How to Form an LLC
in Wyoming
$100 filing fee, $60/yr annual report, zero state income tax, strongest asset-protection statute in the US, and no member names on the public record. The honest 7-step guide — including when Wyoming is not the right answer.
Wyoming LLC at a Glance
Why Founders Choose Wyoming
Wyoming is the US non-resident formation destination after Delaware — and for most small businesses, holding companies, and asset-protection structures, it is the better choice. The state intentionally built the most business-friendly LLC statute in the country: no state income tax, no franchise tax, the cheapest active-LLC maintenance cost ($60/yr), full anonymity on the public record, and the strongest charging-order protection of any US jurisdiction. WyoBiz — the online filing portal — actually works: most filings are approved within 24 hours, same-day in many cases.
Zero state income tax, zero franchise tax
Wyoming does not tax individual income or corporate income at the state level. No franchise tax. No gross-receipts tax. The only ongoing state cost is the $60/year annual license tax (unless your Wyoming-situs assets exceed $300,000). That is less than a third of Delaware's $300 franchise tax and under 8% of California's $800 minimum.
True anonymity on the public record
Wyoming Articles of Organization do not require member or manager names. With a commercial organizer and commercial registered agent, zero owner information appears in the public SOS database. That is stronger than Delaware (where franchise-tax filings surface ownership in practice) and vastly stronger than California/NY. Caveat: federal BOI filing with FinCEN still applies — Wyoming anonymity shields you from casual search, not from subpoena.
Strongest asset-protection statute in the US
W.S. § 17-29-503 makes the charging order the exclusive creditor remedy against your LLC interest — personal creditors cannot foreclose your membership, cannot force distributions, cannot seize the company. And Wyoming applies this to single-member LLCs, which several other "asset-protection" states (including Delaware in some cases) do not. This is why Wyoming is the preferred domicile for holding companies and real-estate SPVs.
Fastest state filing in the US
WyoBiz online filings are typically approved within 24 hours — often same-day. That beats Delaware's 7–10 business days for standard processing and Texas's 3–5 days. No paper-mail waits, no "it's in the queue" purgatory.
When Wyoming is not the right answer
Most founders who think they want a Wyoming LLC actually need an LLC in their home state. If your business operates primarily in another state — employees there, storefront there, clients served from there — that state will require you to register your Wyoming LLC as a foreign LLC in addition to Wyoming. That means:
- Another filing fee (usually $100–$300)
- Another registered agent in the home state
- Another annual report
- The home state's income/franchise tax applies anyway (California's $800 minimum still hits even if you form in Wyoming)
Wyoming genuinely saves money for: (1) holding companies with no operations, (2) pure-IP and investment LLCs, (3) remote-only digital businesses with no physical nexus anywhere else, (4) asset-protection structures. Wyoming does not save money for local service businesses — those are better served by forming in the state where the business actually operates.
7 Steps to Form a Wyoming LLC
Choose your LLC name
Your Wyoming LLC name must be distinguishable from every other entity on record and must include "Limited Liability Company", "LLC", "L.L.C.", "Limited Company", or "LC". Search availability at the Wyoming Secretary of State business search.
Optional: Reserve a name for 120 days for a $60 filing fee while you finalize paperwork. Most founders skip this and file Articles of Organization directly, since Wyoming filings clear same-day.
Designate a Wyoming registered agent
Every Wyoming LLC must have a registered agent with a physical Wyoming street address — no P.O. boxes, no virtual mailboxes. The agent must be available during normal business hours to accept service of process and official correspondence.
If you do not live in Wyoming, you must use a commercial registered agent — this is the single hardest requirement for non-resident filers and the reason agent service is almost always bundled with Wyoming formation. Eleet AI's Wyoming registered agent service is included free in year one with formation, then $100/yr after.
File Articles of Organization with the Secretary of State
Articles of Organization is the document that creates your Wyoming LLC. Required information: LLC name, registered agent name + Wyoming street address, principal office address, organizer name + signature, and whether the LLC is member-managed or manager-managed. Notably absent: member and manager names — Wyoming does not require them on the public Articles.
