Wyoming Registered Agent: If you wish to start a Wyoming LLC, you have to appoint a registered agent. According to Wyoming State Law, it is mandatory to have a Wyoming Registered Agent if you are conducting business in the state. A registered agent receives all the official and legal documents from the State. They also receive the service of process if there’s any lawsuit in concern.
In the following guide, we have shared all the required information regarding hiring a registered agent, why you need a registered agent in Wyoming, and who can be a registered agent for your LLC. Read this guide carefully before you hire a Wyoming Registered Agent.
On this page, you’ll learn about the following:
What is a Wyoming Registered Agent
A registered agent (or a statutory agent or a resident agent) in Wyoming is an individual or a business that represents your business in receiving official documents. These official papers include formation documents, business renewal documents, tax filing, and any legal document if the LLC gets sued by other companies. All these documents go straight to the registered agent’s official address in the state. While forming an LLC, it is mandatory to appoint a registered agent.
When you file the Wyoming LLC formation papers with the Secretary of State, LLCs have to mention their registered agent’s name and address. When you choose a registered agent in Wyoming, you can go for two options, hiring an in-house registered agent or outsourcing the service.
Hiring a Registered Agent in Wyoming
You may have several options for hiring a registered agent in Wyoming. To become a registered agent, one has to meet the basic eligibility criteria. If the minimum requirements are fulfilled, anyone residing in Wyoming can represent your LLC as your registered agent.
Who Can Be a Registered Agent
- The person must be above 18 years old.
- The person must have a legal and physical address in the state where the LLC will operate.
- The person must be physically present during normal working hours.
- Anyone who fulfills the above requirements can act as a registered agent.
- Recommended – You should use a professional registered agent in Wyoming always.
Can I Be My Own Registered Agent
Yes, you can be your own registered agent. In fact, any member of the LLC, managers, and the owner can be a registered agent. Besides, someone from the owners’ family, such as a spouse, relatives, or other family members, can also act as a registered agent. As mentioned above, anyone who is representing the business as an agent should fulfill the basic criteria.
Why You Shouldn’t Be Your Own Registered Agent
Many small businesses do not hire a registered agent to save a chunk of money. However, it is not recommended to be your own registered agent. There are a bunch of problems one has to face while being a registered agent of his own LLC. Following are some of the issues you face,
- If you are operating your business from home or you are into web business, then your home address will be shared on the public portal. This address will be used for mailing and other official purposes. This will hamper your privacy.
- A registered agent has to be physically available at the official address during working hours on working days for 52 weeks. Being your own registered agent might restrict your other work due to this.
- The registered agent’s address must be up to date in the Secretary of State portal.
It is recommended to outsource the registered agent service to ease your work. As it protects your privacy, especially if you conduct your business from home. It is always wise to outsource the RA service than be your own registered agent.
Recommended: You can get the best registered agent service at a reasonable price with online LLC service providers. We recommend using –
LegalZoom – $299 Per Year
How to Choose a Registered Agent in Wyoming
You can choose a Wyoming Registered Agent in two ways, either you can employ an in-house RA or outsource the service. Another option is to be your own registered agent. However, it is recommended to outsource the service as it is less worrisome and hassle-free.
In-house Registered Agent
As far as the in-house registered agent is concerned, it can be anyone from the LLC, including you, or you can employ an individual for this position. In that case, your office or home address will be the Registered Agent’s office address. Every LLC has to share its principal office address, mailing address, and registered agent’s office address to the state public portal. Hiring a registered agent service will make it easier as you can use the RA’s address as a mailing address.
Outsourcing Registered Agent Service
You may also avail yourself of professional registered agent services. Doing so ensures that you will have the best service provider to represent your business. Following are the best Registered Agent services on our list that will provide you with registered agents to ease your worries.
Note that availing of the services of professional registered agents would be your best option since you are guaranteed that whoever is handling your legal affairs knows their stuff well. If you are forming your LLC from scratch, then with Northwest Registered Agent, you will get the full formation package, including 1-year FREE registered agent service.
