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The specifications required of a Wyoming LLC are: Registration. Registrants must file articles of organization with the Secretary of State by mail. ... Forms and fees. ... Timeline. ... Naming requirements. ... Formation requirements. ... Forms. ... Limited liability company operating agreement. ... Taxes.
You can form a Wyoming LLC even if you don't live in Wyoming. Residency in the state, or the USA, is not required to form a company. A majority of LLCs are formed by non-residents. Forming an LLC in Wyoming as a non-resident is the same process as for a resident.
Out-of-state entities can register to transact business in Wyoming by filing a Certificate of Authority. The form must be accompanied by a certificate of good standing and existence, dated no less than 60 days prior to filing LLC documents. The fee for out-of-state entities is $150.
Register an Out-of-State LLC in Wyoming Obtain a Certificate of Existence/Good Standing. ... Complete the Application for Certificate of Authority. ... Obtain your registered agent's consent and signature. ... File the application and wait for confirmation.
Initial Wyoming Corporation Filing Fee State FeeState Filing TimeExpedited Filing Time$1023 Weeks *1 Business DayState Fee$102State Filing Time3 Weeks *Expedited Filing Time1 Business Day
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.
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.
There is a $100 one-time state filing fee to form a Wyoming LLC. There are also ongoing fees (like a $60 Annual Report fee), which we discuss below.