming LLC

After forming your LLC, there are still some things that you will need. Take note of the following:

This page has provided you with steps to LLC formation and filing processes. You now have to remember upcoming filing deadlines and filing fees or filing costs, including fees for late filings to make sure your LLC is up-to-date.

Cost of Wyoming LLC

Forming an LLC in Wyoming is no doubt more cost-effective than other structures of a business. There are some fees and charges one has to bear to form a Wyoming LLC. LLCs have pass-through taxation. Hence, your Wyoming LLC won’t bring you a massive tax burden. Here are some of the fees and taxes are needed to be paid while forming an LLC in Wyoming,

Fees/TaxAmount to be Paid
Name Reservation Fee (online)$50
Articles of Organization Fee$100 (by mail and $102 online)
LLC Annual Fee$50+ (Up to $500)
Sales Tax4%

In Wyoming, an LLC name reservation is not mandatory. You can register your LLC name at the time of registering your LLC. If you wish to hold the name for some time without registering your LLC, then you can do that online. Your LLC name will be reserved for 120 days without registering your LLC. It can be done by paying $50.

In Wyoming, an Annual Report has to be produced every year. It costs $50+. It can go up to $500. Also, the State of Wyoming requires LLCs to pay a Sales Tax of 4% every year. Read our guide on LLC costs in Wyoming for more information.

Wyoming Foreign LLC

If you are interested in forming a Foreign LLC in Wyoming then you need to file the Certificate of Foreign LLC to the Wyoming Secretary of State. Foreign LLCs allow you to operate your business in more than one state. Along with the Certificate of Foreign LLC, you need to submit some more documents like the Certificate of Good Standing, etc. to the Wyoming SOS to form your foreign LLC in Wyoming. To know more in detail, check out our guide on Wyoming Foreign LLC.

Reasons to Start an LLC in Wyoming

When we talk about starting a business in Wyoming, LLC is the best option. Especially for startups and small businesses, it is wise to have an LLC in Wyoming. The primary reason for that is it has fewer tax liabilities and a high level of incentives paid by the government agency in some prominent industries.

Also, various business funding options make it easier for small businesses. Hence, Wyoming is now the favorite business state for small and medium-sized enterprises. A special type of business like a woman-owned business can get special grants while forming their LLC in Wyoming. Following are the benefits of having Wyoming LLC, 

Tax Benefits

The state provided huge tax credits and benefits to the entrepreneurs. Some of the prominent tax reduction programs are, 

  • Corporate Tax – LLCs don’t have to pay any corporate tax while operating their business in Wyoming. 
  • Intangible Tax – For any intangible asset such as investments in bonds, shares, etc., there is one Intangible tax that LLCs have to pay. But in Wyoming, no such tax is levied.
  • Personal Income Tax – While operating your Wyoming LLC, you don’t need to pay any personal income taxes to the state government. 
  • Estate Tax – There is no estate tax in the state. You can live and pass the property on to the next generation. 
  • Excise Tax – If you are operating a Wyoming LLC, then food, gas, and other necessary products won’t get taxed. No excise tax will be levied. Read more on Wyoming’s classification of LLC tax.

Freedom in Capitalization

In Wyoming, there is no upper bar for capitalization. That means any Small and medium-sized company can raise a fund of up to $500,000. There’s no upper limit of having capital for the business setup in this state. 

Minimum Formation Formalities

Along with tax benefits and low filing fees, the formalities are hassle-free as well. You can finish everything before time if you get one professional service to handle all your work. 

Low Risk for Lawsuit

In this state, starting an LLC means one has to register their company with the government. However, there is no rule that you have to register as a manager or a member of the LLC. Hence, there is a shallow risk of getting a lawsuit. 

Taxes Exemptions

There are several taxes like self-employment taxes, Federal taxes, employee taxes, and many more that are needed to be paid. However, there are tax exemptions to lower the tax burden more in this state. 

  • Sales Tax Exemption on Manufacturing – For the specific manufacturing units, sales tax is exempted fully. LLCs or businesses do not have to pay anything to the government.
  • Sales Tax on Electricity –  Those willing to start Wyoming LLC can enjoy electricity for free until they start their company. There’s no fee to be paid for consuming electricity.

Top 3 Businesses in Wyoming

When you decide to form an LLC in Wyoming, you must have a good knowledge of the state’s economy. First of all, you should know the businesses that are running in the state and their contribution to the state.

Mining Businesses

Despite a bit of decline in oil and coal production in the state, the mining businesses are one of the top economic contributors. The major coal mine in the state is the Green River Basin and Powder River Basin, with 68.7 billion tons of coal production.

Also, there is a production of 1.77 trillion natural gas in a year in Wyoming that helps in driving major industries in the state. Wyoming is also known to produce Trona used in paper, glass, water softener, and baking soda businesses.  The total contribution of the industry is around $4.4billion.

Tourism Business

The historical places and monuments of the state have successfully attracted around 6 million visitors to the state. The key attraction to the state is Yellowstone National park and Grand Teton Park that are solely responsible for attracting 4 million people. The sector is giving around $2 billion in revenue to the state GDP.

Agriculture Businesses

The tiny state is also known as the cowboy state due to the 1.5 million cows present. Out of all the agricultural receipts, 86% portion is generated by livestock only. Other important elements of the agriculture sector are:-

  • Hay production
  • Wool products
  • Dairy products
  • Honey

The total contribution made by the sector is around $1.08 billion.