What to Consider While Choosing a Wyoming Registered Agent
Here are some factors to consider when choosing a registered agent.
- Service Fee: Since most states require formal businesses to have registered agents, selecting the best-registered agent is critical. Hiring a registered agent typically costs between $99 and $300 annually. When you consider how much time it will save you, this is a small price to pay.
- Tenure in Business of Registered Agent: You want the registered agent to have established and time-tested procedures for handling documents. We recommend Registered Agent Services that have been in business for a long time. They are experienced and well capable of handling all your documentation.
- State Jurisdiction Limitation: If your company expands to another state, you should use the same registered agent in all states to reduce the administrative burden of dealing with multiple registered agent service providers. Check out the best Registered Agent Services to consider for this job.
- Offer Monitoring and Follow-up Services: You want to receive up-to-date information and alerts from your registered agent as soon as possible so that you are aware of the various statutes, rules, and regulations that apply to your company. Some of the service providers offer this service. Make sure to choose an RA service that includes this service.
How to Appoint a Registered Agent in Wyoming
At the time of submitting the Wyoming Articles of Organization, the registered agent can be appointed by the LLC. It can be done online or by mail. No additional fee is charged for appointing a Registered Agent. Only the state filing fee should be paid.
Appoint Registered Agent Online
To appoint a registered agent online, you have to go to the Wyoming LLC Online Filing page and provide the information of your Registered Agent accordingly.
Appoint Registered Agent By Mail
To appoint a registered agent in Wyoming by mail, you need to download the Wyoming LLC filing form (PDF). Fill up the “Registered Agent” section with appropriate details of the agent and submit it to the SOS office. For more information, read on Wyoming Articles of Organization.
Cost of a Wyoming Registered Agent
The cost of having a registered agent can be variable. It depends on whether you are employing an in-house registered agent, being your own agent, or outsourcing the service. The cost of having a registered agent can start from $99 and go up to $300 per year. It will be cost-effective if you outsource the registered agent service in Wyoming.
Registered Agent services that also provide LLC formation packages can provide the same service at a lower price. For example, LegalZoom Registered Agent offers standalone registered agent service at $299 per year, but if you buy their LLC formation package at $0 + state fees, you might get a low cost for registered agent service.
How to Change a Registered Agent in Wyoming
To change the Wyoming registered agent, you must file a Change of registered agent or office by entity form. This form can be submitted to the Wyoming Secretary of State via mail or email.
File By Mail or In-person
You can also choose to file the form through the mail. You need to download the Change of registered agent or office by entity form from the Wyoming Secretary of State’s portal. Fill in all the details on your computer. The completed form is to be signed by the newly appointed registered agent. The duly signed form must be sent to the following address,
Mail to: Wyoming Secretary of State
Herschler Building East, Suite 101
122 W. 25th Street
Cheyenne, WY 82002-0020
Fee: $5 filing fee to be paid
How to Pay: The filing amount is payable to the Wyoming secretary of state through money order or check. No other payment method, such as Credit Card or online payment, will not be considered.
When you change the registered agent, the new person has to sign a consent letter. This consent letter comes attached with the form of changing your registered agent. You do not have to pay anything to submit the consent letter from the new registered agent. You need to download the form (PDF), fill it and send it to the above-mentioned address.
Below are the details to be mentioned in the consent letter:
- Name of the Registered Agent
- Address of the Registered Agent
- Date & Signature of the Registered Agent
- Business Entity Name
Why Do LLCs in Wyoming Need a Registered Agent Service
There are several reasons why a business should appoint a registered agent in Wyoming. Some of the most important reasons are listed below,
- Confidentiality: Having a registered agent service in Wyoming ensures the complete privacy of your business and related documentation. Appointing a registered agent company instead of an individual gets you privacy and confidentiality contracts beforehand.
