Wyoming Corporation

You can get an EIN directly from the IRS. The application is free, and most businesses can apply online. However, if you don’t have a social security number, you’ll need to submit a paper application form. Can’t bear to fill out yet another application? Hire Northwest to get your EIN for you. Just add on EIN service during checkout when you sign up for our incorporation service.

Corporate bylaws cover basic policies and procedures for issues such as company finances and management. Bylaws should cover a range of topics, answering key questions like those below:

• Meetings: When and where will meetings for shareholders and directors be held? How many attendees are required to transact business? What are the procedures for voting or proxy voting? How do you call a special meeting? What actions can be taken without a meeting?

• Stock: How are stock certificates issued and transferred? How is voting affected by issues such as corporate stock owners or fractional shares?

• Directors and officers: How many directors must there be? Which officer positions are required? What powers do they have? How do you fill a vacancy or remove a director or officer?

• Finances: What are the procedures for retaining profits, issuing dividends, and paying bills? Who can withdraw money from the corporate bank account or sign checks?

• Records: Where is the corporate book to be kept? What information will be maintained? How are requests for review or access honored? Can records or copies be kept or distributed digitally?

• Amendments and emergencies: Who can amend bylaws and how? Can emergency bylaws be adopted in the case of disaster?

Wyoming bylaws can make other provisions as well, assuming additions are in accordance with state law. For example, WY Stat § 17-16-1602 (2019) states that the right of shareholders to inspect a corporation’s records cannot be abolished or limited by a company’s bylaws—though bylaws can allow those rights to be expanded.

Creating bylaws can be overwhelming—where do you start? Northwest can help. We give you free corporate bylaws when you hire us to form your Wyoming corporation. We know what kinds of topics and questions corporations need to address, and we’ve spent years refining and improving our forms. We offer many other free corporate forms as well, including templates for resolutions and meeting minutes.

A minimum of $60. The license tax fee is based on the value of your corporation’s assets owned or employed in the state, and the tax owed starts at $60 for companies with $300,000 or less in assets. Higher-valued corporations pay two-tenths of one mil per dollar for their license tax fee—so, for example, a company with $300,000 in assets will pay $60 as the fee for the Wyoming Annual Report and License Tax ($300,000 x 0.0002 = 60), while one with $1,000,000 will pay $200 ($1,000,000 x 0.0002 = $200).

Additionally, if you file your annual report online, there is a convenience fee that starts at $2 per filing. This fee increases with your license tax—increasing to $5 with a tax total of $101 or more, then $8.95 for tax totals between $250 and $500.

Corporations with license tax exceeding $500 cannot file online and must mail their Wyoming Annual Report and License Tax—however, the documents must still be filled out online before printing a physical copy.

The filing is due on the first day of your anniversary month (the month you first incorporated). For example, if you formed your business on April 17th, you’re required to file by April 1st each year. If you miss an annual report filing, the state will send a delinquency notice giving you 60 days to file before your corporation is dissolved.

These filings can be easy to forget—which is why we send our clients automatic reminders for your Wyoming Annual Report and License Tax filings. Or better yet, let us file for you. With our business renewal service, we send you the completed annual report for you to add your tax information, then submit the report for you for $100 plus any tax owed for the annual report fee.

Besides the annual license tax discussed above, Wyoming corporations have little in the way of state-level taxes to deal with. There’s no corporate net income tax, no personal net income tax, and no state gross receipts tax.

The Wyoming sales tax is also rather low at 4%. County sales tax rates of up to 2% can be added on as well, making the average total sales tax 5.281%.

Yes, if you sell products or services in Wyoming, you’re required to register with the Wyoming Department of Revenue for a Wyoming Sales/Use Tax License. You can register via Wyoming Internet Filing System for Business or by filing a Wyoming Sales/Use Tax License Application. You’ll need your EIN before you can register.

The filing fee is $100, but if you file your Wyoming Articles of Incorporation online, you must also pay a $2 convenience fee for a total of $102. If you choose to mail your articles, there is no extra charge.

Hire us for a one-time fee of $325, including the state filing fees, a year of registered agent service, and more.

Filing online is the fastest method—articles are generally processed within a day. If you prefer submitting by mail, document processing usually takes 3 to 5 days.

There’s no general, statewide business license required in Wyoming, but some cities and counties have local requirements. For example, while Cheyenne and Laramie only license specific business activities, Jackson requires all businesses to obtain a license and renew it each year.

For some license applications you may need an EIN or a certified copy of your Articles of Incorporation. At Northwest, we can streamline the process and get these for you—simply add on these items during checkout.

A corporation formed outside of Wyoming—but which conducts business in the state—is considered a foreign Wyoming corporation. For example, if you incorporated in Montana but decide to open a storefront in Wyoming, you would be a foreign Wyoming corporation. This also means you would need to register with the state by filing an Application for Certificate of Authority with the Wyoming Secretary of State. Foreign corporations are required to file the Wyoming Annual Report and License Tax each year as well.

Absolutely! We’re happy to start a nonprofit corporation for you. Incorporating a Wyoming nonprofit requires a lower filing fee, just $27. Wyoming nonprofits do not pay a percentage-based state license tax the way profit corporations do, but must pay a $25 fee when filing an annual report each year.

Mail forwarding is important for many business owners – including those who form corporations in Wyoming but live outside the state, or those who prefer to not have personal documents like bank statements delivered to the office where anyone can open them. At Northwest, we include limited mail forwarding with our registered agent and formation services. For more robust needs, we also offer unlimited mail forwarding with a unique suite number via our premium Wyoming mail forwarding service. While you can use our address, we unfortunately do not have the capabilities to act as your return address for online or Amazon sellers.

It’s a conundrum: you need a local number to display on your website and give to customers, but you don’t want to make your personal number quite so…public. We get it. And we’ve got you covered with Northwest Phone Service. We can provide you with a virtual phone number in any state—plus unlimited call forwarding and tons of easy-to-use features. You can try Phone Service free for 60 days when you hire us to form your corporation, and maintaining service is just $9 monthly after that. No contract required.