File online through WyoBiz for the lower fee, or by mail to the Cheyenne Secretary of State office. The filing fee is $100 online ($102 by paper). Processing is typically same-day online.
Expedited option: Wyoming's standard online processing is already 24-hour (often same-day), so expedited processing at $50 is rarely necessary. Eleet AI's $100 expedited add-on covers priority review if you have a hard deadline or need certified copies quickly.
Sign a Consent to Appointment of Registered Agent
Unlike most states, Wyoming requires the registered agent to sign a Consent to Appointment document acknowledging the appointment. This is a Wyoming-specific quirk — the form is short but is mandatory, and filings without it are rejected.
Commercial registered-agent services handle the consent form automatically as part of their onboarding. DIY filers who appoint themselves (only possible if you have a Wyoming street address) must sign and submit the consent with the Articles of Organization. Eleet AI handles this automatically.
Create an operating agreement
Wyoming does not legally require a written operating agreement (W.S. § 17-29-110 permits oral, implied, or written), but you should have a written one. Wyoming's LLC statute is one of the most flexible in the country — which means the default rules may not match what you actually want. For single-member LLCs, a written operating agreement also strengthens the charging-order protection in litigation: courts are more likely to respect the member-creditor separation when there is documentation demonstrating the LLC is a real, separately-run business.
Eleet AI offers a Wyoming-specific operating agreement template for $99 that includes Wyoming-statute-specific provisions on charging-order protection, member withdrawal, capital contributions, and distribution rights.
Get an EIN from the IRS
An Employer Identification Number (EIN) is your LLC's federal tax ID. You need it to open a business bank account, hire employees, file federal taxes, and complete FinCEN BOI reporting. Apply for free at IRS.gov — it takes about 5 minutes and you receive your EIN immediately.
Non-resident note: If you do not have a US Social Security Number or ITIN, the IRS online EIN application is not available — you must apply by fax or mail using Form SS-4 with a "Responsible Party" designation. Processing takes 4–5 weeks. Eleet AI's $49 EIN add-on covers the non-SSN pathway.
File FinCEN BOI report + set annual report reminder
FinCEN BOI (federal, mandatory): Under the Corporate Transparency Act, within 30 days of LLC formation you must file a Beneficial Ownership Information report with the US Treasury's Financial Crimes Enforcement Network (FinCEN). This is a federal requirement, not a Wyoming requirement, and it applies regardless of state of formation. Filing is free at FinCEN.gov/boi. Note: Wyoming anonymity only applies to the public SOS record — the FinCEN BOI registry (which is non-public and restricted to law enforcement / financial institutions) still collects ownership information.
Wyoming Annual Report: Due by the first day of your LLC's anniversary month every year, $60 minimum license tax. Missing the deadline by four months triggers administrative dissolution. Eleet AI sends compliance reminders 60/30/7 days before your anniversary-month deadline.
No state-level Wyoming business license is required. Check whether your specific industry (liquor, food service, professional services) needs an industry license from the relevant Wyoming state board.
Wyoming LLC Cost Breakdown
What you'll actually pay — no surprise fees, no hidden add-ons.
| Item | DIY Cost | Eleet AI |
|---|---|---|
| Secretary of State filing fee | $100 online / $102 paper | Included |
| Articles of Organization prep | $0 (you draft) | Included |
| Consent to Appointment form | $0 (separate form) | Included |
| Registered agent (first year, required for non-residents) | $50–$299 | Included |
| Expedited processing (optional) | $50 | $100 add-on |
| EIN application | Free (IRS.gov) | $49 optional |
| Annual report license tax (recurring) | $60/yr | $60/yr (state) |
| FinCEN BOI filing (federal, one-time) | Free (FinCEN.gov) | Customer files |
| Total first-year formation | $150–$449+ | $299 |
Eleet AI's $299 is a one-time formation cost. The $60/yr annual report is owed directly to Wyoming starting one year after formation. FinCEN BOI is a free federal filing the customer completes within 30 days of formation.
Wyoming LLC — Common Questions
How much does it cost to form a Wyoming LLC?
