How do I register a business in Wyoming?

How much does it cost to register a business in Wyoming?

The Wyoming Secretary of State charges a $100 fee to file the Articles of Organization by mail and $102 to file online. You can reserve your business name by filing an LLC name reservation for $50. Wyoming LLCs are also required to file an annual report license tax, which is a minimum of $50.

Do I need to register a business in Wyoming?

Fortunately, there is no general Wyoming business license per se. For most businesses in the state of Wyoming, a business license isn’t necessary, so there are no extra fees to pay or forms to file. You must only pay for an annual report and maintain a registered agent in Wyoming.

What is needed to start a business in Wyoming?

How to Start a Business in Wyoming

  • Choose a Business Idea. Take some time to explore and research ideas for your business. …
  • Decide on a Legal Structure. …
  • Choose a Name. …
  • Create Your Business Entity. …
  • Apply for Licenses and Permits. …
  • Choose a Business Location and Check Zoning. …
  • Taxes and Reporting. …
  • Obtain Insurance.
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How much is a small business license in Wyoming?

How much does a Wyoming business license cost? There is a $60 registration fee for a Wyoming sales tax license.

Can I start a business in Wyoming if I don’t live there?

Hire a Wyoming Registered Agent

Registered agents are required by state law and must be located in Wyoming. If you don’t live in the US, you can’t meet these requirements so most foreigners hire registered agent services as a necessary expense.

How much does a LLC cost in Wyoming?

The cost to start a Wyoming limited liability company (LLC) online is $102. This fee is paid to the Wyoming Secretary of State when filing the LLC’s Articles of Organization.

Why register your business in Wyoming?

The main benefits of forming a LLC in Wyoming are:

No state income tax on limited liability companies. Asset protection and limited liability. LLC assets are safe from personal liabilities. Charging order protection extended to single member LLC’s.

How do I register a sole proprietorship in Wyoming?

When it comes to being a sole proprietor in the state of Wyoming, there is no formal setup process. There are also no fees involved with forming or maintaining this business type. If you want to operate a Wyoming sole proprietorship, all you need to do is start working.

How do I set up an LLC in Wyoming?

These steps will guide you through the LLC registration process with the Wyoming Secretary of State:

  1. Decide on a name for your business. …
  2. Assign a registered agent for service of process. …
  3. Get an Employer Identification Number (EIN) from the IRS. …
  4. Create an operating agreement. …
  5. Pay the license tax.
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Is Wyoming LLC anonymous?

Someone can setup a Wyoming business entity through a registered agent and hide the true owner of the entity from both the public and State government. … This unique privacy function has contributed to Wyoming being known as a haven for corporate secrecy.

What is a Wyoming LLC?

A limited liability company (LLC) is a legal entity you can form in Wyoming that combines the protection from liability provided by a corporation with the flexibility and simpler governance structure of a partnership. Wyoming LLCs are governed by the Wyoming Limited Liability Company Act.