- Up-to-date Compliance: LLCs and corporates have plenty of paperwork and compliances that are to be updated on time. With a registered agent service, you don’t have to worry about those compliances as your registered agent will maintain a compliance calendar.
- Privacy: It is mandatory for businesses in Wyoming to publicly upload their address to the Wyoming Secretary of State. If you are using the home address for your business, then it would not be safe to make your private address public. On the other side, appointing a registered agent service will cover you up here as they have to provide their address to the Wyoming SOS and not yours.
- Availability: Every registered agent has to be available during office hours of work on business days. If you hire a registered agent service, then they can be available at the required time without harming other tasks at the company.
- Online Safe Backup: Every registered agent in Wyoming or any other state usually takes online backup of all the documents and paperwork. This ensures the LLC papers are securely saved in a central system.
- Lawsuits or Summons: Getting summoned or involved in a lawsuit does not leave a good impression on the employees. With a registered agent, all the related papers will be delivered to the Registered Agent’s official address. Hence, owners do not have to receive any such papers in their office in front of their employees.
Wyoming Business Laws for Registered Agents to Note
Registered Agents are responsible for handling the business laws related to your LLC and other legal issues related to your Wyoming LLC. Every state has its own business laws. Wyoming is no exception. It has its own set of standard business laws to regulate businesses in the State. Here are some of the important business laws every business should follow in Wyoming.
Wyoming Antitrust Laws
Antitrust laws regulate and prevent anti-competitive practices in any open market by levying heavy penalties and punishment against such activities. These laws counter the formation of cartels, monopolies, or any barrier created for new entrants in the market. The Wyoming Antitrust laws prohibit any agreement in restraint of trade, price-fixing, acquisitions executed to reduce competition in the market, and any unfair methods of competition.
Wyoming Deceptive Trade Practices Laws
The State of Wyoming aims to protect its residents from unfair business practices. Such practices mislead the consumers into investing in invaluable market products by selling them with twisted statements and lies such as false advertising. The laws specifically prohibit false advertising and odometer tampering.
Wyoming’s Consumer Protection Act prohibits numerous practices such as making false representations about items, or affiliations, raising false claims for the repair of items, using bait and switch tactics, and engaging in any unfair act. For remedies, the State can obtain restraining orders and injunctions, a civil penalty of up to $10,000 for each willful violation, and the consumer can recover their actual damages incurred and other fees and costs.
Wyoming Interest Rate Laws
All states in the United States have an Interest law for businesses. Normally, the general interest rate guidelines are less than the legal threshold of interest rate. Wyoming has laws to limit the interest rates, and significantly high-interest rates are considered unlawful and open to criminal prosecution. In general, the State’s legal interest rate is 7% per annum. The rate of interest on court judgments is 10% per year. The State does not levy interest rates on late child support payments. Exceptions are granted to government agencies, credit sales, and loans for agricultural purposes.
Wyoming Civil Statute of Limitations Laws
Every lawsuit must be filed within a certain period of time post the occurrence of the incident as per the Statute of Limitations. In general, the time period for filing a lawsuit in Wyoming ranges from one to five years depending upon the type of case.
For cases involving injury, fraud, and trespass, the claim should be raised within 4 years from the date of occurrence of the incident. For breach of a written contract, the claim should be raised within 10 years. For disputes involving debt amount and judgments, the time limit is 5 years.
The Registered Agents are the people who act as points of contact between your business and the State Authorities. They assist your business in ensuring compliance with all regulations and codes of the State. Hiring a registered agent in Wyoming will help you handle your business in a smooth and legally compliant manner.
The registered agent might be changed in Wyoming. The Wyoming Secretary of State, Herschler Building East, Suite 101, 122 W. 25th Street, Cheyenne, WY 82002-0020, or by fax, if applicable, must receive the completed RA change application form. In Wyoming, it costs $5 to change the registered agent.
You must fulfill certain conditions to register as an agent in Wyoming. Being a legal adult (18+) is one of the most crucial requirements. You also need to be a Wyoming resident. You are qualified to apply to be a registered agent if you satisfy these requirements.
