Your Wyoming Company Formed By:
10:10:04 AM
Corporation
Wednesday
December 4th
Starting a Business in Wyoming
Form your Wyoming LLC or Wyoming corporation quickly and easily online with IncorporateFast.com. Our easy online ordering process takes the questions out of forming your new Wyoming business. We’ll even include website, email, and phone service at no additional upfront cost so you can get on the web and start fielding client calls in minutes.
Doing Business in Wyoming
Business Maintenance
All Wyoming Corporations and LLCs Must File:
- Articles of Incorporation
Form a Wyoming corporation or LLC by filing the Articles of Incorporation or Articles of Organization with the WY Secretary of State. It costs $104 to form a Wyoming corporation or Wyoming LLC.
- Beneficial Ownership Information Report
Nearly all businesses formed by filing with the state of Wyoming must file a federal Beneficial Ownership Information (BOI) Report with the Financial Crimes Enforcement Network (FinCEN) following business formation. You can file online through FinCEN at no cost. Or, take advantage of our professional BOI report filing service for just $25.
- Annual Report
Wyoming corporations and LLC’s must file annual reports with the Secretary of State. The annual report is due on the first day of the anniversary month of your initial filing. Wyoming corporations and LLCs pay $50 to file the annual report. The Wyoming Annual Report may be filed online.
Corporations Division
Wyoming Secretary of State’s Office
The Capitol Building, Room 110
200 West 24th Street
Cheyenne WY 82002
Wyoming Business Taxes
Individual Income Tax
Wyoming does not have individual income tax.
Corporate Income Tax
Wyoming does not have corporate income tax.
Wyoming Business License
Wyoming does not require a state business license. You do need to apply for the proper professional licenses and city/county licenses.
Benefits of a Wyoming Corporation or LLC
Why Wyoming?
In most cases, the state that you will do business in is the best place to file. However some out of state people may want to file in Wyoming because business laws in Wyoming are favorable or taxes in the state may be beneficial to the company. In most cases it is better to file in the same state but tax incentives and rules may make it more enticing to choose one state over another.
Wyoming LLC or Corporation?
This is a question that gets asked fairly often. Although they both provide the same liability protections, they are different. They are different in the day to day operation of the company and they way taxes are handled. It is best to discuss what may be better for you with a lawyer or accountant.