Fact Checked by Editorial Staff 
Starting a limited liability company in Wyoming involves a set of costs. In general, the cost of forming an LLC anywhere is much lower than the cost of establishing a corporation or other business structures. To start an LLC in Wyoming, you pay $100 (an additional $4 for online filing) as a filing fee. There are other types of fees, like annual reports, licenses, permits, and state taxes (if applicable).
In this article, the LLCBuddy team has summed up the overall projected LLC cost in Wyoming. From initial filing fee to maintenance cost, and to annual taxes, you will get it covered here!
Cost of LLC Filing in Wyoming
The cost to start an LLC anywhere in the US includes many things. Apart from the initial filing fee, it involves license and permit fees, tax filing, sales taxes, other local and state government fees, etc.
Cost of Filing Formation Certificates
The main cost associated with an LLC is the filing fee paid to the state. The fee is different based on which state you’re in. In Wyoming, the filing fee is $100. Once you file the Wyoming Certificate of Formation, you must pay the fees to the Wyoming Secretary of State at the time of form submission. Apart from the filing fee, some other fees and costs are mentioned below,
Wyoming Domestic LLC
- Online filing fee costs $104
- Annual Report filing costs $60
- License Tax filing costs $60 or two-tenths of one mill on the dollar ($)
- Name Reservation fee costs $60
- By mail: $100
Fill out the Application Form PDF, and submit it to the following address: Wyoming Secretary of State, Herschler Building East, Suite 101, 122 W 25th Street, Cheyenne, WY 82002-0020. costs $100
Wyoming Foreign LLC
- Filing fee $150
- Annual License tax filing fee costs $50+ up to $500
- Name Reservation fee costs $60
By mail: Fill out the Application Form PDF, and submit it to the following address: Wyoming Secretary of State, Herschler Building East, Suite 101, 122 W 25th Street, Cheyenne, WY 82002-0020.
Note that filing online is ideal, not only because you need to go to the Secretary of State’s office, but also because it would be faster. You won’t have to wait in a queue to do so.
Wyoming LLC Registered Agent Fee
Hiring a registered agent in Wyoming is necessary while forming an LLC. LLC formation cost includes the cost of hiring a registered agent. You can be your own registered agent; however, that is not recommended, as a registered agent has to be present at the official physical address during working hours. Here are the best LLC services in Wyoming that offer registered agent services as well.
LLC Service | Our Rating & Pricing | Top Features | Learn More |
#1 TOP PICK  | $0 + State Fees |
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Business Permits and Licenses
The business licenses depend on your business’s activity and location and are renewed yearly. As such, the cost will vary. Check the Wyoming Department of Revenue for regulatory boards or agencies requiring licensing.
Wyoming LLC Taxes to be Paid
The State of Wyoming is one of the rarest States in the United States that does not levy any personal income tax on businesses. However, the business LLCs are obligated to file other taxes with the State authorities.
Wyoming Sales Tax: Wyoming charges sales tax at the rate of 4%. The rate may get higher up to 6% due to additional local county tax charged on the sales activities of the business.
Wyoming State Income Tax: No State Income Tax is imposed on the earnings in Wyoming.
Wyoming LLC Federal Self-Employment Tax: Any profit that Wyoming LLC Business members draw out from the business is liable to pay self-employment tax. The standard tax rate is 15.3%.
Wyoming LLC Employer Payroll Tax Withholding: If you hire employees in Wyoming, you must withhold payroll tax from their salaries. The standard rate of withholding is 7.65% of the taxable salary of the employees.
Wyoming Property Tax: The property tax is fixed at 11.5% of industrial property and 9.5% for commercial and residential, agricultural, and all other property.
Cost Comparison Among States
Every state has different costs of filing for an LLC with its respective State Authorities. If you wish to gain a better understanding of the costs of opening an LLC in a different state in comparison to Wyoming, read the table below:
| State | Filing Fee | Annual Fee/Biennial Fee | Sales Tax |
| Wyoming LLC | $104 (Online)$100 (mail) | $60 | 4.00% |
| Montana LLC | $70 | $20 (Annual) | 0% |
| South Dakota LLC | $150 | $50 (Annual) | 4.50% |
| Colorado LLC | $100 | $0 | 2.90% |
| Idaho LLC | $50 | $10 (Annual) | 6.00% |
The major contributing industries to Wyoming’s economy are mineral extraction, mining, tourism, and agriculture. With no income tax, Wyoming has among the lowest property taxes and sales taxes in the United States.
Other Costs
- Wyoming Name Reservation: $60 for filing by mail
- Doing Business As (DBA): $100 if filing by mail
- Certified Document Copies: $5.50 for up to five (5) pages + $0.50 per additional page.
- Certified of Good Standing: $15
- Business Domain Name and Website: depend on your preference, but the domain name could be as low as $2.99/yr at NameCheap, and web hosting is at least $30/mo at Kinsta.
- Online workspace: at least $4.20/mo for GSuite.
- Business Insurance: would vary depending on insurance type–whether general liability insurance or professional liability insurance–and coverage.
- Dissolution of Wyoming LLC: $60
F.A.Qs
It is possible to form an LLC without professional help, but forms still have associated costs, regardless of where your LLC is formed.
It is difficult to say whether forming an LLC is expensive. Nevertheless, the cost could be anywhere from $40 to $500. If you refuse to hire professionals, you’ll still have expenses like form fees to cover.
The need to separate personal money from business funds necessitates the creation of a business bank account for your LLC.
In Conclusion
The cost of Wyoming is much lower compared to other forms of business. Apart from the state filing fees and annual taxes, you might bear the cost of the registered agent. Compare the prices of professional LLC services and choose the most affordable one. Hiring professionals, like LegalZoom, which offers LLC formation at $0, can be profitable, as there will be no additional cost to form an LLC.