A registered agent in Wyoming might be your spouse, any other LLC member, a family member, a friend, or you. Being an adult (18 years or older) and a resident of the state are the two essential requirements. You may become a registered agent with ease if you are able to meet the prerequisites.
In Wyoming, it is simple to change a registered agent’s address. You must file the RA Change Form, which is accessible online at the Wyoming Secretary of State’s website. Include the new address in the form. Whatever option is available to you, submit it online, by mail to the Wyoming Secretary of State, Herschler Building East, Suite 101, 122 W. 25th Street, Cheyenne, WY 82002-0020, or by fax. The address change can incur a cost.
Visit the Wyoming SOS website to locate a company’s registered agent. If you know the firm name, use that to do a search. If you find the firm you’re searching for, use that information to find the registered agent.
It is required by law in Wyoming for your business to have a registered agent. Any papers, licenses, and notifications will be sent by your registered agent, who will also be in charge of receiving any legal actions brought against the business at his registered address. During business hours, he or she must be accessible at their office.
Companies must provide their name, address, and contact information while registering their company in Wyoming in order to formally designate a registered agent. The registered agent is included in a distinct part of the articles of incorporation. This is how one names a registered agent in Wyoming.
Visit the Wyoming Secretary of State’s website to look for a registered agent’s address in Wyoming. Seek for the following procedures to look for the registered agent’s address:
1. Visit the Wyoming SOS website.
2. Use the business name to search for information about the firm
3. Look for the list of registered agents’ addresses
This makes it simpler to locate the registered agent’s address.
You may look for a company in Wyoming using the name of its registered agent. Visit the official website for the Wyoming Secretary of State. Find the “Business Search” option. You may “Search by the registered agent” in the search area. Choose the option and type the registered agent’s name. You will get the company name.
Having a physical residence in Wyoming and being at least 18 years old are the two basic requirements in Wyoming for a registered agent. A resident of the state who is at least 18 years old may serve as the registered agent.
In Wyoming, you must go to the Wyoming SOS to check for a registered agent for a company. You must choose Business Search from the main page. If you know the company name, use that to search for businesses. To see more information, choose Registered Agent.
If the company the registered agent was working for requires a formal resignation letter. A resignation notification must be sent by mail, fax, or online to the Wyoming Secretary of State once the employer accepts the letter. The notification must be delivered within the allotted period.
By login onto the Wyoming Secretary of State website, you may make changes to a registered agent there. Make sure the online method is accessible for you, however, before you continue with it. RA Change Form should be sent if not.
You may get a registered agent for nothing in Wyoming. You won’t need to physically pay anything to yourself if you act as your own registered agent. You could save money if your partner or a close acquaintance joins an agency. Finally, you may use a Wyoming free professional registered agent service.
Visit the Wyoming Secretary of State to learn more about the registered agent there. The “Search Business” option will be shown to you. You may search for your company using its name. You may receive the registered agent’s information from the list while you wait for the results.
There is no distinct form for the registered agent in Wyoming. When establishing their firm, companies must choose a registered agent and send their information via the formation paperwork. The formation papers must be submitted to the Wyoming Secretary of State at Herschler Building East, Suite 101, 122 West 25th Street, Cheyenne, WY 82002-0020.
A registered agent is required in Wyoming if you own a company. If you don’t have a registered agent or yours has resigned, you must immediately appoint a new one. Alternatively, you may act as a registered agent for your business in Wyoming.
When a registered agent passes away in Wyoming, all of their authority is lost. In Wyoming, a registered agent is required. Therefore, the business has to choose or replace a new registered agent. A manager, an official of the business, or even the owner, might act as the registered agent in the interim.
There are certain regulations for registering your company in Wyoming. You might find out whether you can prevent the name of your registered agent from appearing on the public platform by visiting the Wyoming Secretary of State. You may keep a member’s name hidden if you have an Anonymous LLC.
