How much does it cost to incorporate in Wyoming? Fees

Costs of company formation in Wyoming: LLC filing fees

Want to know what it costs to incorporate in Wyoming? Here you will find a detailed overview of the most important fees for registering with the Wyoming Secretary of State:

Basic filing fees for Wyoming LLCs and other business forms

• $100: Filing the Articles of Organization for an LLC
• $150: Certificate of Authority for Foreign Entities

Additional costs for company formation in Wyoming

• $25: Name reservation
• $60: Changes to the company information (amendment)
• $60 or 0.02% of the assets: Annual Report License Tax, whichever is higher

Special features and advantages in Wyoming

• No income tax at company level
• Strong privacy protection for entrepreneurs
• Business-friendly environment with little bureaucracy

Important note: Registered Agent Service

The incorporation costs mentioned do not include the fees for the legally required Registered Agent Service:

• Costs may vary depending on whether you act as a Registered Agent yourself (US address required) or use a professional service
• Annual fees may apply for professional services

Service fees for professional support

Additional service fees may apply when setting up through an agency or specialized service provider:

• Start-up agencies: Often offer complete services. Costs vary depending on the scope of services.
• Specialized service providers: Can charge additional fees for digital start-up services.

Other possible costs

• $100: Reinstatement of an LLC after failure to pay taxes
• $100: Restoration of an LLC due to missing registered agents

The LLC filing fee of $100 in Wyoming is moderate compared to some other states. However, the actual cost of incorporating in Wyoming may vary depending on your specific requirements and the incorporation route you choose.

Anonymous company formation

Wyoming offers the possibility of an anonymous company formationwhich may be of interest to many entrepreneurs:

• With this option, the name of the registered agent is used instead of the actual founder in official documents.
• This offers additional privacy protection for entrepreneurs.
• The costs for an anonymous incorporation are generally somewhat higher than for a standard incorporation and vary depending on the service provider.
• Digitalize Global offers this service at comparatively low prices.

Anonymous incorporation offers more privacy than regular incorporation, as anonymity is maintained even after reports and forms have been submitted to the authorities. The company is managed entirely under the name of an authorized representative, and only the provider of the anonymization service knows the identity of the actual shareholder.

How to plan your company formation in Wyoming carefully:

1. Take all official fees into account.
2. Calculate the costs for the Registered Agent Service.
3. Take the annual license tax into account in your financial planning.
4. Compare offers from different service providers for additional services.
5. Take advantage of Wyoming's business-friendly environment.

Costs of LLC Formation in Wyoming - Summary

The foundation of a LLC in Wyoming offers an attractive option for entrepreneurs. The one-time registration fee for incorporation is $100. Although there is an annual license tax, companies benefit from the lack of income tax at the corporate level and strong privacy protection.

Unlike some other states, Wyoming does not offer expedited service. The processing time for documents submitted online is usually immediate, while documents submitted by mail take about 3-5 business days.

Overall, the combination of moderate fees, favorable tax regulations and a business-friendly environment makes Wyoming an attractive choice for entrepreneurs looking to form an LLC in the US.

With this comprehensive cost overview, you can effectively plan your company formation in Wyoming and benefit from the state's favorable conditions.

States comparison, best states for LLC formation

Frequently Asked Questions (FAQ) about starting a business in Wyoming

1. how long does it take to form an LLC in Wyoming?

The processing time for documents submitted online is usually immediate. If submitted by post, the processing time is around 3-5 working days.

2. does Wyoming offer expedited service?

No, Wyoming does not offer an official expedited service. However, the regular processing time is relatively quick, especially for online submissions.

3. is a Registered Agent required in Wyoming?

Yes, all LLCs in Wyoming must have a Registered Agent. This can either be the business owner themselves (with a physical address in Wyoming) or a professional service.

4. what is the cost of the Annual Report License Tax in Wyoming?

The annual license tax is either $60 or 0.02% of the company's Wyoming assets, whichever is greater.

5. can I form an anonymous LLC in Wyoming?

Yes, Wyoming allows anonymous incorporation. The name of the registered agent is used instead of the actual founder in official documents. This offers additional privacy protection, but is usually associated with higher costs.

6 What advantages does Wyoming offer start-ups?

Wyoming offers several advantages, including no income tax at the corporate level, strong privacy protections for entrepreneurs and a business-friendly environment with little red tape.

7. how high are the costs for changes to the company information?

Changes to the company information (amendment) cost in Wyoming $60.

8. what happens if I forget to pay the annual license tax?

If you fail to pay the annual license tax, your LLC may be dissolved. Reinstatement of an LLC after failure to pay tax costs $100.

9. does Digitalize Global offer Wyoming company formation services?

Yes, Digitalize Global offers Wyoming company formation services, including the option to incorporate anonymously at comparatively low prices.

10. can I act as Registered Agent for my LLC myself?

Yes, you can act as a Registered Agent for your own LLC as long as you have a physical address in Wyoming. However, keep in mind that this limits anonymity and you must be available at this address during business hours.