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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.
The main differences between Wyoming LLCs and Delaware LLCs are cost and reputation. Wyoming LLCs provide stronger privacy, stronger asset protection, and lower fees. Delaware LLCs are more expensive to maintain, but Delaware has the reputation of being home to Fortune 500 companies.
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.)
A certified copy of your Articles of Organization or Articles of Incorporation can be ordered by fax, mail, email or in person, but we recommend faxing. Normal processing takes up to 2 days, plus additional time for mailing, and costs $3 plus $. 50 cents per page for first ten pages plus $.
Wyoming has many advantages over other states for building an LLC. It has no state income tax, filing and reporting costs are low, members' privacy is assured, and it has charging order protection laws.
Simply doing business in Wyoming is not sufficient to enjoy the tax benefits, you must also live there. This means Wyoming and New Mexico LLCs are the same when it comes to taxes. You will be subject to the taxes of where you live, not where you organize your limited liability company.
All Wyoming corporations, nonprofits, LLCs, and LPs need to file a Wyoming Annual Report each year. These reports must be submitted to the Wyoming Secretary of State, Business Division.
The DBA cost in Wyoming is $100. A DBA expires every ten years and requires renewal. You will complete the Application for Renewal of Trade Name Registration and submit it by mail to the Wyoming Secretary of State. The renewal fee for a Wyoming DBA is $50.