Wyoming Fee Agreement
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FAQ
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.
Wyoming requires LLCs to pay an annual fee of $60 for every $250,000 asset to the Secretary of State. Technically, this annual fee corresponds to annual license taxes. Like in the formation phase, you may also do it online for a fee of $2.
Wyoming State Business License Fee The main Wyoming business license you'll need is the Sales and Use Tax License which costs $60. It is a one-time fee, no renewals are needed.
An LLC taxed as a C-corp will pay the 21% federal corporate income tax, but because Wyoming does not have a state-level corporate income tax, you won't have to worry about added tax bills on corporate profits.
Annual LLC Fees Wyoming's LLC is required to pay an annual fee of $60 to the Secretary of State beginning the second year. There is again a $2 convenience fee for paying online. The annual report is technically calculated as the lesser of $60 or $60 for every $250k in assets in Wyoming.
Profit Corporations and Processing Cooperatives: *Annual Report License tax is $60 or two-tenths of one mill on the dollar ($. 0002) whichever is greater based on the company's assets located and employed in the state of Wyoming.
