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Once your corporation has been approved, you will receive confirmation from the State of Wyoming and a certificate of formation.
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.
All Wyoming corporations, nonprofits, LLCs, and LPs need to file a Wyoming Annual Report each year.
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.
Most Wyoming annual reports cost $60 to file, with a $2 convenience fee if done online for a total of $62. Additional fees are due if there is more than $250,000 in assets in Wyoming. Most states require an annual fee and or report for limited liability companies.
Starting an LLC in Wyoming. ... Decide on a name for your business. ... Assign a registered agent for service of process. ... Get an Employer Identification Number (EIN) from the IRS. ... Create an operating agreement. ... Pay the license tax. ... Familiarize yourself with the LLC's continuing legal obligations, specifically annual reports.
Ways to Prove LLC Ownership LLC Operating Agreement. ... Initial Resolutions. ... EIN Confirmation Letter. ... LLC Articles of Organization (In some states!)
Form a Wyoming Corporation: Name Your Corporation. Designate a Registered Agent. Submit Articles of Incorporation. Get an EIN. Write Corporate Bylaws. Hold an Organizational Meeting. Open a Corporate Bank Account. File State Reports & Taxes.