Start Your Wyoming LLC

Quick facts about forming a Wyoming LLC

Item	Details
State filing fee	$100
Processing fee	$3.75
Processing Time	Immediate when filed online; up to 15 business days by mail. Expedited processing is available.
Annual Report Fee	$60 minimum license tax (more if your LLC has over $300,000 in Wyoming assets)
Registered Agent Required	Yes, must have a physical Wyoming address
State Franchise Tax	None for LLCs
Business License	No statewide license, but some industries require state or local licensing
Managing Authority	Wyoming Secretary of State, Business Division

How to start an LLC in Wyoming in 6 steps

Wyoming offers one of the most business-friendly environments in the U.S., with no state income tax, low annual fees, and strong privacy protections. These make it a popular choice for business owners across the country. Whether you’re based in Wyoming or forming your business remotely, starting a Wyoming LLC is fast, affordable, and legally sound.

Tailor Brands helps you set up your LLC the easy way, guiding you through every step so you can launch your business quickly and stay compliant without the stress.

Forming an LLC in Wyoming is simple and can be done entirely online. Here’s how to do it:

1. Name your Wyoming LLC
2. Choose your registered agent
3. File articles of organization
4. Create an operating agreement 
5. Get an EIN
6. Apply for licenses or permits 

Below, you’ll find a detailed explanation and a helpful video to walk you through each step.

Step 1: Choose a name

Your LLC name must be distinguishable from other entities registered in Wyoming and must include one of the following: “Limited Liability Company,” “LLC,” or “L.L.C.”

You can check name availability by conducting a Wyoming business search using the Secretary of State’s online business name database. Note that if your name is available, you don’t need to reserve it. You can claim it when you file your formation documents. If you’re not ready to file, you can reserve a name for 120 days for $60.

If you want to operate under a different name, you can register a trade name (also called a DBA) for $100.

Step 2: Choose a registered agent

It is mandatory to have a Wyoming LLC registered agent with a physical address in the state. This individual or company will be responsible for receiving legal documents and state notices on behalf of your business. Your registered agent can be a Wyoming resident or a business registered with the Secretary of State. P.O. boxes, mail-forwarding and virtual addresses aren’t allowed.

You can be your own registered agent if you have a Wyoming address, but some business owners choose a professional registered agent service, especially if forming an LLC from out of state. Registered agent services typically cost $50–$300 per year. We offer this as part of our services as well when you form your LLC with us: Tailor Brands’ registered agent service is $199 per year.

Step 3: File articles of organization

To officially create your Wyoming LLC, you must file Articles of Organization with the Secretary of State. This document includes basic details like your LLC’s name, principal office and mailing addresses, and registered agent.

The form can be filed online or by mail. The state filing fee is $100, plus a $3.75 processing fee ($103.75 total).

Step 4: Create an operating agreement

The state doesn’t require a written Wyoming LLC operating agreement. State law lets an operating agreement be oral, implied or written, but a written one is highly recommended. This internal document outlines how your business will be managed, how profits and responsibilities are divided, and how decisions will be made among members.

If your LLC has more than one member, an operating agreement helps prevent disputes and strengthens your liability protection.

We offer a customizable Wyoming operating agreement with your LLC formation to make this step simple.

Step 5: Get an EIN

An EIN is a federal tax ID issued by the IRS. You’ll need one to open a business bank account, file taxes, or hire employees. Single-member LLCs with no employees may not need one right away, but it’s often helpful to have.

You can apply for free through the IRS website, or obtain an EIN with Tailor Brands during the formation process.

Step 6. Check if you need to apply for licenses or permits

Wyoming does not have a general statewide business license requirement. However, depending on your industry and location, you may need local or professional licenses.

If your LLC will operate in a regulated field (like construction, food service, or child care), or within a specific municipality, check with the relevant city or county authorities for licensing requirements.

Our guide to Wyoming license costs can help you budget.

