Wyoming LLC Cost
The minimum Wyoming LLC cost is $100, covering the processing fee for filing your LLC formation documents, known as the Articles of Organization.
However, the total cost of forming a Wyoming LLC will vary based on several factors, including your personal preferences and specific business needs.
In our Wyoming LLC Cost article, we’ve detailed everything you need to know about the different costs involved in launching and maintaining an LLC.
More than 84% of our readers form their LLC through a professional service to save time and avoid mistakes.
Northwest ($29 + State Fees)
How Much Does a Wyoming LLC Cost
In the table below, you'll find a summary of the main requirements of forming a Wyoming limited liability company (LLC) and their associated fees.
LLC Cost Summary |
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Requirement | Fee | |
Articles of Organization | $100 | |
Registered Agent | $0-$150+ | |
LLC Name | $0-$160 |
Wyoming LLC Filing Fee ($100)
Filing the Articles of Organization with the Wyoming Secretary of State is required in order to register your LLC with the state.
The fee for this is $100, which applies to both domestic and foreign LLCs.
If you choose to use an LLC formation service, you can expect the total cost to be a bit higher, as it will include a small service fee in addition to the state filing fee. Service fees can start as low as $29 but may increase with additional offerings.
Have a look at our in-depth review of the best and most affordable LLC Formation Services in 2024.
Wyoming Registered Agent ($0-$150+)
You must appoint a registered agent when forming your LLC in Wyoming. This can be an individual or a business entity, and will be responsible for receiving legal, tax, and governmental correspondence on behalf of your LLC.
While you can serve as your own registered agent at no cost, many business owners opt to hire a professional service to avoid compliance issues and keep their personal information private.
Professional registered agent services generally range from $125 to over $300 annually, but this will depend on the number of features selected.
Get a Free Registered Agent Service
Form an LLC with Northwest Registered Agent to get one year of registered agent services free of charge ($29 + State Fees).
Wyoming LLC Name ($0-$160)
While simply registering a name for your LLC has no cost, there are a few potential associated fees that you should keep in mind.
Reserving a Name
To reserve your LLC’s name before filing, you can submit an Application for Reservation of Name to the Wyoming Secretary of State, along with a $60 filing fee. This reservation holds the name for 120 days.
If you're ready to file your Articles of Organization, reserving a name separately isn't necessary, as your name will automatically be registered with your LLC.
Tip: You can use the Wyoming Business Entity Search tool to check if your desired LLC name is available before attempting to reserve it. You should also ensure that your name aligns with an available domain, as this can ensure consistency between your LLC’s name and its online brand.
Doing Business As (DBA) Name
If you plan to operate your LLC under a different name, you’ll need to register a Doing Business As (DBA) name, which is also known as a Trade Name in Wyoming.
This requires filing an Application for Registration of Trade Name and paying a $100 fee.
Your LLC must be in good standing with the Secretary of State before applying for a trade name.
Processing can take up to 15 business days, with no expedited filing available.
Optional Wyoming LLC Formation Costs
Beyond the standard fees, there are several potential costs you might encounter when forming an LLC; these will depend on your unique circumstances and needs.
Wyoming LLC Operating Agreement
An operating agreement is not mandatory in Wyoming, but it's strongly recommended. This document outlines the roles and responsibilities of LLC members or managers, potentially helping prevent and resolve future disputes.
While you can draft this document yourself at no cost, you can also choose to hire an online service or business attorney for this — usually at a cost of a few hundred dollars.
Note: The operating agreement is an internal document and doesn't need to be filed with the Wyoming Secretary of State.
Local Business Licenses
Depending on your LLC’s location and industry, local-level licenses and permits may be necessary.
For example, in Wyoming, all LLCs involved in snowplowing services need a Snow Plow License, which costs $30 per vehicle.
Certified Copies of Business Documents
Certified copies of business documents are sometimes necessary for financial institutions, regulatory bodies, or legal proceedings.
To obtain certified copies, you’ll need to fill out the Certified Copy/Certificate Request Form and submit it to the Wyoming Secretary of State.
The cost for this is $10 for documents totaling 10 pages or less, with an additional $5 plus $0.15 per page for longer documents. Certificates cost $20.
Ongoing Costs to Maintain a Wyoming LLC
In addition to the initial formation costs, there are ongoing fees you’ll need to cover to keep your LLC in good standing with the state.
Annual Report Fee
Each year, Wyoming LLCs must file an annual report and pay a license tax to remain in good standing.
The fee is either $60 or 0.0002% of your LLC’s Wyoming-based assets (whichever is greater).
Reports and payments are due on the first day of your LLC’s formation anniversary month, and can be paid online through the SOS’s website.
Registered Agent Maintenance
If you choose to use a professional registered agent to handle your legal documents, you’ll need to pay an annual fee for their services.
The cost of this service varies, typically ranging from $125 to $300 per year, depending on the provider and the features you select.
While not mandatory, using a professional registered agent service is often recommended for small business owners as it offers increased privacy and flexibility.
Ready to Get Started?
Have a look at our LLC Wyoming Guide (DIY Approach)
Let Northwest Registered Agent handle it for you ($29 + State Fees)
Wyoming LLC vs Other States
Wyoming is renowned for its favorable business environment, with relatively low formation fees and no state income or franchise tax, making it a very attractive option for prospective LLC owners.
Even so, you should keep in mind that the best state to form your LLC in will generally be where you will be operating from.
This is because this will ensure that you do not end up having to pay registration and maintenance fees more than once, as you’ll only need to comply with one state’s regulations.
Wyoming LLC Cost FAQ
In Wyoming, the formation of an LLC requires the filing of Articles of Organization. This can be done either online or by mail with the Secretary of State. The filing fee is $102 when filed online, or $100 by mail.
A registered agent in Wyoming acts as the point of contact for the LLC, receiving legal documents and official correspondence on behalf of the business.
Yes, an LLC in Wyoming can operate under a trade name. This is also known as a DBA (doing business as) name and allows the business to function under a different name than the one registered with the Secretary of State.
Every year, Wyoming LLCs must file an annual report. The fee for this report is $50 or 2/10 of one mill on the dollar, depending on which is greater based on the company's Wyoming assets.
Using an LLC formation service can streamline the process of setting up your LLC in Wyoming. These services handle the necessary paperwork and filing, saving you time and ensuring accuracy. Moreover, many offer added features such as providing registered agent services and sending compliance reminders, which can be of significant benefit to your business operations.
The availability of a business name in Wyoming can be verified using the Business Entity Search tool on the Secretary of State's website.
A Certificate of Good Standing in Wyoming is a document that confirms your LLC is legally registered and in compliance with state requirements. It may be requested by banks, potential business partners, or other interested parties who need to confirm the legitimacy of your business.
Article Sources
Wyoming Department of Revenue:
https://revenue.wyo.gov
IRS - Employer ID Numbers:
https://www.irs.gov/businesses/small-businesses-self-employed/employer-id-numbers
Wyoming Secretary of State:
https://sos.wyo.gov/default.aspx
SBA - Apply for licenses and permits:
https://www.sba.gov/business-guide/launch-your-business/apply-licenses-permits
Chamber of Commerce - Wyoming Chamber of Commerce List
https://www.officialusa.com/stateguides/chambers/Wyoming.html