State guides · Wyoming
Form an LLC in Wyoming.
Wyoming is one of the states non-resident entrepreneurs choose most: moderate formation fees, an inexpensive annual report and simple procedures.
Key figures
| Formation fee (state) | $100 |
| Annual requirement | Annual Report filed with the Secretary of State, with a license tax based on assets located in the state, minimum $60. |
| Processing time | Online filings are usually processed within a few business days. |
| First year with ClicGlow Starter | $397 ($297 + state fees) |
Strengths
- $100 formation fee and an annual report from $60
- No state income tax
- Simple online procedures
- Good privacy protection for members
Things to watch
- The annual report is due every year on the first day of the formation anniversary month
- If you physically operate in another state, that state may require an additional registration
- Less familiar than Delaware to some investors
FAQ: Wyoming
Is Wyoming a good fit for an online business?
It is a common choice for online businesses and remote services, thanks to its low annual costs. Still check that no other state requires you to register.
Do I need an address in Wyoming?
Yes, the registered agent's address. It is included in the Business and Complete plans for the first year.
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