Wyoming Summary of Account for Inventory of Business
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How to fill out Summary Of Account For Inventory Of Business?
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FAQ
In Wyoming, there's no formal business license, but you must form and register your LLC, partnership, or corporation with the Secretary of State, which can be done online through the Wyoming Secretary of State's website. It costs $100 to register any for-profit business, and $50 for a non-profit.
You can register as many DBAs as you want. But remember that each requires a separate registration and filing fee, a separate brand identity (name, logo design, etc.), and periodic renewal registrations.
Wyoming's Annual License Fee This fee is levied against the in-state assets of limited partnerships, LLCs, and corporations doing business in the state. Wyoming's license fee amounts to $. 0002 for every dollar of in-state assets the business has, or $60, whichever is greater.
Every Wyoming business has the option to file a Wyoming DBA. This includes sole proprietors, general partnerships, limited liability companies (LLCs), limited partnerships (LPs), corporations, businesses with s-corp tax elections, and nonprofits ? the whole shebang.
In Wyoming it is not mandatory to register a DBA name. However, you may register a DBA by filing an Application for Registration of Trade Name.
Wyoming's charging order protection laws are effective for members to protect their LLC assets and ownership from creditors. However, that protection does not extend outside of Wyoming. Members living out of state will have to deal with different laws protecting their LLC assets from garnishment by creditors.
It is important to keep in mind that your trade name must be renewed every 10 years. If you would like to renew your trade name, you must complete a renewal application and submit a renewal fee of $50. This application should be submitted 6 months before your trade name's expiration and must be notarized.
A fictitious name registration is used only when a company is registering as a foreign business entity and their name is unavailable for use in Wyoming. (The name of the limited liability company as registered in its state of formation.)