Some of the small scale businesses that are well established in the state are:-

  • Graphic designing services
  • Travelling agency
  • Online streaming businesses

Wyoming LLC Formation Review

Time needed: 5 minutes.

Just to recap, here are the easy steps again when forming an LLC in Wyoming. Click on the steps in this list to read the full detail.

  1. Name your Wyoming LLC

    The first thing you must do is to choose a company name, which should be unique, easy to find, and available in the state.
    name your llc

  2. Choose a Registered Agent

    In Wyoming, it is mandatory to select a registered agent for your LLC. Get a professional Registered Agent from LLC formation services like NorthWest Registered Agent to get things done hassle-free.
    registered agent

  3. File a Formation Certificate

    Filing a formation certificate is necessary when forming an LLC in Wyoming. Depending on the state, it could be called any of the following: Certificate of Formation, Articles of Organization, or Certificate of Organization.
    articles of organization

  4. Create an Operating Agreement

    An operating agreement is not a strict requirement in Wyoming but something encouraged when you start an LLC to avoid future conflicts.
    operating agreement

  5. Get an EIN

    The Employer Identification Number (EIN), also called Federal Tax Identification Number, serves to identify a business entity like a social security number but for a company.
    file EIN for llc

How Fast Can I Form an LLC in Wyoming

The online filing for LLC in Wyoming is immediate once the payment is received. For filing through mail, it may take up to 5 to 7 business days.

If you are looking for information about how to form an LLC in Wyoming, then you have come to the right place. There are several important steps involved in forming a Wyoming LLC, and this article will explain the process step-by-step. You can also file your documents online or by mail. Here are some of the most important documents you should prepare before filing your LLC in Wyoming. If you don’t have any experience with forming an LLC, you can still get your LLC in Wyoming.

First, you need to decide what type of company you want. If you are looking for a simple, straightforward, and hassle-free way to create a Wyoming LLC, a continuation is a great option. This allows you to maintain your identity while protecting your clients and your credit rating. In addition, Wyoming LLCs are easy to file, and it takes only 24 hours to complete the process. You can mail-file your documents to avoid paying the filing fee. Once you are done with this process, your Wyoming LLC is up and running!

After choosing a Wyoming LLC service, make sure to check the fee. The filing fee for a Wyoming LLC is $100, but you can save even more money if you pay online. The Wyoming Secretary of State also accepts payments via Visa and Mastercard. Remember that filing your LLC paperwork incorrectly can delay the company’s registration, which can cost you extra money and time. If you need help with Wyoming LLC formation, you can hire a professional, like the ones offered by CorpNet. The company will prepare your documents for you and take care of all the necessary paperwork.

Once you have decided to form an LLC in Wyoming, you need to choose a name for it. First, make sure the name is available and does not violate Wyoming business naming rules. Make sure your chosen name matches the nature of your business. If it is the same as a popular brand, an appealing company name will appear more professional than one with generic characteristics. Getting a name from an experienced filing company can help you choose a great business name.

While Wyoming requires that you have a physical address in Wyoming in order to register your LLC, filing online is the most convenient way to form your LLC. Wyoming’s Secretary of State will accept your Wyoming LLC Articles of Organization by mail, online, or in person. While you can also file by mail, the process will take up to a week. The Secretary of State will email you an electronic certificate of filing after it’s been processed.

If you choose to form your LLC in Wyoming, make sure to keep your business accounts separate from your personal finances. This will avoid any arguments about the legal status of your business. Additionally, Wyoming requires that you file a state report every year, and you must pay a license fee. The license tax is $60, which is equivalent to two-tenths of a million dollars. For nonprofits, the license fee is $50.

F.A.Qs

Can I file an LLC in Wyoming by myself?

If you are a resident of Wyoming, then you can file your LLC by yourself. However, it is always worth having a professional than doing it yourself to handle legal complexities, paperwork, and other documentation.

What is the cost of forming an LLC in Wyoming in a year?

Apart from the formation fee of $102 (domestic LLC) and $100 (foreign LLC), LLC costs in Wyoming include $50 for Annual Reports every year. LLCs are liable to pay sales tax of 4% every year.

How long does it take to get an LLC in Wyoming?

It takes no time (immediately) to get a Wyoming LLC if you file it online. For the mail filing, it takes 5 to 7 business days to get an LLC. If you hire a professional LLC service, then it might take less than that. We recommend Tailor Brands which has impeccable turnaround time.

How to renew my LLC in Wyoming?

Every year all the LLCs have to submit an Annual Report and pay $50 to the Wyoming Secretary of State and renew the LLC. It is mandatory to renew your LLC every year.

What is the tax structure for an LLC in Wyoming?

Generally, for the LLCs, it is a default tax structure. Once you will obtain the EIN, you will get the various tax structure options to select. Sometimes LLCs choose S Corp to reduce federal tax burdens. Read more on the Wyoming Classification of LLC Tax.

In Conclusion

LLCs are easier to establish than other business structures. Small businesses, especially start-ups can easily start their LLCs in Wyoming at a bare minimum cost. LLCs have a ‘pass-through taxation’ advantage for which they are excluded from certain taxes. The formation of limited liability companies requires much lesser documents and legal processes. Share your queries with us, and leave a comment below.

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