Wyoming Business Start-up Checklist

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Multi-State
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US-04088BG
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The business start-up checklist below is meant to inform you of the tasks you may have to perform when starting your business. Not every small business will have to complete each step. For instance, you may decide not to register your trademark with state or federal officials. Or, you may not be required to publish a notice of intent to do business. Since laws vary by state and by type of business, be sure to check with local authorities to determine if there are any additional legal steps you need to take.
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FAQ

Wyoming. Wyoming is the best state to start a business for a variety of reasons. For starters, Wyoming's business tax climate is conducive to starting a business. The state doesn't have a corporate income tax, individual income tax or gross receipts tax, according to the Tax Foundation.

How to Start a Business in WyomingChoose a Business Idea. Take some time to explore and research ideas for your business.Decide on a Legal Structure.Choose a Name.Create Your Business Entity.Apply for Licenses and Permits.Choose a Business Location and Check Zoning.Taxes and Reporting.Obtain Insurance.More items...

The Wyoming Secretary of State charges a $100 fee to file the Articles of Organization by mail and $102 to file online. You can reserve your business name by filing an LLC name reservation for $50. Wyoming LLCs are also required to file an annual report license tax, which is a minimum of $50.

Business Plan. Almost every business needs a little funding to get started.Partnership Agreement.LLC Operating Agreement.Buy/Sell Agreement.Employment Agreement.Employee Handbook.Non-Disclosure Agreement.Non-Compete Agreement.More items...

How much does a Wyoming business license cost? There is a $60 registration fee for a Wyoming sales tax license.

Fortunately, there is no general Wyoming business license per se. For most businesses in the state of Wyoming, a business license isn't necessary, so there are no extra fees to pay or forms to file. You must only pay for an annual report and maintain a registered agent in Wyoming.

The Wyoming Secretary of State charges a $100 fee to file the Articles of Organization by mail and $102 to file online. You can reserve your business name by filing an LLC name reservation for $50. Wyoming LLCs are also required to file an annual report license tax, which is a minimum of $50.

How to Start a Business in WyomingChoose a Business Idea. Take some time to explore and research ideas for your business.Decide on a Legal Structure.Choose a Name.Create Your Business Entity.Apply for Licenses and Permits.Choose a Business Location and Check Zoning.Taxes and Reporting.Obtain Insurance.More items...

Wyoming is considered as one of the top states when it comes to offering a business friendly environment. If you are planning to start a business in Wyoming then you will be a part of a strong economy. There are several drivers of the economy like resource development especially oil and natural gas followed by tourism.

Starting the company only requires a $100 filing fee payable to the Wyoming Secretary of State. The price is $102 if you file online. There is a $2 convenience fee. We only charge $199 to form a Wyoming LLC.

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Wyoming Business Start-up Checklist