Wyoming Limited Liability Company

Wyoming LLCs are governed by the Wyoming Statutes – Title 17, Chapter 29 Wyoming Limited Liability Company Act.

Wyoming LLC registration:

There is a $100 LLC articles of organization state filing fee. That’s it. Super reasonable for the first LLC to be created in the US and the best LLC in America.

The Wyoming Secretary of State is in charge of filing Wyoming LLCs, and it will take about 3-6 business days to process your Wyoming limited liability company articles of organization. You have to hire a registered agent, get an originally signed consent form from them, attach that to your LLC articles of organization, and mail in an original and one copy to the Wyoming SOS. Logistically, there’s some back and forth that wastes a few days when you form a Wyoming LLC yourself.

When forming an LLC in Wyoming, our service includes:

  • Unlimited Wyoming Mail Forwarding
  • Drafting custom Wyoming company articles of organization
  • Filing your LLC with the state same day
  • We draft the organizer initial resolution
  • Wyoming limited liability company operating agreement
  • Wyoming LLC membership certificates
  • The Wyoming LLCs state filing fees
  • Wyoming registered agent service
  • Wyoming registered office service

Total Wyoming company cost if you use our services:

$325 for a Wyoming limited liability company and that INCLUDES the state of Wyoming LLC fees.

Get a Wyoming LLC in 3-5 days

Should I get a Wyoming LLC bank account?

Sure. It’s easy to get a Wyoming LLC bank account. You will apply for a bank account under your Wyoming LLC name, our Wyoming address, and we will forward your Wyoming business bank account checks and debit cards to you when they come to you at our address. We guarantee the final Wyoming Limited Liability Company filed packet we give you will work with your local bank. We also have written a page about how to get a free Wyoming business bank account here yourself.

How could I form a Wyoming LLC myself?

We actually wrote a page just for you here: How to form a Wyoming LLC

How much does a WY LLC cost each year?

$52. You can renew online instantly, and we remind you of this each year.

Wyoming LLC Benefits:

Wyoming has a special election you can make on an LLC to make it a Wyoming Close LLC. Basically the theory has been for many years that if you have a single member LLC it does not have as much liability protection as an LLC with multiple members because an actual business with two non related members might have more of a business purpose than a single individual trying to create an alternative identity behind a single member LLC. All this is stupid in our minds. Why should someone that doesn’t have partners not have as much liability protection just because they own the business as a single person? Well, the State of Wyoming agrees and created the Wyoming Close LLC. We’ve outlined it more in the link above, but it provides a lot of really awesome asset protection and planning mechanisms for single member Wyoming LLCs and closely held LLCs.

How can I use a WY Limited Liability Company for asset protection?

A Wyoming LLC is one of the best LLCs for a number of reasons:

  • Exclusive charging order for a judgment against the LLC
  • Very conservative court system
  • The WY LLC protects the LLC from it’s members personal problems
  • The WY LLC was made with asset protection in mind
  •  Wyoming values the single member LLC and provides it protection

A Wyoming LLC cannot be used fraudulently. It’s important to remember that just because Wyoming has great asset protection laws for a limited liability company or corporation, you can’t just not pay people and hide behind the entity. The Wyoming courts will fight and reward you for honesty and integrity, but they will quickly allow someone to pierce your corporate veil if you fraudulently defraud people you owe. The good news is if you have no bad intentions with a Wyoming LLC company, you should be protected if you run your Wyoming company properly.

Could I move my LLC to Wyoming?

Yes, there’s a process, and we do it for you for only $100. You can do it yourself, it’s just a lot of filings. If you formed an LLC in another state, you can move your LLC to Wyoming and it when you do a name search for your LLC in Wyoming it will show your original formation date of when you organized it in another state and Wyoming gives you a certificate with that date on it.

What are the Wyoming LLC taxes?

There is no personal or corporate income tax in Wyoming. Many people use Wyoming LLCs as Wyoming holding companies to minimize their business taxes. Wyoming has about 6% sales tax if you go to Wyoming and buy something or if you had a brick and mortar business in Wyoming selling something to another Wyoming resident. There are no sales tax reports or anything Wyoming LLCs have to file.

Wyoming LLC Resources:

Asset Protection with an LLC

Free LLC Forms

Want to compare entities? See our Wyoming Corporation page.