Withdraw a Foreign Business in Wyoming
In this guide to withdrawing a foreign LLC or corporation in Wyoming, we’ll go over what it means to be a foreign business, the forms you’ll need to file to withdraw or cancel it, and anything else you need to know.
Steps to Withdraw a Foreign LLC or Corporation in Wyoming
To withdraw your foreign LLC or corporation in Wyoming, you’ll need to file official state paperwork with Wyoming’s Secretary of State. Our guide shows you how to do it.
What is a foreign Wyoming business?
When companies expand their business to another state, they’re considered a foreign business. To operate legally, they need to register with that state by completing a process called foreign qualification. So if an LLC in Kansas wants to expand into Wyoming, they can either form an entire new Wyoming LLC, or they can register as a Wyoming foreign LLC.
When expanding operations to a new state, business owners often choose foreign registration over new business formation because it saves time, reduces paperwork, and helps them manage everything under one business name. If the business stops doing business in that state, they can withdraw from the state and cancel their foreign registration.
How do I withdraw my foreign LLC in Wyoming?
To withdraw your foreign Wyoming LLC, file, in duplicate, a completed Foreign Limited Liability Company Application for Certificate of Withdrawal to the Secretary of State by mail or in person.
How do I withdraw my foreign corporation in Wyoming?
To withdraw your foreign Wyoming corporation, submit, in duplicate, a completed Foreign Profit Corporation Application for Certificate of Withdrawal to the Secretary of State by mail or in person.
How do you file a Wyoming withdrawal application for a foreign LLC or corporation?
Wyoming filers can submit their application for withdrawal in person or by mail.
Mail and in-person:
Wyoming Secretary of State
Herschler Building East, Suite 101
122 W 25th Street
Cheyenne, WY 82002-0020
How much does it cost to withdraw a foreign business in Wyoming?
Both LLCs and corporations pay $60 to file.
How long does it take Wyoming to process the withdrawal filing?
It will take Wyoming up to 15 days to process the withdrawal filing. If submitting the application by mail, add extra time for mail processing.
How will Wyoming return my filed documents to me?
You will receive a file stamped copy by mail. You can also search online at Wyoming’s Secretary of State’s website by clicking on Search For and Obtain Filed Business Documents.
Foreign Wyoming LLC or Corporation Withdrawal FAQs
If you don’t file your Wyoming Annual Report and pay the fee, you’ll receive a mailed delinquency notice and have 60 days to comply before your business status is revoked and deemed defunct.
A business forfeits its certificate of authority in 60 days from the date of the delinquency notice. A business will lose authority to do business in Wyoming in approximately 70 to 80 days from the due date of the annual report.
Any foreign entity that has voluntarily withdrawn or been administratively revoked will need to re-file and re-qualify all over again as a new entity, including the $100 filing fee.
A foreign company has the right to appeal a revocation by petitioning the district court within thirty days of receiving a certificate of revocation from Wyoming.
Learn how to reinstate a Wyoming LLC or Wyoming corporation.
In accordance with state law, a Wyoming registered agent must accept service of process for two years after the filing of a withdrawal.
Learn more about the Wyoming registered agent resignation process.
Foreign entities withdraw their business from a foreign jurisdiction. Domestic entities dissolve their business in their home state.
For example, an LLC that originated in Wyoming is domestic to Wyoming. If it stopped operating in the state, it would need to dissolve the business. If it operated as a foreign business in another state, it would need to withdrawal from that state if it wanted to close up shop.
Learn how to dissolve a Wyoming LLC or a Wyoming corporation.
You’re in luck! Our guides on how to form a foreign Wyoming LLC or a foreign Wyoming corporation are easy to follow.
Or hire us to do it for you!