Call the Secretary of State’s office in Wyoming to get the registered agent information. The official hours are 8 am to 5 pm. To reach the executive, dial 307-777-7311. To receive the information, adhere to the caller’s instructions.
When a person gives their permission to act as a registered agent in Wyoming, they are indicating their acceptance of the role. Before beginning the process of serving papers, the newly appointed person in Wyoming must provide his or her permission.
In Wyoming, a resident agent and a registered agent are the same titles. While the registered agent is utilized in the majority of states, the resident agent is used in other states. Every state has the same designation, appointment process, and registration procedure.
In Wyoming, if the registered agent declines, the business risks facing legal repercussions for making a false declaration. The registered agent, however, is free to refuse any obligation that has been placed upon them.
The firm may still be sued even though it has no registered agent in Wyoming. Simply put, the lack of an agent preventing the corporation from receiving legal notices is the issue. However, the lawsuit will proceed, and an alternative method of sending the notice will be used.
The application for the rejection must be submitted in Wyoming by the registered agent who wishes to reject the designation. They only need to sign the rejection statement and mail it to the Wyoming Secretary of State. It is comparable to accepting the designation.
How to Remove a Registered Agent for LLC in Wyoming
A registered agent for LLC in Wyoming can be removed by filing a Change of an Entity’s Registered Agent and Office Form with the Wyoming Secretary of State without any filing fee.
To understand how to remove a registered agent for an LLC in Wyoming, first, it is important to establish the rightful grounds for such an action. Reasons for seeking a change in registered agent can vary. Sometimes, the agent may have failed to deliver various important documents to the LLC in a timely manner or shown a lack of commitment in fulfilling their responsibilities accurately. Additionally, perhaps the LLC has outgrown its current registered agent, requiring a more professional and experienced individual or service to handle its affairs.
Once the decision to remove the existing registered agent has been made, the process itself is relatively simple. In order to initiate the change, the LLC must provide a written notice of removal to the current registered agent. This notice should clearly state the intent to terminate their services and indicate that the LLC has already appointed a new registered agent to assume the responsibilities.
It is important to note that, according to Wyoming law, the written notice must be sent via certified mail to the registered agent’s last-known address. It is advisable to retain proof of mailing to ensure compliance with legal requirements and to establish a paper trail for documentation purposes.
Simultaneously, it is essential for the LLC to promptly appoint a new registered agent to ensure continuous compliance with state regulations. The new registered agent should possess the necessary qualifications and be duly authorized to perform their duties in Wyoming. This individual or entity must also provide their written consent to serve as the registered agent for the LLC.
After the necessary paperwork has been completed, the LLC must then file the updated information with the Wyoming Secretary of State. The required form, known as “Statement of Change of Registered Office or Registered Agent,” must be accurately completed with the necessary particulars including the new registered agent’s name, address, and relevant contact information.
Once the filing is complete, it is imperative to review and update any internal or external records that may have the previous registered agent’s information. It is important to ensure that the LLC’s internal documents, contracts, and agreements, as well as any government registrations or licenses, reflect the changes accurately. Regular and open communication with the new registered agent will solidify the transition, ensuring seamless operations moving forward.
Ultimately, the process of removing a registered agent for an LLC in Wyoming involves providing written notice, appointing a new registered agent, filing the necessary form with the state, and updating the LLC’s records. Complying with the state’s legal requirements and best practices for internal documentation will ensure a smooth transition and a sustained level of business efficiency.
In conclusion, the process of removing a registered agent for an LLC in Wyoming is not to be taken lightly. It requires careful attention to legal obligations, communication, and accuracy during all stages of the transition. By doing so, business owners can safeguard the interests of their LLC and maintain compliance with state regulations.
Before you choose a registered agent for your Wyoming LLC, compare their price and services from the table. They will be responsible for all your documentation, filings, and other LLC-related tasks. Hence, choose the best one for your business that provides 100% accurate service at a reasonable price.