Wyoming charges a $100 filing fee for Articles of Organization filed online through WyoBiz ($102 by mail). That is the only mandatory state cost to form your LLC. Optional extras: name reservation ($60 for 120 days), expedited processing ($50), and certified copies ($20 each). Wyoming has no publication requirement. Eleet AI charges $299 all-inclusive — that covers the $100 state fee, Articles of Organization preparation, filing with the Wyoming Secretary of State, and first-year Wyoming registered agent service. National services commonly advertise Wyoming packages at $0–$149 for "formation" but add the $100 state fee, a mandatory registered agent ($125–$299/yr — required because you cannot be your own unless you have a Wyoming street address), mail forwarding, and various upsells, so the realistic first-year total is typically $325–$700.
What is the Wyoming LLC annual report fee?
Every Wyoming LLC must file an annual report by the first day of its anniversary month (the month the LLC was originally formed), paying a $60 minimum license tax. The fee scales upward only if your LLC owns more than $300,000 of assets located in Wyoming — above that threshold, the license tax is $0.0002 per dollar of Wyoming-situs assets ($60 minimum). Most non-resident Wyoming LLCs (holding companies, digital businesses, out-of-state operators) pay the flat $60. Missing the filing by the first day of the fourth month after the due date triggers administrative dissolution of your LLC. Reinstatement costs $100 plus all back-owed annual reports. Wyoming's $60/yr is the cheapest active-LLC maintenance cost in the United States — compare to California ($800 minimum franchise tax), Delaware ($300 franchise tax), or Massachusetts ($500 annual report).
Is a Wyoming LLC really anonymous?
Yes — Wyoming Articles of Organization do not require member or manager names to be disclosed on the public record. The filing lists only the organizer (whoever files the paperwork), the registered agent, and the principal office. When you use a commercial registered agent and a commercial organizer service, zero owner information appears in the Wyoming Secretary of State database. That is meaningfully stronger than Delaware (which technically does not require members either, but the Court of Chancery and franchise-tax processes surface ownership in other filings), and vastly stronger than California or New York (where ownership appears on Statement of Information / Biennial Statement filings). Two important caveats: (1) federal law — the Corporate Transparency Act requires beneficial ownership disclosure to FinCEN regardless of state, though that registry is non-public and restricted to law enforcement and financial institutions; (2) your LLC is not bulletproof — banks, IRS (EIN application), courts (litigation discovery), and the federal BOI registry still see ownership. Wyoming anonymity shields you from casual public searches and non-litigation creditors, not from subpoenas.
How long does it take to form a Wyoming LLC?
Standard online processing through WyoBiz is effectively immediate — most Wyoming LLC filings are approved within 24 hours, and certificates are delivered by email the same day. That is among the fastest turnarounds of any US state. Paper filings mailed to the Cheyenne Secretary of State office take 3–5 business days once received. Expedited processing is offered at $50 for 24-hour turnaround, but is rarely needed given that standard online processing is already same-day most of the time. Eleet AI's standard Wyoming filing uses normal online processing; add the $100 expedited add-on only if you specifically need a certified copy or priority manual review.
Do I need a Wyoming registered agent?
Yes — and unlike Georgia or Texas, Wyoming registered-agent law is strictly enforced. Every Wyoming LLC must designate a registered agent with a physical Wyoming street address (no P.O. boxes), available during normal business hours to accept service of process. You can serve as your own registered agent only if you personally have a Wyoming street address — if you do not live in Wyoming, you MUST use a commercial agent. The registered agent is the single hardest-to-replicate requirement for non-resident Wyoming LLC formation, which is why registered agent service is almost always bundled. Eleet AI provides a Wyoming registered agent service that includes the first year with every Wyoming LLC formation, then $100/yr after.
What is the Wyoming charging-order protection?
