Wyoming LLC compliance package

Wyoming LLCs are subject to specific compliance requirements. Annually, an LLC must file an annual report and pay a license tax, due on the first day of its anniversary month.

The license tax is typically $60 for LLCs with $300,000 or less in Wyoming assets, with a percentage-based fee for those exceeding this threshold. Maintaining a registered agent with a physical Wyoming address is a continuous obligation, and failure to do so can lead to severe consequences like default judgments or administrative dissolution.

For formation, Articles of Organization are filed with the Secretary of State, and while not legally mandated, an operating agreement is highly recommended. Obtaining an EIN and maintaining corporate records are also crucial for liability protection.

Wyoming is notable for its lack of state personal or corporate income tax, though sales/use tax and other excise taxes may apply depending on business activities. The state also offers strong owner privacy, as member/manager names are generally not required on public formation filings.

A significant recent change in federal Beneficial Ownership Information (BOI) reporting, effective March 26, 2025, exempts all domestic U.S. entities and their beneficial owners from FinCEN reporting. Non-compliance with state regulations can result in loss of good standing, administrative dissolution, and monetary penalties.

A typical compliance package for a Wyoming LLC often includes registered agent services, annual report filing, compliance calendars, and secure document storage, with optional add-ons like EIN assistance or operating agreement drafting.

Wyoming LLCs are subject to specific compliance requirements. Annually, an LLC must file an annual report and pay a license tax, due on the first day of its anniversary month.

The license tax is typically $60 for LLCs with $300,000 or less in Wyoming assets, with a percentage-based fee for those exceeding this threshold. Maintaining a registered agent with a physical Wyoming address is a continuous obligation, and failure to do so can lead to severe consequences like default judgments or administrative dissolution.

For formation, Articles of Organization are filed with the Secretary of State, and while not legally mandated, an operating agreement is highly recommended. Obtaining an EIN and maintaining corporate records are also crucial for liability protection.

Wyoming is notable for its lack of state personal or corporate income tax, though sales/use tax and other excise taxes may apply depending on business activities. The state also offers strong owner privacy, as member/manager names are generally not required on public formation filings.

A significant recent change in federal Beneficial Ownership Information (BOI) reporting, effective March 26, 2025, exempts all domestic U.S. entities and their beneficial owners from FinCEN reporting. Non-compliance with state regulations can result in loss of good standing, administrative dissolution, and monetary penalties.

A typical compliance package for a Wyoming LLC often includes registered agent services, annual report filing, compliance calendars, and secure document storage, with optional add-ons like EIN assistance or operating agreement drafting.