General Costs
The cost to start an LLC in Wyoming is $102 if filing online or $100 if filing by mail.
- Online Filing Fee: $102
- Mail Filing Fee: $100
- Name Reservation: $50 (for one year)
Wyoming offers a very favorable cost structure for entrepreneurs seeking budget-friendly business options. The state does not require a business license immediately upon formation, and no state income tax is levied on LLCs.
If you choose to form your business there, you may not pay state income tax at all.
Additional Costs After Formation
After establishing a Wyoming LLC, you may need to pay additional costs for various business activities:
- Reserve a business name
- Obtain a basic business license
- Certificate of occupancy
- LLC’s biennial report filing
A Certificate of Good Standing confirms an LLC is legally registered and compliant with state requirements. LLC ownership can transfer upon an owner’s departure.
Minimizing Costs
You can minimize the cost of forming a Wyoming LLC by choosing a registered agent that offers discounts and by filing the Articles of Organization electronically. Using a Wyoming LLC formation service can also simplify the process, though fees range from $50 to $500.
- Annual LLC Report Fee: $60
Some businesses may require additional licenses, permits, or insurance in Wyoming. The initial Articles of Organization filing fee is mandatory but is a one-time cost, with the next officer filing fee due 12 months after formation.