Wyoming Statute § 17-29-503 makes the "charging order" the exclusive remedy for a creditor seeking to collect against a member's LLC interest — meaning a personal-judgment creditor cannot foreclose on your LLC interest, seize your membership, or force distributions. They can only intercept distributions if and when the LLC actually makes them. This is the strongest asset-protection statute in the United States, and it applies equally to single-member LLCs (unlike some states, where single-member LLCs lose charging-order protection because there is no "other member" to protect). Combined with Wyoming's anonymity on the public filing and no state income tax, this is why Wyoming is the preferred domicile for holding companies, real-estate SPVs, and high-net-worth asset-protection structures. Caveat: you still must respect corporate formalities — commingling funds, failing to keep separate books, or using the LLC for fraud can pierce the veil regardless of state.
Do I need an operating agreement for a Wyoming LLC?
Wyoming does not legally require a written operating agreement — W.S. § 17-29-110 allows oral, implied, and written agreements — but you absolutely should have a written one. Wyoming's default LLC statute is one of the most flexible in the country, which is a double-edged sword: without a written agreement, courts will apply the default rules, and those defaults may not match how you actually want the LLC to operate. For single-member LLCs, a written operating agreement is particularly important because it strengthens the liability shield and the charging-order protection — courts and creditors are more likely to respect the separation when there is documentation demonstrating the LLC is a real business entity. Eleet AI offers a Wyoming-specific operating agreement template for $99 that includes Wyoming-statute-specific language on charging-order protection, member withdrawal, and distribution rights.
Can I form a Wyoming LLC if I don't live in Wyoming?
Yes — and in fact, most Wyoming LLCs are formed by non-residents. Wyoming actively courts non-resident filers with no state income tax, no franchise tax, and no annual gross-receipts tax. The only Wyoming-resident requirement is the registered agent, which commercial services like Eleet AI satisfy. HOWEVER — and this is the trap that catches most founders — if you operate your business primarily in another state (employees there, storefront there, clients there, services delivered from there), that state will almost certainly require you to register your Wyoming LLC as a "foreign LLC" doing business there. That means another filing fee, another registered agent in the home state, another annual report, and in some states (like California), you will also owe that state's minimum franchise tax ($800/yr in California) on top of Wyoming's $60. Wyoming only saves you money if your business genuinely does not have operations in a higher-tax state. Holding companies, pure-IP LLCs, and remote-only digital businesses generally pass this test; local service businesses generally do not.
What is a Wyoming DAO LLC?
In 2021, Wyoming became the first US state to recognize "Decentralized Autonomous Organization" LLCs — a new statutory entity type defined in W.S. § 17-31-101 et seq. A DAO LLC is a regular Wyoming LLC that elects to be governed by smart contracts running on a blockchain rather than by human members voting. The Articles of Organization must include a public blockchain address where the governing smart contract lives, and the name must end with "DAO LLC" or "LAO" (limited autonomous organization). DAO LLCs are niche — they are useful for on-chain governance structures, protocol treasuries, and tokenized ownership — but they carry real legal complexity and are NOT a substitute for a normal Wyoming LLC for most founders. If you are building a standard business, form a regular Wyoming LLC and add smart-contract operational layers on top. Eleet AI currently offers standard Wyoming LLC formation; DAO LLC formation is a specialized service we are evaluating for launch.
What taxes does a Wyoming LLC pay?
A Wyoming LLC is a pass-through entity by default for federal taxes, meaning the LLC itself does not pay federal income tax — profits flow to the members' personal returns. At the state level, Wyoming has NO individual income tax and NO corporate income tax, so profits from a Wyoming LLC face zero state-level income tax regardless of tax classification. Wyoming also has no state franchise tax, no gross-receipts tax, and no state-level business-and-occupation tax. What Wyoming DOES have: a 4% state sales tax (counties can add up to 2% local option) if you sell taxable goods or services, and the $60/yr annual license tax on the LLC itself. Property tax applies if the LLC owns Wyoming real estate. For non-resident Wyoming LLC owners: the state where you personally live still taxes your share of the LLC profits at that state's rate — Wyoming domicile does not exempt you from your home state's income tax on your pass-through earnings. True zero-tax-state benefit accrues only when both the LLC and the owners are Wyoming-based.
Ready to start your Wyoming LLC?
$299 covers everything — $100 state fee, Articles of Organization prep, Consent to Appointment, and first-year Wyoming registered agent service. Same-day online filing.
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