Costs and Compliance Requirements for LLCs in Wyoming

Here’s a breakdown of the typical costs and ongoing compliance requirements for Wyoming LLCs (review Wyoming LLC cost breakdown here):

Item	Cost	Frequency
Articles of Organization (state filing fee)	$100	One-time
Processing fee	$3.75	One-time
Registered Agent (if using a service)	$50–$300 per year	Annual (if applicable)
Annual Report Fee	$60 minimum (based on assets)	Annual
EIN	Free from the IRS	One-time
Business Licenses/Permits	Varies by city/industry	Varies

Annual report: Wyoming LLCs must file an Annual Report with the Secretary of State each year. The Wyoming LLC annual report is due on the first day of the anniversary month of your LLC’s formation (for example, if you formed on July 15, it’s due every July 1).

The fee starts at $60 and increases if your LLC owns significant assets located in Wyoming. You can file it online or by mail (online filing isn’t allowed if your license tax is over $500), and it’s required to keep your LLC in good standing. You can look up any Wyoming LLC’s status online.

If you later close the business, you’ll file Articles of Dissolution ($60).

No state income tax: Wyoming does not impose a state income tax on individuals or LLCs. This makes it one of the most tax-friendly states for business owners.

Looking for funding once you’re set up? See our guide to Wyoming small business grants.

Wyoming LLC vs. Delaware LLC: Which one is best for you?

If you’re considering forming an LLC in Wyoming, you might be wondering how it compares to other popular business-friendly states, especially Delaware. While Wyoming is often praised for its low costs, strong privacy protections, and simple filing process, Delaware has built a reputation as the go-to state for startups and larger businesses seeking outside investment. To help you make the best choice for your business on whether you’d prefer to form your LLC in Delaware, we’ve put together a detailed comparison of Wyoming LLCs versus Delaware LLCs, covering costs, privacy, taxes, legal benefits, and more.

Feature	Wyoming LLC	Delaware LLC
Filing fee	$100	$110
Annual fees	$60 (Annual Report Fee)	$300 annual tax ($400 starting with the 2026 tax year, due June 1, 2027)
Privacy	Strong privacy; no need to disclose owners publicly	Good privacy; members aren’t listed in the Certificate of Formation
State Income Tax	None	LLCs pass income through; members may owe Delaware income tax
Franchise Tax	No franchise tax	$300 annual tax ($400 starting with the 2026 tax year, due June 1, 2027)
Business court system	No special court system	Court of Chancery (renowned for business disputes)
Legal precedent	Limited corporate case law	Extensive, predictable business law environment
Ease of formation	Very easy; minimal paperwork and simple requirements	Easy, but slightly more steps than Wyoming
Flexibility in structure	High; LLCs can be member-managed or manager-managed, and an operating agreement can be oral or written	Very flexible; Delaware law allows complex business structures
Speed of processing	Immediate when filed online	Fast, but may take slightly longer depending on volume
Ideal for	Entrepreneurs, small business owners, asset protection strategies	Startups, tech companies, businesses seeking outside investors
Foreign qualification required?	Yes, if doing business outside Wyoming	Yes, if doing business outside Delaware
Is there a requirement for Registered Agent	Yes	Yes

To sum it up:

• Privacy seekers tend to favor Wyoming for its stronger anonymity protections.
• Companies planning to raise money often lean toward Delaware because investors and VCs prefer the familiarity of Delaware law.
• Solo entrepreneurs and small businesses typically find Wyoming cheaper and easier unless there’s a compelling reason to choose Delaware.

Ultimately, the best state for your LLC depends on your long-term plans. If you’re building a lean, private business with low overhead, Wyoming’s affordability and simplicity are hard to beat. However, if you’re targeting venture capital, national expansion, or complex equity structures, Delaware’s trusted legal system can give you an edge with investors. Consider where you plan to operate, how you plan to grow, and what legal protections you’ll need before making your final decision.

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